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Faculty of Economics

ECTS Course Overview



International Trade

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code120-0563/02
Number of ECTS Credits Allocated5 ECTS credits
Type of Course Unit *Choice-compulsory
Level of Course Unit *First Cycle, Second Cycle
Year of Study *
Semester when the Course Unit is deliveredSummer Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
LAN075Ing. Eva Kovářová, Ph.D.
Summary
The subject is focused on understanding the main causes, forms and importance of international trade in the long-term historical connections and with respect to the current trends in the development of the global economy. After successfully finishing the course, the students will be able to solve the individual trade cases in the conditions of the Czech memberships in the European Union.
Learning Outcomes of the Course Unit
- to outline the main reasons for trade
- to identify the principle of international trade
- to assess the main factors influencing the position of countries in world trade
- to analyse practical trade cases
- to describe the trade policy instruments
- to assess the current trends in global trade
Course Contents
1.The introduction of the course - The principle of international trade. The determination of the main terms, the substance and causes of international trade. The main corners in the development of international trade.
2.The importance of international trade for the world economy, the rate of economic openness, balance of payments.
3.The importance and instruments of international trade.
4.The globalisation of trade flows and the determination of the main trade centres in the world.
5.The sources of comparative advantages and factors that influence their changes.
6.Trade policy - the principle of protectionism and liberal trade policy, multilateral trading system.
7.Trade liberalisation and international organizations(WTO, UNCTAD, OECD, WB).
8.The Common Commercial Policy of the European Union.
9.The foreign trade policy of the Czech Republic before its entrance into the European Union, the forms and possibilities of enforcing the Czech trade interests in the European Union.
10.Regionalism in the world economy and regional trade agreements.
11.International trade and developing countries.
12.Foreign direct investments and trade flows.
13.Trade defence instruments.
14.Trade disputes and the mechanism of the dispute settlement in the WTO.
Recommended or Required Reading
Required Reading:
FEENSTRA, Robert C. a Alan M. TAYLOR. International Economics. New York: Worth Publishers, 2019. 936 s. ISBN ‎ 978-13-1929-236-2.
KRUGMAN, P. R., OBSTFELD, M. a M. MELITZ. International Economics: Theory and Policy. London: ‎ Pearson, 2017. ISBN 978-12-9221-487-0.
MELITZ, M., KRUGMAN, P. R. a M. OBSTFELD. International Trade: Theory and Policy. London: ‎ Pearson, 2018. 367 s. ISBN 978-12-9221-635-5.
FEENSTRA, Robert C. a Alan M. TAYLOR. International Economics. New York: Worth Publishers, 2019. 936 s. ISBN ‎ 978-13-1929-236-2.
KRUGMAN, P. R., OBSTFELD, M. a M. MELITZ. International Economics: Theory and Policy. London: ‎Pearson, 2017. 753 s. ISBN 978-12-9221-487-0.
MELITZ, M., KRUGMAN, P. R. a M. OBSTFELD. International Trade: Theory and Policy. London: ‎ Pearson, 2018. 367 s. ISBN 978-12-9221-635-5.

Recommended Reading:
COHN, C. Theodore. Global Political Economy: Theory and Practice. London: Routledge, 2016. 448 s. ISBN 978-11-3895-874-6.
DUNNE, T., M. KURKI a S. SMITH. International Relations Theories: Discipline and Diversity. Oxford: Oxford University Press, 2021. 400 s. ISBN 978-01-9870-756-1.
ZENKYNA, Elena. International Competitiveness in the New Economy: Currency and financial aspects. Lancaster: Our Knowledge Publishing, 2021. 240 s. ISBN ‎ 978-62-0347-509-8.
COHN, C. Theodore. Global Political Economy: Theory and Practice. London: Routledge, 2016. 448 s. ISBN 978-11-3895-874-6.
DUNNE, T., M. KURKI a S. SMITH. International Relations Theories: Discipline and Diversity. Oxford: Oxford University Press, 2021. 400 s. ISBN 978-01-9870-756-1.
ZENKYNA, Elena. International Competitiveness in the New Economy: Currency and financial aspects. Lancaster: Our Knowledge Publishing, 2021. 240 s. ISBN 978-62-0347-509-8.
Planned learning activities and teaching methods
Lectures, Tutorials
Assesment methods and criteria
Tasks are not Defined