Module manager: Peter Phelps
Email: P.Phelps@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2024/25
| LUBS2140 | Intermediate Microeconomics |
| LUBS2610 | Intermediate Macroeconomics |
| LUBS2400 | The International Economic Environment |
This module is not approved as a discovery module
This module introduces you to microeconomic and macroeconomic issues in international economics. You will be introduced to key concepts in international trade and the models that underline our understanding of trade. It will show you the theoretical and empirical costs and benefits of international trade and trade liberalisation. It will introduce you to some fundamental issues relating to the exchange rate and considers the important concepts, theories and policies that relate to the financial side of an open economy. Finally, you will be introduced to the key international organisations and institutions.
This module aims to introduce students to some of the main issues related to international economics. It aims to provide students with a thorough understanding of the concepts and theories involved in international economics and aims to show how these theories can be used to evaluate the costs and benefits of international integration. The module aims to consider both microeconomic and macroeconomic dimensions of international economics.
Upon completion of this module, students will be able to:
- demonstrate critical understanding of international concepts, theories and policy instruments including issues related to exchange rates and international capital flows.
- evaluate the reasons for and the impact of international organisations and institutions, free trade and trade liberalisation.
- engage critically with a wide range of different ideas and practices to formulate recommendations based on these ideas.
Subject Specific
Upon completion of this module, students will be able to:
- Apply their understanding of international economic theories and policies to current issues and policy discussions in international economics.
Indicative content:
Absolute advantage, comparative advantage and the gains from trade; Heckscher Ohlin model; gravity model of trade; new trade theory; critical trade theories and trade policy; balance of payments and exchange rates; purchasing power parity and interest parity; theories of capital flows; and international organisations and institutions.
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Lecture | 11 | 1 | 11 |
| Seminar | 5 | 1 | 5 |
| Private study hours | 84 | ||
| Total Contact hours | 16 | ||
| Total hours (100hr per 10 credits) | 100 | ||
Students will be required to engage with the lecture and tutorial material with a view to them engaging in debates and discussions during seminars.
Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
| Assessment type | Notes | % of formal assessment |
|---|---|---|
| Assignment | 3,000 words | 100 |
| Total percentage (Assessment Coursework) | 100 | |
The resit for this module will be 100% by 3,000 word coursework.
The reading list is available from the Library website
Last updated: 4/29/2024
Errors, omissions, failed links etc should be notified to the Catalogue Team