International Economics (ECO201)
Vietnamese title: Kinh tế quốc tế
Credits: 3
Prerequisites: ECO121

Description:
This course will study the economic relations among nations through analyzing the exchange of goods, services as well as the linkages between trade, labor and capital movements, international fragmentation of production, economic well-being and the income distribution and to identify and critically examine policy implications of these linkages. Besides that, the course provides students both classical and modern theories of international trade in goods and services, as well as empirical research on trade . A substantial fraction of the course is dedicated to examination of efficient trade policies. This course also covers the balance of payments, exchange rates and open-economy macroeconomics.

Learning outcomes:
Recognize the overview of world trade, cause of trade, the pattern of word trade, the way of word trade has evolved over time
Demonstrate the global capital market: performance and policy problems
Identify the idea of optimum currency areas
Demonstrate the understanding of Growth, Crises and International Speculation
Identify the the main Traditional Models of International Trade
Understand the Imperfect Competition and New Theories of International Trade
State the linkages between trade, labor and capital movements, international fragmentation of production, economic well-being and the income distribution and to identify and critically examine policy implications of these linkages
Identify International factor mobility
Analyze instruments and consequences of trade policy measures
Discuss the political economy of Trade Policy: the motivation for protectionist policies, examples of current trade agreements, Recent controversies in trade policy and trade retaliation, Trade policy in developing countries, links between trade and the environment.
Understand the exchange Rates, Price Levels and Money
Analyze clearly the intertemporal approach to current account, balance of payments and the trade balance;

Student tasks:
- Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
- Actively participate in class activities
- Fulfill tasks given by instructor after class
- Use their own laptop in class only for learning purpose
- Read the textbook in advance
- Access the course website (http://flm.fpt.edu.vn) for up-to-date information and material of the course, for online supports from teachers and other students and for practicing and assessment.

Tools:

Materials:
description: International Economics: Theory and Policy
author: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
publisher: Pearson
published_date: 2017
edition: 11th Edition
isbn: 978-0134519579
description: Exchange Rates and International Finance,
author: Copeland L.
published_date: 2014
edition: 6th edition
isbn: 9780273786047
description: Websites:
http://www.trungtamwto.vn/
http://chongbanphagia.vn/
http://www.tbtvn.org/
http://www.wto.org/
http://www.asean.org/
http://unctad.org/
http://europa.eu/
description: International Trade: Theory and Policy, Global Edition
author: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
publisher: Pearson
published_date: 2022
edition: Global Edition, 12th
isbn: 9781292417233
note: Chọn một trong 2 ấn bản. Ưu tiên mua ấn bản mới nhất

Assessments:
category: Class participation and preparation
type: on-going
weight: 10.0
category: Group Presentation
type: on-going
weight: 15.0
duration: 90'
question_type: LO2, LO3, LO4, LO5, LO6, LO7
no_question: Option 1: about the chosen topic infront of the class in 45 minutes. The teacher will summarise the key points. The presentation/discussion in class is expected to answer student's questions/wonders about what they are not sure, not very things mentioned in the materials.
grading_guide: Option 1: Based on the first twelve chapters of this course (cover both classical and modern theories of international trade as well as examine the efficient of trade policies)
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Progress Test 1
type: on-going
weight: 15.0
duration: 40'
question_type: LO2, LO4
no_question: Option 1: Multiple choiceOption 2 (For Constructivism Approach only): Follow lecturer's proposal
knowledge_and_skill: Option 1: 50 questions
grading_guide: Option 1: Test the acquainted knowledge which student obtained in the delivered chapters (1-6).
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Progress Test 2
type: on-going
weight: 15.0
duration: 40'
question_type: LO3, LO5, LO6, LO7
no_question: Option 1: Multiple choiceOption 2 (For Constructivism Approach only): Follow lecturer's proposal
knowledge_and_skill: Option 1: 50 questions
grading_guide: Option 1: Test the acquainted knowledge which student obtained in the delivered chapters (7-13).
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Progress Test 3
type: on-going
weight: 15.0
duration: 40'
question_type: LO8, LO9
no_question: Option 1: Multiple choiceOption 2 (For Constructivism Approach only): Follow lecturer's proposal
knowledge_and_skill: Option 1: 50 questions
grading_guide: Option 1: Test the acquainted knowledge which student obtained in the delivered chapters (14-20).
Option 2 (For Constructivism Approach only): Follow lecturer's proposal
category: Final exam
type: Final exam
weight: 30.0
duration: 60'
question_type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9, LO10, LO11, LO12
no_question: Multiple choice
50 questions.
grading_guide: The question will cover the lectures, class discussions, activities, exercises, and textbook.

Schedule:
session: Introduction
Chapter 1. Introduction
- What is international economics about?
- International Economics: Trade and Money
Chapter 2. World Trade: An overview
learning_outcomes: IT
materials: ECO201_Chap 1 to 5_ppt
session: Introduction (cont)
Chapter 1. Introduction
- What is international economics about?
- International Economics: Trade and Money
Chapter 2. World Trade: An overview
learning_outcomes: IT
materials: ECO201_Chap 6 to 10_ppt
session: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model
learning_outcomes: T
U
materials: ECO201_Chap 11 to 16_ppt
session: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
learning_outcomes: T
U
materials: ECO201_Chap 17 to 22_ppt
session: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
learning_outcomes: T
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materials: ECO201_Chaps 21 22
session: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
learning_outcomes: T
U
session: Chapter 4. Specific Factors and Income Distribution
learning_outcomes: T
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session: Chapter 4. Specific Factors and Income Distribution (cont)
learning_outcomes: T
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session: Chapter 4. Specific Factors and Income Distribution (cont)
learning_outcomes: T
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session: Chapter 4. Specific Factors and Income Distribution (cont)
learning_outcomes: T
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session: Chapter 4. Specific Factors and Income Distribution (cont)
learning_outcomes: T
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session: Chapter 4. Specific Factors and Income Distribution (cont)
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
learning_outcomes: T
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session: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
learning_outcomes: T
U
session: Review and Progress Test 1
learning_outcomes: U
session: Chapter 6. The Standard Trade Model (cont)
learning_outcomes: T
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session: Chapter 6. The Standard Trade Model (cont)
learning_outcomes: T
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session: Chapter 6. The Standard Trade Model (cont)
learning_outcomes: T
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session: Chapter 6. The Standard Trade Model (cont)
learning_outcomes: T
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session: Chapter 6. The Standard Trade Model (cont)
learning_outcomes: T
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session: Chapter 7. External Economies of Scale and the International Location of Production
learning_outcomes: T
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session: Chapter 7. External Economies of Scale and the International Location of Production (cont)
learning_outcomes: T
U
session: Chapter 7. External Economies of Scale and the International Location of Production (cont)
learning_outcomes: T
U
session: Chapter 9. The Instruments of Trade Policy
learning_outcomes: T
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session: Chapter 9. The Instruments of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 9. The Instruments of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 9. The Instruments of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 9. The Instruments of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 9. The Instruments of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 10: The Political Economy of Trade Policy
learning_outcomes: T
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session: Chapter 10: The Political Economy of Trade Policy (cont)
learning_outcomes: T
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session: Chapter 10: The Political Economy of Trade Policy (cont)
learning_outcomes: T
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session: Specific Issues in Trade Policy Consideration
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
learning_outcomes: T
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session: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
learning_outcomes: T
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session: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
learning_outcomes: T
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session: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
learning_outcomes: T
U
session: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
learning_outcomes: T
U
session: Review and Progress Test 2
learning_outcomes: U
session: Chapter 13. National Income Accounting and the Balance of Payments
learning_outcomes: T
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session: Chapter 13. National Income Accounting and the Balance of Payments (cont)
learning_outcomes: T
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session: Chapter 13. National Income Accounting and the Balance of Payments (cont)
learning_outcomes: T
U
session: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach
learning_outcomes: T
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session: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach (cont)
learning_outcomes: U
session: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach (cont)
learning_outcomes: U
session: Chapter 20 Financial Globalization: Opportunity and Crisis
learning_outcomes: T
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session: Chapter 20 Financial Globalization: Opportunity and Crisis (cont)
learning_outcomes: T
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session: Chapter 20 Financial Globalization: Opportunity and Crisis (cont)
learning_outcomes: T
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session: Chapter 21. Optimum Currency Areas and the Euro
learning_outcomes: T
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session: Chapter 21. Optimum Currency Areas and the Euro (cont)
learning_outcomes: T
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session: Chapter 21. Optimum Currency Areas and the Euro (cont)
learning_outcomes: T
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session: Review and Progress Test 3
learning_outcomes: T
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session: Chapter 22. Developing Countries: Growth, Crisis, and Reform (cont)
learning_outcomes: U
session: Chapter 22. Developing Countries: Growth, Crisis, and Reform (cont)
learning_outcomes: U
session: Group presentation
learning_outcomes: U
session: Group presentation
session: Group presentation