[major=BBA_IB | course_id=ECO201 | syllabus_id=13709 | semester=3 | combo=core | title=International Economics]
Course ID: ECO201
Title EN: International Economics
Title VI: Kinh tế quốc tế
Credits: 3.0
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.
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: 
Course type: traditional
Decision: 1318/QĐ-ĐHFPT dated 11/27/2025
Approved date: 2025-11-27
CLO1: Recognize the overview of world trade, cause of trade, the pattern of word trade, the way of word trade has evolved over time
[1] category=Class participation and preparation; type=on-going; weight=10.0; duration=; question_type=; grading_guide=; completion_criteria=; clos=>0
[2] category=Group Presentation; type=on-going; weight=15.0; duration=90'; question_type=LO2, LO3, LO4, LO5, LO6, LO7; 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; completion_criteria=; clos=>0
[3] category=Progress Test 1; type=on-going; weight=15.0; duration=40'; question_type=LO2, LO4; 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; completion_criteria=; clos=>0
[4] category=Progress Test 2; type=on-going; weight=15.0; duration=40'; question_type=LO3, LO5, LO6, LO7; 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; completion_criteria=; clos=>0
[5] category=Progress Test 3; type=on-going; weight=15.0; duration=40'; question_type=LO8, LO9; 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; completion_criteria=; clos=>0
[6] 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; grading_guide=The question will cover the lectures, class discussions, activities, exercises, and textbook.; completion_criteria=; clos=4
[1] desc=International Economics: Theory and Policy; author=Paul R. Krugman, Maurice Obstfeld, Marc Melitz; publisher=Pearson; edition=11th Edition; isbn=978-0134519579; main=True; online=; note=
[2] desc=Exchange Rates and International Finance,; author=Copeland L.; publisher=; edition=6th edition; isbn=9780273786047; main=; online=; note=
[3] desc=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/; author=; publisher=; edition=; isbn=; main=; online=True; note=
[4] desc=International Trade: Theory and Policy, Global Edition; author=Paul R. Krugman, Maurice Obstfeld, Marc Melitz; publisher=Pearson; edition=Global Edition, 12th; isbn=9781292417233; main=True; online=; note=Chọn một trong 2 ấn bản. Ưu tiên mua ấn bản mới nhất
Session 1: Introduction
Chapter 1. Introduction
- What is international economics about?
- International Economics: Trade and Money
Chapter 2. World Trade: An overview
Topic: Offline; Teaching type: LO1; LO: IT
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Materials: ECO201_Chap 1 to 5_ppt
Download: Textbooks, internet and other resources

Session 2: Introduction (cont)
Chapter 1. Introduction
- What is international economics about?
- International Economics: Trade and Money
Chapter 2. World Trade: An overview
Topic: Offline; Teaching type: LO1; LO: IT
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Materials: ECO201_Chap 6 to 10_ppt
Download: Textbooks, internet and other resources

Session 3: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Materials: ECO201_Chap 11 to 16_ppt
Download: Textbooks, internet and other resources

Session 4: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Materials: ECO201_Chap 17 to 22_ppt
Download: Textbooks, internet and other resources
CLO10: Demonstrate the global capital market: performance and policy problems
Session 1: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Materials: ECO201_Chaps 21 22
Download: Textbooks, internet and other resources

Session 2: Chapter 3. Labor Productivity and Comparative Advantage: The Ricardian Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 4. Specific Factors and Income Distribution
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 4. Specific Factors and Income Distribution (cont)
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO11: Identify the idea of optimum currency areas
Session 1: Chapter 4. Specific Factors and Income Distribution (cont)
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 4. Specific Factors and Income Distribution (cont)
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 4. Specific Factors and Income Distribution (cont)
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 4. Specific Factors and Income Distribution (cont)
Topic: Offline; Teaching type: LO2, LO4; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO12: Demonstrate the understanding of Growth, Crises and International Speculation
Session 1: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO2: Identify the the main Traditional Models of International Trade
Session 1: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 5. Resources and Trade: The Heckscher-Ohlin Model (cont)
Topic: Offline; Teaching type: LO2; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Review and Progress Test 1
Topic: Offline; Teaching type: LO2, LO4; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 6. The Standard Trade Model (cont)
Topic: Offline; Teaching type: LO3; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO3: Understand the Imperfect Competition and New Theories of International Trade
Session 1: Chapter 6. The Standard Trade Model (cont)
Topic: Offline; Teaching type: LO3; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 6. The Standard Trade Model (cont)
Topic: Offline; Teaching type: LO3; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 6. The Standard Trade Model (cont)
Topic: Offline; Teaching type: LO3; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 6. The Standard Trade Model (cont)
Topic: Offline; Teaching type: LO3; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO4: 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
Session 1: Chapter 7. External Economies of Scale and the International Location of Production
Topic: Offline; Teaching type: LO3, LO5; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 7. External Economies of Scale and the International Location of Production (cont)
Topic: Offline; Teaching type: LO3, LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 7. External Economies of Scale and the International Location of Production (cont)
Topic: Offline; Teaching type: LO3, LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 9. The Instruments of Trade Policy
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO5: Identify International factor mobility
Session 1: Chapter 9. The Instruments of Trade Policy (cont)
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 9. The Instruments of Trade Policy (cont)
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 9. The Instruments of Trade Policy (cont)
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 9. The Instruments of Trade Policy (cont)
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO6: Analyze instruments and consequences of trade policy measures
Session 1: Chapter 9. The Instruments of Trade Policy (cont)
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 10: The Political Economy of Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 10: The Political Economy of Trade Policy (cont)
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 10: The Political Economy of Trade Policy (cont)
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO7: 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.
Session 1: Specific Issues in Trade Policy Consideration
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO8: Understand the exchange Rates, Price Levels and Money
Session 1: Specific Issues in Trade Policy Consideration (cont)
Chapter 11. Trade Policy in Developing Countries
Chapter 12. Controversies in Trade Policy
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Review and Progress Test 2
Topic: Offline; Teaching type: LO3, LO5, LO6, LO7; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 13. National Income Accounting and the Balance of Payments
Topic: Offline; Teaching type: LO9; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 13. National Income Accounting and the Balance of Payments (cont)
Topic: Offline; Teaching type: LO9; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
CLO9: Analyze clearly the intertemporal approach to current account, balance of payments and the trade balance;
Session 1: Chapter 13. National Income Accounting and the Balance of Payments (cont)
Topic: Offline; Teaching type: LO9; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach
Topic: Offline; Teaching type: LO8; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach (cont)
Topic: Offline; Teaching type: LO8; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 14. Exchange Rates and the Foreign Exchange Market: An Asset Approach (cont)
Topic: Offline; Teaching type: LO9; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
Session 1: Chapter 20 Financial Globalization: Opportunity and Crisis
Topic: Offline; Teaching type: LO10; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 20 Financial Globalization: Opportunity and Crisis (cont)
Topic: Offline; Teaching type: LO10; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Chapter 20 Financial Globalization: Opportunity and Crisis (cont)
Topic: Offline; Teaching type: LO10; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 21. Optimum Currency Areas and the Euro
Topic: Offline; Teaching type: LO11; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
Session 1: Chapter 21. Optimum Currency Areas and the Euro (cont)
Topic: Offline; Teaching type: LO11; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Chapter 21. Optimum Currency Areas and the Euro (cont)
Topic: Offline; Teaching type: LO11; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Review and Progress Test 3
Topic: Offline; Teaching type: LO8, LO9; LO: T, U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Chapter 22. Developing Countries: Growth, Crisis, and Reform (cont)
Topic: Offline; Teaching type: LO12; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources
Session 1: Chapter 22. Developing Countries: Growth, Crisis, and Reform (cont)
Topic: Offline; Teaching type: LO12; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 2: Group presentation
Topic: Offline; Teaching type: LO2, LO3, LO4, LO5, LO6, LO7; LO: U
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 3: Group presentation
Topic: Offline; Teaching type: LO9; LO: 
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources

Session 4: Group presentation
Topic: Offline; Teaching type: LO9; LO: 
ITU: Do exercises, self - review, assignment, Additional reading following chapter
Download: Textbooks, internet and other resources