International Economics, E-learning

7.5 ECTS-credits
First Cycle Level 1
School of Culture and Society
Subject field
Economics (NAA)
Group of Subjects
Disciplinary Domain
Social Science, 100%
This course can be included in the following main field(s) of study
Progression indicator within (each) main field of study
Approved by the Faculty School of Culture and Society, 19 October 2009.
This syllabus is valid from 25 August 2010.
Revised, 07 March 2013.
Revision is valid from 07 March 2013.

Learning Outcomes

This course presents basic economic theories on international trade and international finance. The purpose is that after completion of the course the student will:

- Understand the cause and effects of international trade and economic integration
- Understand the cause and effects of implementing different types of barriers to international trade
- Understand the functions of the exchange market, the link between interest rates and exchange rates and the link between prices and exchange rates
- Follow the general debate on different aspects of international economics
- Have a rudimentary knowledge of economic theory for further development through higher level courses for a degree majoring in economics.

The student will acquire knowledge of:

- What determines a country’s comparative advantages
- The welfare effects of different types of trade barriers
- Terms such as ; free trade areas, custom unions, balance of payments, current account, etc.
- Company alternatives regarding the management of exchange risk exposure.
- How exchange rate fluctuations affect trade flows
- The different types of exchange rate systems

Course Content

This course discusses and examines the causes of and the effects on international trade within the framework of different theories on the topic. Specifically, the concept of comparative advantages will be introduced and explained. Different types of trade barriers such as tariffs and quotas and their effects are discussed and analysed. The concept of international interest rate dependence and the role of the central bank are explained. The basic aspects of conducting economic policy in an open economy is described and analysed.


Written examination.

Forms of Study

Internetbased lectures and exercises.


The Swedish grades U–VG.


  • General entry requirements and Mathematics 3b or 3c or Mathematics C, Social Sciences 1b or 1a1+1a2, English 6

Other Information

A maximum of five examination resits