International Economics (5 cr)

Evaluation scale

H-5

Content scheduling

After completing this course the student is able to follow media and the news concerning international economy and world's trade has an overview on the foundation of international economy and the forms of trade policy is able to explain the development and various forms of the world's economic integration and the position of Finland in this context understands and is able to explain the function of open macroeconomics


Contents: foundations of international economy forms of trade policy; forms of economic integration key theories explaining international trade and trade policy international monetary system and regional monetary integration

Objective

After completing this course the student is able to follow media and the news concerning international economy and world's trade has an overview on the foundation of international economy and the forms of trade policy is able to explain the development and various forms of the world's economic integration and the position of Finland in this context understands and is able to explain the function of open macroeconomics

Content

Contents: foundations of international economy forms of trade policy; forms of economic integration key theories explaining international trade and trade policy international monetary system and regional monetary integration

Exam schedules

Will be announced in class

Pedagogic approaches and sustainable development

Students learn in small groups

Inquiry-based, case studies, experiential learning, collaborative and integrative

Student workload

Students workload = 133hrs

Evaluation methods and criteria

The assessment is based on a scale of: 1 - 5
Active participation in team 10%
Individual assignment 40%
Team assignment 50%

Failed (0)

The work does not reach the standard level of the course. There is no evidence of further reading or considered thought about the subject matter neither clear demonstration of familiarity with the various terminologies and concepts.

Assessment criteria, satisfactory (1-2)

There is basic understanding of international economic concepts but the knowledge and the processing of knowledge is weak or limited. There is only little evidence of wider reading.

Assessment criteria, good (3-4)

The work is reasonably competent, though there may be some weaknesses. Knowledge of various responsible tourism and wellness business and marketing concepts is adequate and while there is evidence of reading beyond the class, it's patchy or not broad (3).


The work is well developed beyond that given; demonstrates sound conceptual knowledge in responsible tourism and wellness business and reasoning; depth and breadth of reading (4)

Assessment criteria, excellent (5)

The work reflect very high conceptual standard and demonstrate knowledge in responsible tourism and wellness business concepts and autonomous development of reasoning processing well beyond that given in class. There is clear evidence of depth and breadth in reading

Further information

To be announced in class