Course Title and Purpose1. Course Title
INTERNATIONAL ECONOMICS

2. Aims of the Course:
Students who take this course will:
:: Understand international economics, divided in two important parts (a) international microeconomics i.e. international trade, and, (b) international macroeconomics, i.e. international finance
:: Absorb the phenomenon of the world development and integration of single country
:: Recognize the importance of regionalization and globalization in modern world
:: Realize the necessity of the integration of transition economies in the world economy
Course Delivery3. Contents:
The importance of International Economics; International trade theory; International trade policy; International finance and open economy macroeconomics; Regionalization vs Globalization.

4. Indicative Reading:
D. Salvatore, International Economics (Prentice Hall International editions 1995)
P. Krugman, M. Obstfeld, International economics: Theory and Policy (Addison Wesley, 2000)
W.C. Sawyer, R. L. Sprinkle, International Economics (Prentice Hall, 2003)
B.V. Yarbrough, R.M. Yarbrough, International Economics (Harcourt College Publishers, 2000)
T.A. Pugel, P.H. Lindert, International Economics (McGraw Hill, 2000)


5. Learning and Teaching Methods:

Total Contact Hours:
  14


Range of Modes of Contact:
Lectures (one per week), weekly seminars based on small group presentations based on independent learning and directed reading

Range of other Learning Methods:
Independent learning and directed reading

Total Study Hours:
   150
Course Assessment6. Course Learning Outcomes:
After taking this course, students will be able to:
:: Understand the complexity of the modern world in its global and regional dimension, especially EU
:: Adopt the importance of the international trade and the international finance and its interacting influence on global and regional level
:: Perceive the role of the supranational institutions, like GATT/WTO, IMF, World Bank

7. Assessment Methods:
Assessment is by oral course work (short individual contributions based on recommended reading) and a written exam paper (duration: three hours) set at the end of the course

Number, Type and Weighting of Elements:
1.
Coursework 25%
2. Exam 75%
Course Management 8. Credit Points and Duration:
8 credit points; duration of the course is one semester

9.  Contact Person:
Dr Zora Prekajac
E-mail: prekajac@ns1.sbb.co.yu