IMP203 International Economic Relations

Code IMP203
Name International Economic Relations
Status Compulsory/Courses of Limited Choice
Level and type Undergraduate Studies, Professional
Field of study Economics
Faculty Department of Customs and Taxes
Academic staff Aivars Vilnis Krastiņš, Egīls Fortiņš, Valentīna Strautmane, Igors Klapenkovs, Aleksandrs Fedotovs, Olga Bogdanova
Credit points 3.0 (4.5 ECTS)
Parts 1
Annotation Basic course on international movement of goods, services, labour and capital, regional economic integration and international economic organizations. The course is based on knowledge in theory of market economy and develops skills for its application.
Goals and objectives
of the course in terms
of competences and skills
Upon completion of the course students obtain an idea of general developments in international economic relations, acquire basic knowledge and skills in analysis and evaluation of international economic relations.
Learning outcomes
and assessment
Students understand types of international economic relations, evaluate their significance by using economic indicators - Tasks, practical examples. Examination.
Students are able to analyse the country’s trade policy, economic consequences of using trade policy instruments - Tasks, case studies, practical examples, tests. Examination
Students are able to analyze international scientific and technical cooperation between countries. Able to assess the commercial aspects of scientific and technical cooperation - Tasks, case studies, practical examples. Examination.
Students are able to analyse the types and characteristics of international trade in services - Tasks, case studies, practical examples. Examination
Students understand direct investments and portfolio investments, are able to analyse the economic consequences of capital movement - Tasks, case studies, practical examples. Examination
Students understand the nature of the currency system and the functioning principles of the foreign exchange market - Tasks, case studies, practical examples, tests. Examination.
Students understand the causes and reasons of international labour movement - Tasks, case studies, practical examples. Examination.
Students understand the nature and development of international economic integration - Tasks, case studies, practical examples. Examination.
Students understand the role and functions of international economic organizations - Tasks, case studies, practical examples. Examination.
Course prerequisites Secondary education

[Extended course information PDF]