|Status||Compulsory/Courses of Limited Choice|
|Level and type||Undergraduate Studies, Academic|
|Field of study||Economics|
|Academic staff||Maija Šenfelde, Aleksandrs Fedotovs|
|Credit points||4.0 (6.0 ECTS)|
Theory of international trade. Economic problems of regions. International trade policy. Currency rates and the theory of open economy. National accounts and the balance of payments. International macroeconomic policy. International currency system. Global capital market..
Goals and objectives
of the course in terms
of competences and skills
|To understand the economic basis of international economic relations, to analyse and evaluate the economical results of state trade policy, to analyse state balance of payments and to understand international capital flows.|
Students are able to show the understanding of the essence of international economics and world economy. - Assessment tests and final examination.
Students are able to understand the economic basis and theories of international trade, to analyse and evaluate the economic results of state trade policy. - Assessment tests and final examination.
Students are able to analyse the state balance of payments and to show their understanding of international capital flows. - Assessment tests and final examination.
Students are able to show their understanding of international monetary relations and their influence on the national economy. - Assessment tests and final examination.
|Course prerequisites||knowledge of microeconomics and macroeconomics|