SYLLABUS

SYLLABUS
Studiengang
Seminargruppen
Semester
Modulteil
Lehrbeauftrager
Handel und Internationales Management
HIM 12
2
International Economics
Prof. Dr. Günter Heiduk
Prüfung
Klausur
Aim
The seminar is aiming to provide the theoretical basis for
analyzing all types of international economic relations and their
implications on macroeconomic developments.
From microeconomic point of view the focus is on theories of
international trade, the interdependencies between FDI, trade
and MNCs, migration. The analysis of foreign exchange
markets relate these cross-border transactions to
macroeconomic effects on the balance of payment and
monetary performance.
Content
Prerequisites
Part I History of Trade
Part II Globalization
Part III International Economic – Theory and Policy
Basics of microeconomics and macroeconomics
Literature

Feenstra, R.C. and Taylor A.M. (2011), International
Economics, 2nd ed. Palgrave Macmillan, New York.
 Heiduk, G. (2005), Aussenwirtschaft - Theorie, Empirie und
Politik der interdependenten Weltwirtschaft, Physica,
Heidelberg.
 Krugman, P.R. and M. Obstfeld (2008), International
Economics: Theory and Policy, 8th ed, Pearson, New York.
 Rose, K., Sauernheimer (2006), K. Theorie der
Aussenwirtschaft, 14. Aufl., Oldenbourg, Muenchen.
Siebert, H. Lorz, O. (2006), Aussenwirtschaft, 8. Aufl., UTB,
Stuttgart.
Pre-reading
Heiduk, G. (2013), “The Puzzle of Globalization, Challenges for
International Management” IN: S. Kisgen, A. Dresen, W. Faix (eds.),
International Management, Stuttgart, pp 125-184.
Papers for
presentation
1) Gries, T, Redlin, M (2012), Trade Openness and Economic Growth: A
Panel Causality Analysis, University of Paderborn, Germany.
5)Sun, P, Heshmati, A (2010), International Trade and its Effect on
Economic Growth in China, IZA Discussion Paper Series, No 5151, Institute
for the Study of Labor, Bonn, Germany.
8) Hakanson, L, Dow, D (2012), Markets and Networks in International
Trade: On the Role of Distance in Globalization, Management International
Review, 52, 761-789.
10) Ahearn, R.J. (2012), U.S.-EU Trade and Economic Relations: Key Policy
Issues for 112th Congress, CRS Report for Congress, R41652, Washington,
DC.
12) Villarreal, A, Blanchard, S (2013), How Job Characteristics Affect
International Migration, Demography, 50, 751-775.
13) Witte, MD (2012), What Effect Did the Credit Crisis of 2008 Have on
European Exchange Rates? Eastern European Economics, 50(3), 79-93.
15) Auboin, M, Ruta, M (2011), The Relationship between Exchange Rates
and International Trade: A Review of Economic Literature, Staff Working
Paper, ERSD-2011-17, WTO.
16) Marchetti, J, Ruta, M, Teh, R (2012), Trade Imbalances and Multilateral
Trade Cooperation, Staff Working Paper, ERSD-2012-23, WTO.
18) Eichengreen, B, Park, D, Shin, K (2011), When Fast Growing Economies
Slow Down: International Evidence and Implications for China, NBER
Working Paper, No 16919.

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