Degree | Type | Year |
---|---|---|
2504216 Contemporary History, Politics and Economics | OB | 2 |
You can view this information at the end of this document.
Working knowledge of the material discussed in Principles of Economics I and II. The student must handle a general understanding of the current trends and tendency of the current global trade flows and international relations.
The main objectives of this course are:
- Learning about the structure and composition of current exchange flows and their historical evolution,
- Introducing analytical tools to be able to compute the proper indicators to interpret the political-economic implication of international exchange flows and, in general, the globalization process,
- Identifying the conditions of the internationalization process of firms and their production processes: value chains, outsourcing, offshoring,
- Recognizing and interpreting the exchange-rate policies of central banks and their impact on the intensity and direction of trade flows and trade relations,
- Acquiring knowledge about the international payment systems stemming from the different exchange-rate policies and their role in international financial crises since 1945.
The main topics discussed in this course are:
a) Evidence about the international trade flows: current and past data. Introduction to the different tools and indicators to identify trade patterns. The structure of the National Account. Identification, interpretation and economic consequences of the different trade patterns. The Globalization process.
b) The determinants of trade patterns: theory and evidence.
c) The rise of FTA or custums unions: theoretical background and political implications. Institutions (FMI, WTO).
d) International mobility of factors: MNE and FDI. Value Chains. Gender dimension, international division of labor and migration.
e) The market of currencies and the exchange rates: basic concepts, exchange rate types and regimes
d) The international financial markets: the possible interventions in the exchange-rate market. The evolution of the international monetary systemn (The Gold Standard Era 1870-1914,The Bretton Woods Era 1944-1971, The Dollar crisis, The EMU and the EURO 1971 on). Capital flows and debt crises (Mexican crises, 1994-1995, Asian crises 1997, Russian Crises, 1998, Brazilian crisis 1999, Turksish crises 2001, Argentian crises 2001-2002.....). Cryotocurrencies.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Recitations and tutorials | 45 | 1.8 | 1, 2, 3, 4, 7, 8, 9, 10, 11, 12, 13, 14, 15, 19, 20, 21, 22, 23 |
Type: Supervised | |||
Follow-up activities | 25 | 1 | 1, 5, 6, 14, 15, 16, 17, 18, 19, 20, 21, 22, 24, 25 |
Type: Autonomous | |||
Readings, assimilation of concepts, data and information treatment | 80 | 3.2 | 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 |
The teaching activities planned in this course will alternate:
- Recitation classes,
- Tutorials and seminars.
Students will be also required to carry out learning tasks (individually or in group) to produce reports or any other type of evidence (to be delivered) to assess the degree of assimilation of the different topics discussed in class.
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Final Exam | 50% | 0 | 0 | 11, 19, 23 |
Midterm exam | 30% | 0 | 0 | 1, 3, 4, 7, 9, 10, 12, 13, 14, 15, 20, 21, 22 |
Other activites (reports, presentations.....) | 20% | 0 | 0 | 1, 2, 3, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 |
Continous evaluation
The final learning assessment is the weighted average of the following activities:
- 50% Final exam covering the material of the course that the professor will communicate in class.
- 30% Midterm evaluation as the professor will explain in class,
- 20% Other activities (reports, presentations,..)
While carrying out each evaluation activity, lecturers will inform students (in Moodle) of the procedures to be followed for reviewing all grades as well as the date the revision will take place.
The final minimum grade to pass the course is 5. The final grade is the weighted average of the scores of all the activities proposed during the course.
If the final overall grade is lower than 3.5, the student must repeat the course next year.
Students with a final grade between 3.5 and less than 5 may take a retake exam. The retake exam will be a synthetic evaluation for all the material discussed in the course. This retake assessment is scheduled by the Faculty of Arts and Humanities. If a student passes the retake exam (with 5 as a minimum grade), she/he will pass the course.
Students will obtain a “Not assessed/Not submitted” course grade unless they have submitted more than 30% of the assessment items. Therefore, a student who performs at least 30% of the continuous assessment components can no longer be qualified with a "not evaluable"
As a part of the evaluation activity, lecturers will inform students (on Moodle) of the procedures to be followed for reviewing all grades awarded,andthe date on which such a review will take place.
Single assessment
The request for a singleassessment implies to discard theoption to apply for the continuous evaluation option. Students can apply for the single evaluation through a form as established by the Faculty.
All part of the single assessment will be held on the same day as the final test of the continuous evaluation of this subject following of the calendar established by the Faculty.
The different parts of the single assessment and their weight in the final grade are:
- 30% written exam on parts a and b of this course program,
- 40% written exam on parts c, d and e of this course program,
- 20% Delivery of a research report and its presentation as the lecturer will inform to class.
The total (estimated) duration of the single assessment tests will be around five hours.
In the case of a single evaluation, the retake process will be identical to the one implemented for the continuous evaluation.
If a student undertakes any irregularity that may lead to a significant variation in the grade awarded to an assessment activity, the student will get zero for this activity, regardless of any disciplinary process that may take place. In the event of several irregularities in assessment activities of the same subject, the student will get a zero as the final grade for this subject.
Basic textbooks:
Rosella Nicolini (2019): "Tools in Applied Economics" (notes, https://ddd.uab.cat/record/203608)
Thomas Pugel (2019): "International Economics", 16th Edition, McGraw -Hill (available as ebook https://ebookcentral.proquest.com/lib/uab/detail.action?docID=6007400)
Robert Feenstra and Alan Taylor (2020): "International Economics", 5th edition, Worth Publishers.
Other references:
Richard Baldwin and Charles Wyplosz (any edition): " Economics of European Integration", McGraw Hill
Paul Krugman, Maurice Obstfeld, and Marc Melitz (any edition): "International Economics", Pearson
Dani Rodrik (2011): "The Globalization Paradox", W.W Norton
Data Sources:
FMI (http://www.imf.org),
World Bank (http://www.worldbank.org),
European Union (http://www.europa.eu.int),
Euro (http://www.euro.eu.int),
World Trade Organization (http://www.wto.org),
OCDE (http://www.oecd.org),
ONU (http://www.un.org),
INE (http://www.ine.es/),
European Central Bank (http://www.ecb.int/home/html/index.en.html)
Other references will be suggested in class.
Microsoft Excel (or similar)
Name | Group | Language | Semester | Turn |
---|---|---|---|---|
(PAUL) Classroom practices | 50 | English | second semester | afternoon |
(TE) Theory | 50 | English | second semester | afternoon |