Trade Economics

Course unit title

Trade Economics

Course unit code

EKI801

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Third cycle Doctor

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 2

Number of ECTS credits allocated

4.8 ECTS

Name of lecturer(s)

Rossanto Dwi Handoyo, Ph.D.

Dr. Rudi Purwono

Dr. Wisnu Wibowo

Learning outcomes of the course unit

Students are expected to be able to critically analyze and evaluate the impact of various trade policies, both international and domestic trade in the context of unilateral, bilateral, and multilateral policies on the level of domestic economic welfare and be able to evaluate various trade policy practices in developing countries from the perspective of increasing trade volume. , trade competitiveness and other aspects related to trade policies such as labor, law, environment, and so on. Domestic trade is also a special concern in this course, both inter-island trade, inter-provincial trade, inter-sectoral trade, as well as regulations needed to avoid overlapping in domestic trade.

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

No

Course content

Lectures are carried out in two methods. The first is a classic lecture on understanding various theories related to international trade policy. This first method is carried out from the first meeting until before the Mid-Semester Exam. The second method (after UTS) is to design classes by providing opportunities for students to compose and present structured papers with selected topics and discussion materials in front of the class in groups. This is done to provide opportunities for students to develop their writing skills, present papers and maintain/test students' understanding of various empirical experiences that occur both in various countries and at home. Topics to be discussed include world economic developments, macroeconomic balance models (IS-LM and AD-AS), expectations, macro policies both fiscal and monetary, economic growth, inter-island trade, inter-regional trade, studies of related central and regional regulations on inter-regional trade

Recommended or required

reading and other learning resources/tools

Krugman, P. R., Obstfeld, M., and Melitz, M. 2011. International economics. 9th Ed. Prentice Hall

James, J., Marsh, I. W., & Sarno, L 2012. Handbook of exchange rate. John Wiley & Sons

Grossman, G. M., and K. Rogoff. 1995. Handbook of international economics Vol. 3. 

Markusen, J. R., Melvin, J. R., Kaempfer, W. M., Maskus, K. 1994. International trade: Theory & Evidence

Planned learning activities and teaching methods

Lecture course, presentation and discussion, assignment

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project Paper