- General information
Name: International economics
Code: 61IFIS3INE
Compulsory subject: 61IFIS2MAC, 61IFIS2MIC
Credit: 3
Course length: 150 hours
- Content description
In these days, global relationships are increasingly enhanced in all aspects including economics, politics and society. The study of International Economics is extremely important in the 21st century – the period of closely linked nations through trade in goods and services, capital exchange and investment cooperation.
In order to make the best use of development opportunities in the context of globalization, the state apparatus should adopt appropriate policies as well as enterprises must be able to make early assessments of the economic and financial opportunities and risks. Therefore, the analysis of the operation of the national economy in the global context and its evolution are the concerns of all policy makers, economists and international trade enterprises.
- Objectives of the subject
At the end of the course, students may:
– Understand the fundamentals of the international economic system, economic practices of nations in general and international links in particular, as a theoretical basis for studying economic management subjects;
– Understand the impact of fiscal and monetary policies on the functioning of global economies and economies;
– Understand the new trends in international economic relations and the reasons for these trends;
– Research and apply modern theories on exchange rates to forecast and prevent exchange rate risks;
– Evaluate and analyze the characteristics and causes of monetary crises and other specialized issues related to the international financial sector.
– After completing the course, students are able to apply new and advanced knowledge and old but valuable concepts in the real world and in Vietnam;
– Students are likely to be aware of the importance of strategic thinking on issues related to the exchange of goods and services, investment, currency exchange, international economic linkages.
