Course content

Spesialization and factor prices, international and domestic sectors, international trade, factor movements, movement of capital, clusters, etc. Students are required to deliver a written thesis analyzing a sector of choice.

Learning outcome

Knowledge:

• Understanding the theory of international trade and the structure of a small open economy

Skills:

• Be able to apply the theory in pratical analysis

Competence:

• Able to fit the theory into a broader economic and social context. Able to accumulate further knowledge of the realm of Næringsøkonomi.

Learning methods and activities

Lectures, exercises, workshops, guest lecturers from industry and academia, and student written thesis analyzing industry of choice. All material will be available on Blackboard. Blackboard will be used extensively, sharing information with students. Details concerning compulsory group written thesis and student presentation/oral exam will be communicated upon course start. Students must present and defend written thesis, and will be subject to oral exam covering theory from text book and lectures.

Recommended previous knowledge

Microeconomics

Course materials

Compulsory: Textbook will be announced prior to commencement of course.