Course unit title

Trade Economy

Course unit code

EKI602

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

Second cycle Master

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

After taking this course students are able to:

Students are expected to be able to analyze 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 practice in developing countries from the perspective of increasing trade volume, competitiveness. Trade and other aspects related to trade policy 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) using LCD, White Board, problem set, 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 intenational trade policy. This is done 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. It aims to provide opportunities for students to develop writing skills, present papers and maintain/test students’ understanding of various empirical experiences that occur both in various countries and within the country. The topic 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, study of central and regional regulations related to inter-regional trade.

Recommended or required

reading and other learning resources/tools

  1. Krugman, P. R., Obstfeld, M., and Melitz, M. 2011. International economics. 9th Ed. Prentice Hall
  2. James, J., Marsh, I. W., & Sarno, L 2012. Handbook of exchange rate. John Wiley & Sons
  3. Grossman, G. M., and K. Rogoff. 1995. Handbook of international economics Vol. 3. 
  4. Markusen, J. R., Melvin, J. R., Kaempfer, W. M., Maskus, K. 1994. International trade: Theory & Evidence

Planned learning activities and teaching methods

Teaching (Classical Method), Discussion, Paper, and case/problem-based method.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Project / Paper (100%)