| Inst. for Økonomi, Skov og Landskab (2003/2004) | |||||||||||||
| Tidligst mulig placering | |||||||||||||
| Varighed | 1 semester | ||||||||||||
| Pointværdi | 12 (ECTS) | ||||||||||||
| Kursustype | Kandidatkursus | ||||||||||||
| Eksamen | skriftlig prøve med hjælpemidler Beskrivelse af eksamen: 13-skala, ekstern censur Eksamensdatoer: 4 hours written exam and a written paper. | ||||||||||||
| Rammer for undervisning | Lectures 1 1/2 modul pr week Lectures in F4 only taught fridays | ||||||||||||
| Blokplacering | F3, spring F4, spring | ||||||||||||
| Undervisningssprog | Engelsk med note om undervisning på dansk | ||||||||||||
| Anbefalede forudsætninger | 095251 Mikroøkonomi 096821 Jordbrugspolitisk analyse | ||||||||||||
| Kursets målsætning | |||||||||||||
| The objective of this course is to give the students a profound knowledge of the WTO-system and other trading arrangements on the one side and the international monetary cooperation on the other side. After having followed the course the students know how different trade interventions work and how the different foreign currency regimes influence the economies and the trading in agricultural products. | |||||||||||||
| Kursusindhold | |||||||||||||
| The course is a macroeconomic course describing and analysing the international trading systems and the international currency systems. How have they developed? How are they working today and what are the economic consequences of the different systems especially for the agricultural sector? The course is divided into two parts one dealing with the real economy (trade and trade related topics) and the monetary economy dealing with foreign exchange rate topics.The part of the course dealing with the real economy starts by analysing how different trade and agricultural intervention measures influence the economy and the agricultural sector. Then it is studied how different economic goals in the agricultural sector are influenced by the use of different trade instruments. The development of the multilateral trading system (GATT) is described and the obtained economic results are evaluated. The present WTO system is analysed especially in relation to the agricultural sector and the future reform possibilities are discussed. Regional trading arrangements such as the EU are treated. Trade preferences have also been offered especially to the developing countries and the economic consequences of these arrangements are dealt with. Different models show how different trading regimes for the agricultural sector influence the overall economic development. The results of different empirical trade models for agricultural products are discussed.In the monetary part of the course different currency systems are described and analysed. At present there are different systems such as a currency union (EU-12), pegged exchange rates (Denmark) and floating exchange rates (USA, EU-12 and Japan). What are the advantages and disadvantages of the different systems? The analyses are based on models showing how the foreign exchange may develop in the short and the long term and on models showing how economic policy works under different foreign exchange regimes. | |||||||||||||
| Undervisningsform | |||||||||||||
| The course is based on independent studies and active participation by the students. After having chosen a topic, each student writes a paper which should be delivered atthe end of the course. The teaching topics may, according to the choice of the students, vary from year to year. | |||||||||||||
| Litteraturhenvisninger | |||||||||||||
| Søren Kjeldsen-Kragh: International Trade Policy, Copenhagen 2001.Paul de Gauwe: International Money, Oxford 1996.Further course material will be provided. | |||||||||||||
| Kursusansvarlig | |||||||||||||
| Søren Kjeldsen-Kragh, skk@life.ku.dk, Fødevareøkonomisk Institut/Afdeling for International Økonomi og Politik, Tlf: 3528 Error. Person Not Found | |||||||||||||
| Studienævn | |||||||||||||
| Studienævn AHJ | |||||||||||||
| Kursusbeskrivelsesomfang | |||||||||||||
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