114-0513/02 – International Economy (IE)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorprof. Dr. Ing. Jan LibichSubject version guarantorprof. Dr. Ing. Jan Libich
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction2017/2018Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
LIB009 prof. Dr. Ing. Jan Libich
LOK02 Ing. Aleš Lokaj, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

Subject aims expressed by acquired skills and competences

Describe basic attributes of world economy Discuss comodity and energy sources of the world Explain elementary causes of international trade and its forms Classify the forms of international production factors movement Describe the system of international organisations Clarify globalisation and integration processes

Teaching methods



Explanation of theories of international economics and its application on the essential problems in world economy development.

Compulsory literature:

Krugman, P.; Obstfeld M.; Melitz M.: International Economics, Pearson Addison-Wesley, 9th edition, 2011 ISBN 978-0273754091

Recommended literature:

Lawler, k. - Seddighi, H.: International Economics: Theories, Themes and Debates. Harlow, GB: Financial Times Prentice Hall, 2001 Obstfeld, M. - Rogoff, K.: Foundations of International Macroeconomics. MIT Press, 1996

Way of continuous check of knowledge in the course of semester


Other requirements

Study of recommended literature.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1st Introduction to the study. Determination of conditions of course. Analysis literature. 2nd Characteristics of the global economy. Socio-economic and teritorial division of the world - developed and developing countries. Developing World economy and its stage. 3rd The role of energy resources in the development of world economy (oil, natural gas, coal, nuclear, renewables). 4th Globalization trends in the global economy. Social and economic problems - environmental, political relations, international economic contradictions. 5th Introduction to the theory of international trade. Causes of world trade. Development trends in world trade. The territorial and commodity structure. 6th Theory of balance of payments. Balance of payments 7th World capital movements, theory and practice. International capital and economy. World center of capital exports. World Center of import of capital. 8th Transnational corporations and their importance in the global economy. Development multinational corporations. The mechanism of the functioning of multinational corporations. 9th The world labor movement, theory and practice. Trends migration, both developed and developing countries and labor migration. 10th International organizations and world economy. Organizations within the UN regional economic organizations, other economic organizations. 11th Theory of international integration. Basic theory of economic integration. Special integration processes in developed and developing countries. 12th Small economy and globalization. International institutions. Possible development strategy. 13th Conclusion: Development of a written cloister as a basis for credit.

Conditions for subject completion

Full-time form (validity from: 2017/2018 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  18
        Examination Examination 70  10
Mandatory attendence parzicipation: not specified

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2019/2020 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan
2018/2019 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan
2017/2018 (N6202) Economic Policy and Administration (6202T027) National Economy P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner