University of Liege | Version française
Academic year 2014-2015Value date : 1/10/2014
ECON2250-1  International economics

Duration :  24h Th
Number of credits :  
Advanced Master in Development, Environment and Communities (Réouverture de RHDEVE02), 1st year2
Advanced Master in Rural Economics and Sociology2
Master in Agricultural Bioengineering, Professional Focus, 2nd year2
Lecturer :  Philippe Lebailly
Language(s) of instruction :  
French language
Organisation and examination :  
Teaching in the first semester, review in January
Course contents :  
A. International trade theory
1. Comparative advantages
2. National accounting and the balance of payments
3. Exchange rates
B. International trade
1. Trade policy tools
2. Forward markets
3. Barriers to export growth
C. Trade terms
D. Globalization : the case of foodsector.
Learning outcomes of the course :  
To understand the role of the economy in international relations and to characterize the main agricultural markets.
After completing the course the student is expected to
Understand the place of the economy in the analysis of the international reports
Characterize the main markets of farm products
Understand the functioning of authorities and instruments of the international trade
Prerequisites and co-requisites/ Recommended optional programme components :  
-- EG101 - Political and social economics
Planned learning activities and teaching methods :  
Mode of delivery (face-to-face ; distance-learning) :  
Lectures : 8h Case studies : 8h Personal work : 8h
Recommended or required readings :  
1) Krugman (1996). La mondialisation n'est pas coupable : vertus et limites du libre-échange. La Découverte/Poche; 81. Essais.
2) Bigman (2002). Globalization and the Developing Countries : Emerging Strategies for Rural Development and Poverty Alleviation. Cabi Publishing.
3) Ataman Aksoy et Beghin (2005). Global agricultural Trade and Developing Countries. The World Bank.
Assessment methods and criteria :  
Written exam and oral presentation
Work placement(s) :  
Organizational remarks :  
Contacts :  
Lebailly Philippe, (Professeur Ordinaire)

Bât. GE Gembloux Agro-Bio Tech
Passage des Déportés 2
5030 Gembloux

+32 81 622361
Philippe.Lebailly@ulg.ac.be



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