Applied international econmoics: international trade, foreign direct investments and enterprises 2400-PL3SL291A
Aim of the Seminar
This seminar is designed as a capstone experience where participants apply the theoretical knowledge and analytical skills gained during their economic studies to pressing issues in the world economy today. The emphasis is on bridging micro- and macroeconomic perspectives, using advanced empirical and modeling techniques to evaluate real-world policy questions.
Students will be encouraged to:
• Integrate firm-level data (e.g., Amadeus dataset for EU enterprises) with macro-level indicators.
• Employ quantitative tools such as econometric models, computable general equilibrium (CGE) models, and international trade frameworks.
• Conduct policy-relevant analysis that highlights both winners and losers of economic change.
• Explore the interplay of globalization, technology, climate, and geopolitics in shaping economic outcomes.
The theses produced in this seminar should not only demonstrate technical rigor but also provide insights into contemporary debates on trade, growth, inequality, and sustainability.
Example topics:
Trade and Globalization
• Effects of economic integration and disintegration
• Barriers in services trade
• Estimation of non-tariff barriers in merchandise trade
• The impact of new U.S. and EU tariffs on global supply chains
• Reshoring and “de-risking” strategies: implications for EU competitiveness
Firms, Investment, and Productivity
• Foreign direct investment and its role in enterprise productivity.
• Firm-level resilience in EU supply chains under geopolitical fragmentation.
Climate, Energy, and Sustainability
• Distributional effects of the EU climate and energy package.
• Carbon border adjustment mechanisms (CBAM) and their impact on trade flows.
• Carbon border adjustment mechanisms (CBAM) and global trade flows
• Winners and losers of the green energy transition in Europe
• The economics of critical minerals (lithium, cobalt, rare earths) in the energy transition
summer semester:
Estimated student workload: 11 ECTS x 25 hours = 275 hours
(C) -
contact hours (S) - independent study hours
seminar (consultations): 30h (K) 0h (S)
independent study: 0h (K) 245h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
Total: 30h (K) + 245h (S) = 275h
winter semester:
Estimated student workload: 3ECTS x 25h = 75h
(K) - contact hours (S) - independent study hours
seminar (consultations): 20h (K) 0h (S)
independent study: 0h (K) 55h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
: h (K) h (S)
Total: 20h (K) + 55h (S) = 75h
Type of course
Course coordinators
Learning outcomes
1. Students understand that economics can be applied to real economic and social issues and that the analysis can be performed using economic models
2. Students can interpret reality based on economic models and they are able to combine the micro and macro view.
3. Students are able to undertake employment in entreprises or public organizations that deal with design and assessment of economic policy
4. Students are able to formulate and present their views based on their knowledge and engage in discussion concerning these views.
5. Students are able to fulfill their duties and plan the work schedule on their own.
KW01, KW02, KW03, KU01, KU02, KU03, KK01, KK02, KK03
Assessment criteria
Students are graded upon the preparation of the thesis concept (semester 1) and completion of the thesis (semester 2)
Bibliography
Depending on the topic.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: