Study programmes / C-EM Economics and Management / International Trade
Course code:MOB
Course title in language of instruction:Mezinárodní obchod
Course title in Czech:Mezinárodní obchod
Course title in English:International Trade
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/1; part-time, 16/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:master continuing
Semester:WS 2018/2019 - FBE
Name of lecturer:doc. Ing. Lea Kubíčková, Ph.D. (supervisor)
Ing. Marcel Ševela, Ph.D. (examiner, instructor, lecturer)
Ing. Lucie Veselá, Ph.D. (examiner, instructor)
Ing. Marek Záboj, Ph.D. (examiner, instructor)
Prerequisites:Final Bachelor Exam
 
Aims of the course:To explain the importance of international trade, the role of international, economical and political institutions in the process of development of trade relationships and principles of international trading policy. Increase student's knowledge of the concepts and tools of foreign trade policy. To acquaint students with the legal aspects of doing business in foreign markets, the specifics of international transport, specific characteristics of the instruments for financing foreign trade transactions and with the risks of international trading.
Course contents:
1.The International trade and world economics (allowance 4/2)
2.Theories of international trade (allowance 4/2)
3.International trade policy (allowance 6/2)
 
a.International trade policy and its impacts on trading subjects
b.Importance and position of international trade institutions
c.Bilateral and multilateral tools of international trade
d.Barriers to international trade, promotion of exports

4.Aspects of foreign-trade operations (allowance 10/6)
 
a.Introduction to the international private and public law
b.International trade law
c.Contractual relations in international trade
d.Financial, insurance and logistic operations in international trade
e.Customs operation

5.Common trade policy of the EC (allowance 4/2)

Learning outcomes and competences:
Generic competences:
 
-ability to apply knowledge
-ability to understand foreign cultures and customes
-ability to work in international context
-professional knowledge
-spirit of enterprise

Specific competences:
 
-Student can describe the government's approach to foreign trade policy
-Student can work with the customs tariff for the purposes of customs control
-Students can describe the contractual and financial relations in foreign trade operations.
-Students can evaluate the cost of foreign trade operations

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Necessary condition of credit for full-time students is processing of seminary project and successful completion of written test. The groups of students process actual international trade topic, which demonstrate understanding of the theory. The topic is processed in parallel to two groups, each presenting the opposite point in the approach or solution to the problem. Subsequently, the groups are presenting their views and discuss the topic. The basis for assessment is the presentation of the problem discussion and submitted resume of the project. Seminar project is evaluated by a maximum of 30 points. Credit test is rated max. 20 points, students must demonstrate the ability to apply theoretical knowledge to solve the problems of international trade operations. Credit is granted to students who receive in total more than 30 points.

Condition of credit for students of combined form is also processing of the seminary project. Students will select and process some of the actual offered topics. The project must be submitted in writing and will be evaluated by a maximum of 30 points. The evaluation emphasizes the analysis and reasoning of the problem.

 The exam test for full-time and combined study has a written and an oral part. The written exam student can receive a maximum of 50 points. To pass the written exam, the student must receive at least 30 points. The final evaluation of the course is based on the sum of points earned for credit and for exam test.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h16 h
     practice14 h0 h
     consultation8 h24 h
Self-study
     preparation for exam40 h50 h
     preparation for regular testing20 h0 h
     elaboration and execution of projects0 h20 h
     writing of seminar paper30 h30 h
Total140 h140 h

Basic reading list
  • CIHELKOVÁ, E. et al. Světová ekonomika: obecné trendy rozvoje = World economy : general trends in its development. 1st ed. Praha: C.H. Beck, 2009. 273 p. Beckova edice ekonomie. ISBN 978-80-7400-155-0.
  • KALÍNSKÁ, E. et al. Mezinárodní obchod v 21. století. 1st ed. Praha: Grada, 2010. 228 p. Expert. ISBN 978-80-247-3396-8.
  • NEUMANN, P. -- ŽAMBERSKÝ, P. -- JIRÁNKOVÁ, M. Mezinárodní ekonomie. 1st ed. Praha: Grada, 2010. 159 p. Expert. ISBN 978-80-247-3276-3.
  • PEPRNÝ, A. -- STEJSKAL, L. Mezinárodní obchod. 1st ed. 148 p. ISBN 978-80-7375-541-6.
  • KRUGMAN, P R. -- OBSTFELD, M. -- MELITZ, M J. International economics : theory & policy. 9th ed. Boston, Mass. [u.a.]: Pearson, 2012. 731 p. ISBN 978-0-273-75409-1.
  • SVATOŠ, M. et al. Zahraniční obchod: teorie a praxe. 1st ed. Praha: Grada, 2009. 367 p. Expert. ISBN 978-80-247-2708-0.
Recommended reading list
  • GRIFFIN, R W. -- PUSTAY, M W. International business : A Managerial Perspective. 2nd ed. Reading: Addison Wesley, 1998. 32 p. ISBN 0-201-85767-7.
  • JANATKA, F. Obchod v rámci Evropské unie. Praha: ASPI, 2004. 295 p. ISBN 80-7357-006-8.
  • MACHKOVÁ, H. -- ČERNOHLÁVKOVÁ, E. -- SATO, A. et al. Mezinárodní obchodní operace. 5th ed. Praha: Grada, 2010. 240 p. ISBN 978-80-247-3237-4.
  • ROZEHNALOVÁ, N. Právo mezinárodního obchodu. 3rd ed. Praha: Wolters Kluwer Česká republika, 2010. 549 p. ISBN 978-80-7357-562-5.