SØK3525 - International Economics


Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 6 hours C

Course content

The course offers advanced analyses of trade issues and covers some economic challenges for a small open economy. New topics within international trade as well as economic geography are central in the course.

Learning outcome

You learn
- theoretical models for different reasons for international trade
- possible connections between factor endowments and international trade
- how trade between poor and rich countries emerge, and what the consequences of such trade are
- models of new economic geography and clusters of economic activity
- conduct empirical tests of different hypothesis within international trade

You should be able to
- understand and explain different reasons of international trade
- discuss potential advantages and disadvantages of international trade
- analyze how rich and poor countries may be differently affected by international trade
- analyze what determines the location of firms and what consequences such location decisions may have on regions and countries
- develop empirical tests of different hypothesis of international trade

General competence
You should be able to
- read and understand reports and research articles dealing with issues discussed in the course
- use the content of the course in your own academic work like your master thesis

Learning methods and activities

4 hours of lectures every week. Compulsory activity: Approved term paper(s)/ exercise(s). Specific requirements will be announced at the beginning of the term. The course is an optional master's course, and is not taught every autumn semester. Check Students enrolled in ISØ's master programs can take the course any semester.

Compulsory assignments

  • Approved term paper(s)/exercise(s)

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Financial Economics (MFINØK)

Required previous knowledge


Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From To
SØK3509 15.0 01.09.2007
SØK8625 10.0 01.09.2010
More on the course



Version: 1
Credits:  15.0 SP
Study level: Second degree level


Term no.: 1
Teaching semester:  SPRING 2021

No.of lecture hours: 4

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics



Examination arrangement: Written examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Spring ORD Written examination 100/100 C
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU