International Economics

 

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International Economics

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Summary lecture 2, Global Business History

Lecture 2: Second industrial revolution, between 1870-1913, also first wave of globalization. US, Russia and Japan were leaders in average percentage growth. When we look at the GPD but not divided by the population, we see that the United States is becoming a global leader, but the Netherlands is l...

Summary lecture 5, Emperical research project for IB

Lecture 5:

  1. Ouliers: Data point that does not follow the general trend of the data (extreme value)

What does happen if we run the regression anyway?

  • The fit of the model can change
  • The regression may be titled
  • You can remove an outlier

How ca...

Summary lecture 3, Global Business History

Lecture 3: Both the US and the Europe where growing during the 1870-2010. But there are irregularities. During the 2nd world war, the economy of the Europe did fall. After the first world war, Germany was in serious economic trouble, resulting in hyperinflation. During the republic it recovered a bi...

Summary lecture 6, Emperical research project for IB

Lecture 6: Moderation: the relationship between x and y depends on a third variable z, z is than the moderation. In a regression multiplicative interaction term between the predictor x and the moderator z. For making hypothesis: effects become stronger, weaker or change direction. Moderation: statis...

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EU Business School

Established in 1973, EU Business School (formely known as European University, Center for Management Studies) is an international, accredited, high-ranking business school with campuses in Barcelona, Geneva and Munich. You can also study at their Digital Campus.

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SPOTLIGHT & FAVORITES

SPOTLIGHT
What is international economics?

International economics delves into the economic interactions and relationships that transcend national borders. It examines how countries trade goods and services, invest in each other's economies, and manage their currencies in a globalized world. Here's a breakdown of this dynamic field: What ...

FAVORITES
The Economics of European Integration (Baldwin & Wyplosz)
  • Chapter 1: Essential Macroeconomic Tools
  • Chapter 2: The Exchange Rate of Europe
  • Chapter 3: Theory of the Optimum Currency Area
  • Chapter 4: The European Monetary Union
  • Chapter 5: The Stability and Growth Pact
  • Chapter 6: The Financial Market
  • ...
Summary lecture 2, Emperical research project for IB

Lecture 2: Measurement levels:

  • Nominal:  number only tells the category and there is no ranking (no logical order) there is also no difference between the values (Can be changed to binary and dummy variables)
  • Ordinal: Ordered categories, but no equal distance
  • Int...

Summary lecture 6, introduction to IB

Lecture 6: Video 12: Bartlet and Ghoshal key question: How much autonomy should subsidiaries get. Next question: How can an subsidiary not only be a competitive weapon in the market, but also contribute to entire MNE in other markets. Traditional role of production subsidiaries: cheap production, n...

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