1. International Economics BW 4 – SoSe 2009 Welcome to Peter Schmidt schmidt-bremen.de -> Internat. Economics (BW)

2. WHY study ( International ) Economics ? What‘s it about ?

3. Environment Business

4. Contents nIntroduction (s) nObjectives nMaterial / Web page nTeamwork nAssessment nLet’s get started

5. Introductions... u Economics u Lecturer u Students

6. Economics & Statistics ZEW Zentrum für Europäische Wirtschaftsforschung - Mannheim Peter Schmidt Who am I market. research. culture markt. forschung. kultur Introduction I

7. Economics / social sciences = Society, people working together Econometrics / Statistics Research fields: Institute “Region & Trade” Cultural Economics: Impacts of large cultural events on regional Economy Market research for cultural institutions Regional Economic structure  Global development Regional Economics / Development of Urban Areas and City Centres Economic Dynamics / Firm Foundations Bremen Institute of empirical Research in Trade and Regional Economic Structure Introduction II market. research. culture markt. forschung. kultur

8. You... u are highly motivated students u have to carry your individual workload: u “Module Exercise” (Homework) u reviewing and preparation u online participation (Aulis) u will form teams for the class u every team is expected to deliver homework every week + one bigger presentation during the semester u are going to study the “10 principles of Economics” by Greg Mankiw -> Teamwork

9. We... u meet in the wwweb at: schmidt-bremen.de uco-operate online in AULIS:

10. Objectives nTo understand (remember:) the basic problems of Economies & basic objectives of Economics / government decisions nTo understand international / Global Economics from theoretical and political point of view nTo take different viewpoints (of “global players”) and balance their arguments

11. Material nschmidt-bremen.de  Internat. Economics (BW) nAULIS nCourse Material for download nTextbooks nInternet-Links

12. First teamwork: “10 Principles” of Economics by Greg Mankiw (group 1-5) “7 Pictures of the World Economy” by Horst Siebert (group 6) Please prepare on transparencies: Sum up each principle in your words Provide an own example Presentation by as many people as possible (roles, dialogues …) Introduction III

13. International Economics BW 4 – SoSe 2009 Let’s get started with …. Peter Schmidt schmidt-bremen.de -> Internat. Economics (BW)