Course Syllabus

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Semester & Location:

Fall 2023 - DIS Copenhagen

Type & Credits:

Core Course - 3 credits

Core Course Study Tours:

Western Denmark (short tour)  / Bratislava & Vienna (long tour)

Major Disciplines:

Economics, Finance, Politics, International Relations


One course in intermediate or advanced micro- or macroeconomics at university level.

Faculty Members:
Holger Sandte & Lavanyan Thedchanamoorthy.
To get in touch, current students please use the canvas inbox.
Time & Place:

Mondays & Thursdays: 14:50-16:10 

Classroom: FI6-Metro 104

Course Description

This course aims at enhancing your understanding of globalization by encompassing various and unique topics:

  • Globalization - we will delve into what globalization is and its associated consequences. We will also explore recent trends such as Deglobalization, while investigating Denmark's position within the global economy.
  • European Economic and Political Integration - This segment will cover the goals, institutions, and policies of the European Union, shedding light on the process of integration within the region.
  • Export Finance - This module will highlight the significance of export finance within the context of international trade. Particular focus will be on evaluating the political and economic landscape of a country through a country risk analysis. We will explore how such analyses determine a coutry's appeal to exporters.

The course aims to actively engage students and facilitate their learning in an interactive and stimulating manner. In addition to conventional lectures, we will utilize various approaches, including field trips, interactions with guest speakers, collaborative group assignments, simulated negotiations, and educational excursions. Facilitating dialogue between students and instructors is a significant aspect of the course, fostering a space for critical reflection on the topics under discussion.

Learning Objectives

After completing this course, students should be able to:

  • Explain and discuss the forces driving international trade and (de-)globalization
  • Understand key aspects of European Integration and the institutions of the European Union.
  • Discuss the pros and cons of associated with advancing European integration
  • Understand and evaluate the special circumstances relevant to Eastern European countries.
  • Understands the basics of export finance principles. 
  • Apply economic theory to evaluate a country's risk long-term risk.


You will have two teachers who roughly share the course 50/50. 

Lavanyan Thedchanamoorthy (L) is an economist and External Faculty at DIS. He works for EIFO, Denmark's Export and Investment Fund as a country, bank and sector risk analyst covering Sub-Saharan Africa. He has previously worked as an economist with the Statistical Bureau of Denmark and as a lecturer in macroeconomics and statistics. 

Holger Sandte (H) is an economist and External Faculty at DIS. He works for EIFO, Denmark's Export and Investment Fund as a country, bank and sector risk analyst covering Europe. Before, he worked as a bank economist in  Germany and Denmark, then for the Danish Ministry of Finance. Holger studied Economics and languages in Germany and France, where he had this study-abroad experience. MSc 1993, PhD 1998 with a thesis on whether moderate inflation harms economic growth. Answer: mostly not, but it depends.  Teaching at DIS since 2019.  

Course Requirements

This is an upper level economics class and requires that you have taken one semester each of micro- and macroeconomics at university level. Additionally, you must have taken one course in either intermediate or advanced macroeconomics.

Grading: see the table to the right.

We expect youto  attend all classes and to be well prepared for class. The Canvas calendar contains the information you need for your preparation. The calendar also shows, which of your teachers will be present (L or H or both). If you can't come to class, we expect you to inform your teacher ahead of class. 

Please note: The use of electronic devices in class is allowed ONLY for class-related purposes like taking notes or searching information.


You will be provided with readings for most of the classes. For background reading we recommend: 

Given the topic’s rapid development and to keep discussions as relevant as possible, articles, papers, blogs, videos etc. will be uploaded as supplementary information sources.


Academic Regulations  

Please make sure to read the Academic Regulations on the DIS website. There you will find regulations on: 

On the use of AI tools: 

In this course, students are permitted to use AI tools, such as Chat GPT, for their academic tasks. However, be critical and acknowledge academic integrity by citing all usage of these tools in your work. Remember that your papers, presentations etc. always have to written by you, not by some AI tool. This follows the DIS Academic Honor Code that clearly states: “Submit your own work and never allow others (including Chat GPT or other AI) to write any part of your papers or exams.“ The information provided by AI tools can provide beneficial input for your tasks, but can never be your output


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Course Summary:

Date Details Due