International Economics

International Economics
The CBL International Economics programme at Oriel College Oxford offers participants a number of academic programmes focusing on business and economic topics, including: Global Macroeconomics, Financial Crisis & Policy Response, Behavioural Economics, and other cutting-edge economic disciplines. Each session is two weeks, and extension options include up to ten weeks.

Additionally participants can attend to optional PPE courses, which are a great combination of Philosophy, Politics, and Economics, or choose topics focusing on International Law, Business & Legal English, and more.

If participants are seeking to extend their programme to include International Business & Management, we offer university programmes in Cambridge focusing on these areas. You can combine the two famous cities of Oxford and Cambridge in one academic summer programme.

About This Programme

Length You can attend for 2, 4, 6, 8, or even 10 weeks.
Available Dates Summer Session 1: 07 July – 20 July 2019
Summer Session 2: 21 July – 03 August 2019
Summer Session 3: 04 August – 17 August 2019
Summer Session 4: 18 August – 31 August 2019
Summer Session 5: 01 September – 14 September 2019
Lectures, Exams & Credits Delegates will participate in one course per week.

An assignment will be given during each course (one examination per week). Course examination results will be listed in your official academic transcript. Workload of Summer Institute at Oriel College Oxford is designed to be equivalent to:

– 6 ECTS (3 US credits) per two-week session
– 12 ECTS (6 US credits) per four-week session

Oriel College (University of Oxford, UK) will award for each delegate who successfully graduates from the programme with a Certificate of Attendance and Achievement and an Academic Transcript.

The Academic Transcript will also be presented and will contain the following information:

– Courses attended and chosen lecture track
– Results of the weekly examinations
– Workload of each course

Full Board Accommodation Single dormitory room with shared bathroom. Single ensuite room is available for additional 250 GBP each session.

The accommodation fee includes breakfast, lunch and dinner Monday to Friday. On weekends only breakfast will be served.

Fees Please see our fees & tuition.
Prerequisites This is an open enrolment course, we recommend applicants to have prior knowledge or strong interest in the subject/course they are enrolling in.
Additional Information In addition to lectures given, this course also includes various extra-curricular activities such as social events & leisure activities, and excursions to famous places and historical landmarks. Learn more about Programme Information.

Course Details

  • Summer Timetable
  • Overview
  • Course Description
  • Faculty
* Academic Programme Particulars: Each session is comprised of two weeks of tuition.
* Delegates are welcome to participate in multiple sessions. Each week, students will participate in a course of their choice in their preferred track.
* Each track offers courses in one academic discipline.
* It is possible for delegates to choose a course that is not in their track.
* As the beginning of the programme nears, enrolled delegates will be asked to select their courses.
* Delegates will be assigned to courses, subject to availability. While we are able to allocate most students to their preferred courses, on some occasions students will be allocated their second choice.
* Delegates are welcome to extend their stay by participanting in multiple sessions either in Oxford or our sister-programme Cambridge Summer Institute at Magdalene College, Cambridge.

For a typical week at Summer Institute, please click here.

Below is a draft schedule for Summer Institute at Oriel College (click to enlarge)

*Disclaimer* Changes to the course description, topics, programme structure, and schedules may occur due to the availability of faculty members at the actual time of the programme.

business-managementThe economics & business programme offers students and young professional from all over the world the wonderful exceptional opportunity to study abroad at Oriel College Oxford, a constituent college of Univeristy of Oxford. Our summer institute in this beautiful city focuses on the various cutting-edge topics of International Management, International Business, International Economics, International Business Law, Business and Legal English, as well as Political and Economic Philosophy.

All courses are taught by members of the University of Oxford (UK) or University of Cambridge (UK). Some courses offered will be also given by representatives of companies and institutions or professors and lecturers from other universities closely linked to Oxford or Cambridge.

CBL International also offers study abroad programmes in Cambridge (UK), and at Ivy League institutions in the USA so you can even combine Oxford, Cambridge, and the USA in your individual summer programme.

1. Global Macroeconomics

Financial Crises and Responses: This course will expose the banking systems and their involvement in the financial crises, utilising various examples to illustrate key concepts such as the credit crunch and its effects in the real economy in order to later translate into the sovereign debt crises in Europe. This course will also cover subjects such as the unconventional monetary policy and the banking system reform implemented as the result of the financial crises.

2. The Euro-Area Currency Crisis

Causes and Remedies: This course covers the recent economic developments in the European Monetary Union (EMU). We will begin by discussing the process of European monetary integration, including the 1992 crisis of the European Monetary System and the subsequent steps towards the creation of the European Central Bank (ECB) and the introduction of the Euro. We will then move to the recent crisis that started with the debt crisis in Greece and extended to the rest of the European periphery. Special attention will be devoted to the fundamental imbalances among the countries members of the monetary union. The course will devote ample space to the analysis of the unconventional measures adopted by the ECB and the national governments to deal with the crisis. We will conclude with a discussion of the reforms that are currently being implemented to make the EMU more resilient to future shocks.

3. Global Macroeconomics

The Economics of Big Health Challenges: This course will discuss and analyse the state of health in the world and the challenges of the next 20-50 years. In addition, delegates will learn how health financing will need to adapt to the challenges of an aging population. Case studies analysing pandemics, such as SARS, flu, and Ebola, will be looked at in detail to understand how these cross over into the financial market, looking at early warning, and response ideas.

4. Financial and Taxation

This course offers an in-depth understanding of international taxation, various aspects of taxation in cross border transactions, historical background of the OECD Model Tax Convention and how it has developed, basic scheme of the convention, role of commentaries, observations, and reservations.

5. Development Economics

Poverty, Inequality and Human Development: This course will give an overview of policy-related issues faced by developing countries from both theoretical and applied perspectives. Topics covered include economic development and economic growth; poverty and inequality; gender discrimination; governance and institutions; media and corruption; natural resources and development; and the effectiveness of foreign aid in assisting developing countries.

6. Behavioral Economics

Behavioural Biases in Human Decisions: The objectives of this course are to introduce students to the approach and methods of behavioural economics. Psychological and social factors play an important role in human behaviours and decision-making processes. Behavioural economics increase the explanatory power of economics by incorporating these factors in order to provide more realistic psychological foundations for economic analysis.

7. Critical Thinking

Students will learn how to identify and critique implicit claims in academic and journalistic writing, what characterises weak arguments and how to formulate strong ones, as well as how to interrogate visual arguments in video or photographic media. Critical thinking is the ability to think clearly and rationally about what to do or what to believe. Common topics include: understanding the logical connections between ideas, solving problems systematically, evaluating arguments, identifying mistakes in and the relevance of reasoning. Critical thinking should not be confused with being argumentative or critical of other people. Critical thinking allows us to acquire knowledge, improve our theories, and strengthen arguments. This has great importance in the context of enhancing work processes and improving social institutions.

8. Intercultural Communication

This course will look at key academic and practical topics involved in intercultural communication. Drawing on the fields of literary studies, linguistics, anthropology, ethnography, and cultural studies, delegates will analyse topics including, ‘Communicating between cultures’, ‘Translation’, ‘Verbal and Non-verbal Communication’, and ‘Cultures and Concepts’.

9. Research Methodology and Academic Writing

Students will acquire practical skills, including how to interpret essay questions, how to structure and reference an academic essay, as well as how to write with clarity, brevity and maximum impact. Significantly, delegates will acquire academic guidance on how to productively conduct research for an academic or professional essay/thesis/dissertation/report.

10. Business and Legal Communication

This course is designed to develop an individual’s confidence and ability to use English within a professional environment. Covering topics such as negotiation, business presentations, client communication, and self-communication, this course is an excellent preparation for future experience in the business or legal sectors of an English-speaking environment both with clients and about focus on the reading, writing, and listening skills of the English language in a business context. By being able to understand and use the business language, participants will be able to further their career in both their work quality and building relationships among colleagues and clients. This course will provide delegates the ability to communicate on an international level using precise and correct legal language. Upon completion of the course, participants will improve their confidence in explaining points of law, enhance their drafting and editing skills, and ultimately represent their organisation in a more effective manner.


For details please see our Faculty page:


Apply For This Programme

To apply for this programme, simply fill out our online application form. You can also download our PDF application form, fill it out, and email the completed form back to us.

Please send all completed application forms to If you have any questions regarding our application process, please feel free to contact us at anytime.

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