SSC 364 International Economics

Content

International economics investigates the economic interrelation between different countries in a competitive setting. A review of trade theory includes Ricardian economics, the Heckscher-Ohlin mode of trade, the standard trade model, international trade and international factor movements. A study of international trade policy considers the instruments of trade policy and its applications in both developed and developing countries. The next part provides a broader survey of the exchange rate in an open economy. The course concludes with an investigation of international financial issues such as monetary union, optimum currency areas and the global capital market. Students are required to write a scientific paper.

Instructor

Dr. Alexei Karas

Period

Fall / 2010

Course Material

• Krugman & Obstfeld, International Economics: Theory & Policy, Prentice Hall (latest edition)

Additional Prerequisites

Any 200-level in Economics