Deals with the mechanisms of international trade and finance. Topics covered include the theory of trade, commercial policy, the international monetary system, the balance of payments adjustments process, regional economic integration, and the role of international organizations in international economic relations.
Code
EC2030
Name
INTRO TO INTERNATIONAL ECON. RELATIONS
Credits
4
Pre-requisites
EC2010GE110 OR EC2010 AND EC2020 OR EC2020GE110
Co-requisites
None
Can be taken twice for credit?
No
Discipline
EC (Economics)
Level
Undergraduate
Type
Regular
CAMS ID
2711
Last update with CAMS
Demostrate how specialization and trade take place and how the gains from trade are distributed between the trade partners.
Identify trade theories that are based on perfect or imperfect competition.
Assess policies that limit trade and the associated effects on consumers and producers.
Discuss exchange rate determination and fluctuation as driven by demand and supply.
Recognize the elements of the balance of payments and the principles of BoP accounting.
Term Code Name
Spring 2021 EC2030 INTRO TO INTERNATIONAL ECON. RELATIONS