ECO 314 INTERNATIONAL TRADE AND FINANCE

This course focuses on how policies implemented by a country, both in trade and finance, influence its welfare at home and abroad. Topics in trade include specialization and gains from trade; determinants of trade patterns; the role of increased globalization on a nation's competitiveness and its distribution of income; the political economy of protectionism at the national, regional (NAFTA, EU) and international (WTO) levels; and the use of trade policies to influence development and growth. Topics in finance include balance on international payments, the foreign exchange market, the economic policy adjustments under fixed and flexible exchange rates, and focuses on the problems of international finance and international investments across countries.

Credits

4 sh

Prerequisite

ECO 111

Course Types

Society; Advanced Studies; Business Elective; IGS: Global Studies Area, Global Political Economy; German Studies Elective; Applied Macroeconomics.

Offered

Offered fall and spring.

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