- Course Code :
ECO 203
- Level :
Undergraduate
- Course Hours :
3.00
Hours
- Department :
Department of Political Mass Media
Instructor information :
Area of Study :
This course aims at introducing students with international economics topics, starting with major theories related to International trade like absolute and comparative advantage, to Heckscher–Ohlin trade theory all the way to competitive advantage. It presents the idea of the Balance of Payments. The course also identifies different types of trade barriers and different forms of economic integration. It highlights the most prominent trade agreements. It introduces students to trade related international organizations. In addition, it explores the history and evolution of the International Monetary system and shed the light on the foreign Exchange market.
Course Goals:
•Acquaint students with a deep understanding of the basis of trade between countries.
•Introduce students to different trade related theories.
•Teach students the most important trade agreements.
•Explain the students with the stages of economic integration.
•Familiarize the students with the foreign exchange market
•Introduce the concept of the Balance of Payments and how it can run a deficit.
•Identify the progress the International Monetary system has undergone.
For further information :
This course deals with the theories of international trade, emphasizing on the law of comparative advantage as well as competitive advantage, illustrating the major trade restrictions (tariff and non-tariff barriers). The course demonstrates the evolution of the international monetary system, the concept of the balance of payments and its components, as well as different exchange rate regimes. It also highlights the steps of economic integration giving examples of regional integrations.
For further information :
Books:
Periodicals :
1.Luís Carvalho and Aurora A. C. Teixeira, Where are the poor in International Economics?, FEP Working Papers, No. 425 , September 2011.
For further information :