EC 408 - International Economics

3 Credit(s)

This course is the mixture of the concepts and practice in international economics and offers thorough insight regarding topics in international economics such as theories of absolute advantage and comparative advantage, factor pricing and terms of trade, protectionism including the use of tariffs and non-tariffs protection, balance of payment, and foreign exchange market. Students build a comprehensive understanding in the international trade and finance through working on theories and their applications and will be able to construct the analytical skills to help in reading and understanding issues in international economics. Finally, students apply the analytical skills to construct their own opinion on one of many current issues in international economics as a course paper.
Prerequisite(s): EC 101 and EC 202 or equivalent.