ECON 3400 INTERNATIONAL ECONOMICS
Familiarize students with international trade for goods, resources, services and capital. Discussion concentrates on the Ricardian model of comparative advantages, gains from international trade, the rationale of protectionism, and the factor price equalization models. Understand foreign exchange determination, the effects of stabilization policies on the Balance of Payments, and the realization of macroeconomic equilibria among trading partners.
Prerequisite
ECON*1020 and ECON*1021