International Economics

3 Credits

In trade (applied micro) graphical and mathematical analysis will be used to understand: why countries trade and the income-distributional effects; the gains from trade; the effects of government policies; and the reasons underlying the formation of trading blocs (e.g., TPP). In finance (applied macro) we will: examine the balance-of-payments accounts; develop international financial linkages (e.g., uncovered interest parity) and several exchange-rate models (e.g., the law of one price); and use models to understand macro policy-making in an open economy. Prerequisites: ( ECO 119 or ECO 229 ) and ECO 146 Attribute/Distribution: Q, SS