ECO 532 INTERNATIONAL ECONOMICS

• Advanced treatment of the theories of international trade from classical to modern

• Comparative statics of trade with respect to changes in:

  • Tastes

  • Factor endowments

  • Technology

• Alternative theories of trade and growth in developing countries

Commercial Policy

• The free trade doctrine and arguments for restricted trade

• Theories of tariffs, quotas, and other trade restrictive devices

• Regional economic integration

• International trade institutions

• International economic co-operation

International Financial Relations

• Balance of international payments and the foreign exchange market

• The developing countries and the international monetary system (e.g., IMF)

Empirical/Current Issues

• Current issues in trade and other negotiations will form part of class discussions