International Economics

This course provides an introduction to basic theories of foreign trade and international investments, as well as basic theories of trade policy. The first part of the course focuses on the motivations for international trade and the consequences of international trade for national economies. The second part of the course focuses on the effects of such politically-determined instruments of trade as tariffs, import quotas and export subsidies. The final part of the course will focus on international trade agreements, and especially on the trade liberalisation that has occurred within the framework of multilateral agreements such as GATT/WTO. This course is especially suited to students with an interest in working within international organisations, public administration with international ties, or as analysts within international corporations.