International Economics

      This course aims to provide a highly focused discussion of topics in international economics, which comprises two separate subject areas—international trade relations and international monetary relations in ten modules. The international trade part commences with a detailed discussion of the theories of international trade, the applications of trade policies and regional economic integration. The topics included in the international monetary relations part are a discussion of balance of payments accounting, foreign exchange market, exchange rate determination, and exchange rate adjustments. The purpose of the course is to familiarize the student with the analytical tools that economists use to analyze international economic interactions. Students will acquire a comprehensive and systematic knowledge of the basic theories of international economics and the ability to apply economic theories and methods to analyzing international economic phenomena.