Description: This course provides a presentation of the international economic theory with an emphasis on current applications, issues and policy questions. The course highlights five themes that are widely discussed by the news media: (1) globalization of economic activity; (2) free trade and "quality of life" issues; (3) trade conflicts between developing nations and industrial nations; (4) liberalizing trade- the WTO versus regional trading arrangements; and (5) the dollar as a key currency. The relevance of theory will be demonstrated in the course through real-world economic issues. The material will be covered through verbal presentations assisted by graphical methods and media resources, making it highly accessible to students with little economics background.
|