ECON 323 - International Economics

★ 3 (fi 6)(EITHER, 3-0-0)

A survey of the principles of international economics and the applications to economic policy. Topics include international trade in goods and financial assets, trade policy and exchange rate determination. Prerequisites: ECON 109 and ECON 281. Note: Not open to students with credit in or enrolled in ECON 421 or 422.

ECON 421 - International Trade

★ 3 (fi 6)(EITHER, 3-0-0)

Nature and relevance of international trade; early trade doctrines; the theory of comparative advantage, classical and modern approaches and empirical evidence for them; new approaches to the pure theory of international trade; economic growth and international trade; market imperfections and trade; commercial policy; economic integration and the gains from trade. Prerequisites: ECON 109, ECON 281 and MATH 156 or equivalent.