International Trade: Theory and Policy
Course features
Compulsory Course
Credits : 5
RE&D Department
Lecture Hours : 5
Lab Hours : 0
Autumn Semester
Teacher
Professor
His academic and professional interests are in the areas of general equilibrium models, social account matrices, income distribution, Inequality and Poverty, Migration, Consumer Prices and International Competitiveness.
Course Content
On completion of this course the student will be capable of:
- Analysing the international trade (and use basic terms)
- Understanding the meaning of comparative advantage
- Analysing the role of National Policies and how do they enlarge or narrow the implications/impact of international trade
- Understanding and analyzing the role of import tariffs and of quantitative restrictions on imports as well as the significance of international cartels
- Describing the basic trends and figures in the national current accounts and trade balance
- Connecting fiscal deficits/surplus to trade and current account’s deficit/surplus
- Analysing the exchange market rates and the foreign exchange market