BECO403-INTERNATIONAL ECONOMICS (3Cr.:3Lec)

BECO403-INTERNATIONAL ECONOMICS (3Cr.:3Lec):

International economics deals with the economic interdependence among nation. It analyzes the flow of goods, services, and payments between a nation and the rest of the world. Specifically, international economics deals with international trade theory, international trade policy, the balance of payments and foreign exchange markets, and open –economy macroeconomics.

Topics include comparative advantage; the gains from trade; tariff and nontariff barriers to trade; case studies in international economic policy

Pre-req: BECO301-Intermediate Microeconomics + BECO302-Intermediate Macroeconomics.