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Course List

International Trade

  • Course Code :
    ECN 320
  • Level :
    Undergraduate
  • Course Hours :
    3.00 Hours
  • Department :
    Department of Management

Instructor information :

Area of Study :

Introduction to international macroeconomics and review and analysis of current international macroeconomic and financial issues, policies and events, including: interest rates, exchange rates and asset prices in the global economy; causes and consequences of trade deficits and external imbalances; emerging market economies financial crises; causes of currency, banking and financial crises; short- and long-term effects of monetary and fiscal policy; the drive to reform the international financial architecture; the debate on IMF and World Bank reform; emerging markets external debt and attempts to restructure it; and the globalization of financial markets. These topics are integrated into a theoretical framework that stresses international factors from the start. Examples from the US, Europe, Japan, China and emerging market economies are used to enhance knowledge of the world economy.

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International Trade

Introduction to international macroeconomics and review and analysis of current international macroeconomic and financial issues, policies and events, including: interest rates, exchange rates and asset prices in the global economy; causes and consequences of trade deficits and external imbalances; emerging market economies financial crises; causes of currency, banking and financial crises; short- and long-term effects of monetary and fiscal policy; the drive to reform the international financial architecture; the debate on IMF and World Bank reform; emerging markets external debt and attempts to restructure it; and the globalization of financial markets. These topics are integrated into a theoretical framework that stresses international factors from the start. Examples from the US, Europe, Japan, China and emerging market economies are used to enhance knowledge of the world economy..

For further information :

International Trade

Course outcomes:

a. Knowledge and Understanding:

1- Define the concepts of absolute, comparative advantages.
2- Define the different types of tariff and non tariff barriers to international trade.

b. Intellectual Skills:

1- Apply the theory they have learned to examine the history and current trade relationship and agreements between two or more nations with particular attention to the impact of the trade relationship on the poor.
2- Apply logical thinking to solve problems and case studies related to International Trade.
3- Explain the link between international trade and economic growth

c. Professional and Practical Skills:

1- Demonstrate an understanding of classical views of international trade. Classical theories consist of conditions for and implications of free trade.
2- Demonstrate the different types of trade barriers and arguments for protection.
3- Understand the arguments for protection of international trade.

d. General and Transferable Skills:

1- Assess problems.
2- Interact efficiently with others.

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International Trade

Course topics and contents:

Topic No. of hours Lecture Tutorial/Practical
Introduction to International Trade 4 3 1
Arguments for and against Trade Restrictions 4 3 1
2nd Mid Term 2 0 0
Preferential Trade Arrangements 4 3 1
Balance of Payment 4 3 1
Foreign Exchange Markets 4 3 1
Revision 4 3 1
Tools of Analysis for international Trade models 4 3 1
The Classical Model of international Trade 4 3 1
1st Mid Term 2 0 0
The Heckscher-Ohlin Model 4 3 1
Tariffs / The Economic Impacts of Tariffs 4 3 1
Non Tariff Barriers 4 3 1

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International Trade

Teaching And Learning Methodologies:

Teaching and learning methods
Data show and computer in lectures
Demonstration videos.
Group discussion
Self-learning
Practical.

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International Trade

Course Assessment :

Methods of assessment Relative weight % Week No. Assess What

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International Trade

Books:

Book Author Publisher
International Economics Steven Husted Prentice Hall

Course notes :

Handouts.

Web Sites :

http://www.myeconlab.com .

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