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Economics 450: International Economics
American Business School Paris
Paris, France
Subject Area(s) |
Level(s) |
Instruction in |
Credits |
Contact Hours |
Prerequisites |
Economics
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400
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English
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3
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45
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Economics 110 (Macroeconomics) or equivalent; Economics 120 (Microeconomics) or equivalent
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The first part of the course examines classical and modern international economic theory. The second half will apply the theoretical framework to current world international trade issues such as fiscal and monetary policy, exchange rate systems and the international monetary system.
INSTRUCTIONAL METHODOLOGY : The course consists of class lectures, individual/group presentations on various assignments. Will be covered in class :
- Introduction : Theory of Comparative Advantage - International Trade & Equilibrium - Factor Endowments, Complementary Trade - Trade Restrictions - Economic Integration : Customs Unions - International Trade & Economic Development - International Resource Movements / Mutilnationals - Foreign Exchange - Balance of Payments - Price Adjustment Mechanism - Income Adjustment Mechanism - International Monetary System
TEXT : International Economics, James Gerber, 3rd Edition, 2005
EVALUATION : The final grade will be made up of a class participation (20%), two mid-term tests(20% each) and the final examination (40%).
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