Economics
| ECON3401 | International Economics: Trade | 3 ch (3C) (EL) |
|---|---|---|
Dive into the theory of international trade. This course covers mercantilism, comparative advantage, and the gains from trade. Explore how factor endowments and industrial organization shape trade patterns and affect income distribution. Examine international capital and labor movements, analyze protectionism, and study the impact of trade agreements on economic development. This knowledge will equip students to analyze global economic policies. NOTE: ECON 3013 recommended. Prerequisites: 3 ch of first-year microeconomics (ECON 1001, or ECON 1013, or ECON 1014) and 3 ch of first-year macroeconomics (ECON 1002, or ECON 1023, or ECON 1024), or ECON 1073. | ||