ECO 593LEC - Topics Internatnl Econ

This course studies advanced topics in international economics, with a special emphasis on the applications of recent trade theory and policy to the current world economy. Topics to be emphasized include the new theories of trade with scale economy and imperfect competition, strategic commercial policies with tariffs, quotas, and voluntary trade restraints, the issues of unfair trade practices such as dumping and trade subsidies, formation of free trade areas such as NAFTA, regional economic integration such as the European Union, the balance-of-payments crisis, currency devaluation, the role of IMF, and the international policy coordination.

Credits: 3

Requisites: Prerequisites: ECO 505 and 507