Prerequisites: ECON 205 and ECON 206 and ECON 306. Open to sophomores, juniors and seniors, or permission of the instructor. (First semester/3 credits)
This course examines the microeconomic aspects of the international economics. Economic theories are developed to rigorous analyze the issues in international trade, distribution of gains from trade, trade policy tools and their use, along with welfare effects of trade. Topics of current interest such as free trade and welfare, trade blocks and various development policies will be studied.