International Economics Management

All necessary reference material required to prepare for this course such as recommended reference books and other study material will be available in your student's area. To complete the program you will be required to pass an online exam for all following topics covered in this course.

Topics Covered in This Course:

In Section 1 of this course you will cover these topics:

Introduction.

World trade: an overview.

In Section 2 of this course you will cover these topics:

Labor productivity and comparative advantage: the ricardian model.

Resources, comparative advantage, and income distribution.

In Section 3 of this exam you will be evaluated on below listed topics:

The standard trade model.

Economies of scale, imperfect competition, and international trade.

International factor movements.

The instruments of trade policy.

In Section 4 of this course you will cover these topics:

The political economy of trade policy.

Trade policy in developing countries.

Controversies in trade policy.

National income accounting and the balance of payments.

In Section 5 of this course you will cover these topics:

Exchange rates and the foreign exchange market: an asset approach.

Money, interest rates, and exchange rates.

Price levels and the exchange rate in the long run.

Output and the exchange rate in the short run.

Fixed exchange rates and foreign exchange intervention.

The international monetary system, 1870-1973.

Macroeconomic policy and coordination under floating exchange rates.

Optimum currency areas and the european experience.

The global capital market: performance and policy problems.

Developing countries: growth, crisis, and reform.

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