ECO 610 - International Economics

Comparative costs, the terms of trade, and the gains from trade are analyzed. Additional topics include, the effects of trade on resource allocation, prices, production, consumption, and the distribution of income; trade growth and development; efficiency and competition; productivity and standards of living; economic integration, the cost of protection, and problems and issues of commercial policy; the foreign exchange market, the balance of payments, international capital movements, and the international monetary system. Policy measures for internal and external balance are also discussed.
Lecture
Credits: 3
Prerequisite: MBA 530