International Economics (P)

PREREQUISITE: (ECON-UA 1 OR ECON-UA 9001 OR ECI-UF 1001 OR AP MACROECONOMICS WITH SCORE OF 4 OR 5) AND ( ECON-UA 2 OR ECON-UA 9002 OR ECI-UF 1002 OR ECON-SHU 2 OR ECON-SHU 3 OR AP MICROECONOMICS WITH A SCORE 4 OR 5). ALL WITH A MINIMUM GRADE OF C.

Focuses on international trade in goods, services, and capital. It serves as an introduction to international economic issues and as preparation for the department's more advanced course in ECON-UA 324. The issues discussed include gains from trade and their distribution; analysis of protectionism; strategic trade barriers; the trade deficit; exchange rate determination; and government intervention in foreign exchange markets.