Prereq: Prerequisite courses include ECO 201 AND ECO 202 or the equivalent. Students who have already taken ECO 471 or ECO 472 may not take ECO 370 and ECO 370 may not be taken concurrently with ECO 471 or ECO 472. Students majoring in Foreign Language and International Economics are not allowed to take ECO 370. While other economics majors through the College of Business and Economics and the college of Arts and Sciences are allowed to take this course, it is ideal for non-majors who have an interest in the global economy and students pursuing a Minor in International Business and Economics.
This course explores the theoretical foundations of International Trade including the basics of why countries trade, factors that explain the pattern of trade, the effects of trade on welfare and the distribution of income, and various policy issues. The course also provides an examination of topics in International Finance such as how international financial markets are structured and how currencies across countries relate to each other in foreign exchange markets.
This course explores the theoretical foundations of International Trade including the basics of why countries trade, factors that explain the pattern of trade, the effects of trade on welfare and the distribution of income, and various policy issues. The course also provides an examination of topics in International Finance such as how international financial markets are structured and how currencies across countries relate to each other in foreign exchange markets.