ECON 2720 - International Economics

4.5 Credits

Students examine a broad overview of the fundamentals of international business and trade, and get familiar with the basic terminology, key concepts and issues relative to the subject. Students study the global economy including international trade, investments and the business environment. In addition, students analyze the management of multi-national firms in the context of the international financial system.

Prerequisites: (2) ECON 1050 or ECON 1000 and ECON 1100

Lecture Hours: 4.5
Lab Hours: 0.0
Internship Hours: 0.0
Clinical or Practicum Hours: 0.0

Course Objectives

Discuss the nature and dimensions of international economics
Explain international trade theory.
Explain the international aspect of monetary and investment theory.
Discuss the character of multinational business enterprises with emphasis on economic gains from trade.
With reference to an emerging and/or less developed country, discuss the implications of GATT/WTO and the various trade agreements to which the country is a party.
With reference to an emerging and/or less developed country, discuss the implications and differences for the country and its trading partners.
Discuss role and importance of the International Monetary Fund (IMF) and the World Bank.
Discuss political process of potential neo-protectionism.

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