ECON 248 - International Trade and the World Financial System

Semester Offered: Fall and Spring
1 unit(s)

A policy-oriented introduction to the theory of international trade and finance. The course introduces basic models of trade adjustment, exchange rate determination and macroeconomics adjustment, assuming a background of introductory economics. These are applied to the principle issues and problems of the international economy. Topics include the changing pattern of trade, fixed and floating exchange rates, protectionism, foreign investment, the Euro-dollar market, the role of the WTO, the IMF and World Bank, the European Community and third-world debt. Mr. Kennett, Mr. Islamaj.

Prerequisite(s): ECON 100 and ECON 101, or ECON 102.

Not open to students who have completed ECON 345 or ECON 346.

Courses numbered 200 and above are not open to freshmen in their first semester.