Description
This course introduces students to the major theories in international trade and to models that are useful for applied policy and regional analysis. The economic implications of international trade and trade policy on consumers, workers, firms, and both on individual economies and the wider international community are also emphasized. Upon successful completion of this course, students will demonstrate an understanding of the major instruments of trade policy, their economic effects, and the issues created by their use in practice. Prerequisites: ECON 101: Principles of Microeconomics and ECON 102: Principles of Macroeconomics.