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ECON307: International Trade
Sections
Course Introduction
Unit 1: International Trade Theory
Unit 2: International Trade Policy
Unit 3: Exchange Rates and Open-Economy Macroeconomics
Unit 4: International Macroeconomic Policy
Course Feedback Survey
Certificate Final Exam
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ECON307: International Trade
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Economics
ECON307: International Trade
Sections
Unit 4: International Macroeconomic Policy
4.3: Optimum Currency Areas and the European Experience
Optimum Currency Areas and the European Experience
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Optimum Currency Areas and the European Experience
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Course Syllabus
Introduction to International Economics
Introductory Trade Issues: History, Institutions, and Legal Framework
World Trade: An Overview
The History of World Trade
Labor Productivity and Comparative Advantage: The Ricardian Model
The Ricardian Theory of Comparative Advantage
Comparative Advantage and Gains from Trade
Resources, Comparative Advantage, and Income Distribution
The Heckscher-Ohlin (Factor Proportions) Model
Heckscher-Ohlin Theory of Trade
The Standard Trade Model
The Pure Exchange Model of Trade
Growth and Trade
Economies of Scale, Imperfect Competition, and International Trade
Economies of Scale and International Trade
Economies of Scale
International Factor Movements
Factor Mobility and Income Redistribution
International Mobility among Professionals
Aid Versus Trade
The Instruments of Trade Policy
Trade Policy Effects with Perfectly Competitive Markets
Import Tariffs
Political Economy and International Trade
Principles for Determining Trade Policy
Trade Policy in Developing Countries
Trade Policies of Developing Countries
The WTO and Developing Countries
Evaluating the Controversy between Free Trade and Protectionism
National Income Accounting and the Balance of Payments
National Income and the Balance of Payments Accounts
National Income Accounting and the Circular Flow of Money in the Macroeconomy
Exchange Rates and the Foreign Exchange Market: An Asset Approach
Foreign Exchange Markets and Rates of Return
Understanding the Foreign Exchange Market
Money, Interest Rates, and Exchange Rates
Interest Rate Parity
More on Interest Rate Parity
Price Levels and the Exchange Rate in the Long Run
Purchasing Power Parity
More on Purchasing Power Parity
Output and the Exchange Rate in the Short Run
National Output Determination
Fixed Exchange Rates and Foreign Exchange Rates
Fixed Exchange Rates
The International Monetary System, 1870–1973
International Monetary Systems
Macroeconomic Policy and Coordination under Floating Exchange Rates
Policy Effects with Floating Exchange Rates
Fixed versus Floating Exchange Rates
Optimum Currency Areas and the European Experience
Optimal Currency Area Theory
The Global Capital Market: Performance and Policy Problems
Developing Countries: Growth, Crisis, and Reform
The Global Financial Crisis
Global Financial Crisis: Implications for Developing Countries
Course Feedback Survey
ECON307: Certificate Final Exam
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