EC 271 - International Economics (2 Cr.)

The theory and empirical realities of international trade flows, commercial policies and international finance. Policies such as quotas, tariffs, common markets and their restraints on trade in the domestic and world economy, with a particular emphasis on welfare effects. Topics in international finance such as capital flows, foreign exchange markets, balance of payments, and financial crises. Prerequisite: EC 111. Variable semesters. Program faculty.