International Economics, 7.5 credits

The course teaches theories of international trade and uses them to analyse current issues related to international integration. The first part deals with driving forces behind trade and sources of gains and losses from trade and mobility of capital and labour. The second part deals with the impact of trade policies such as tariffs, import quotas and export subsidies. It also studies the formation of trade policies and how they are affected by multilateral trade agreements such as GATT/WTO.