The theory of international trade in an applied context. The students will be introduced to the understanding of forces that shape the trade interactions between various nations. Starting from the earlier theories of mercantilism and comparative advantage, students will navigate their way to the modern theories of trade in partial and general equilibrium framework. They will study the effect of economic growth on trade and the impact of trade in determining the living standards of people, factors that influence trade policies of nations, the role and impact of international trade agreements and the economic perspective on labour migration, capital flows and multi-national corporations.... -- Course Website
Instructor: Dr Vinod Mishra
Prerequisites: Students must have passed at least two units from the following list before undertaking this unit: ECC1000 and ECC2000, or ECF1100 and one of either ECF2931 or ECF2731, or ECG1101 and ECG2731, or ECW1102 and ECW2731