International Economics

The course deals with the theories, policies and practices of international trade, international monetary problems, organizations relating to trade and investments and the latest developments towards globalization, inter-relationship between international trade and economic growth, and their impact on economic stability make the students appreciate the international aspect of business.


            Furthermore, the course deals with the classical model on how a country’s economy is functioning followed by extensive review of the different macro-economic tools that are useful for international trade. The discussion covers also on how to conduct economic analysis using the factor endowment approach, different methods on studying trade theories and the manner in which presentation of the various instruments of trade policies. Special topics include argument for international trade protection, economic integration, and balance of payments, accounting exchange rates and how to develop the measures, and aggregate demand and supply analysis.