Course Description

International trade, open economy macroeconomics, and global financial-market issues. Emphasis on using basic economic theory and policy analysis to understand the relevance of these issues to firms that trade and/or produce across national borders.

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Athena Title

International Business Environ

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Equivalent Courses

Not open to students with credit in ECON 4040

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Non-Traditional Format

This course will be taught 95% or more online.

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Prerequisite

(ECON 2105 or ECON 2105E or ECON 2105H) and (ECON 2106 or ECON 2106E or ECON 2106H)

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Semester Course Offered

Offered every year.

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Grading System

A - F (Traditional)

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Student Learning Outcomes

• Upon completion of the course, students will understand how to examine issues in international trade, open economy macroeconomics, and global financial markets.
• Upon completion of the course, students will understand how to use basic economic theory to examine the behavior of firms that trade and/or produce across national borders.

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Topical Outline

• Global Trends
• Comparative Advantage
• Trade Policy
• Free Trade
• GATT and the World Trade Organization
• Anti-Dumping and Countervailing Duty Cases
• International Capital Flows
• Foreign Direct Investment
• External Debt Management
• Balance of Payments Policy
• New Europe
• Japan and Asia
• Transition Economies
• Global Competition

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