Course Description
Various aspects of the international economy, both theoretical and practical, essential to an understanding of modern diplomacy and the conduct of foreign affairs.
Athena Title
INTL POLITICAL ECON
Equivalent Courses
Not open to students with credit in POLS 6240
Semester Course Offered
Not offered on a regular basis.
Grading System
A - F (Traditional)
Course Objectives
Students will gain a firm understanding of the basics of economic theory such as Ricardo's concept of comparative advantage and various modification of it. In addition, student will be exposed to questions of how international institutions affect factor mobility. Finally, students will gain a deeper understanding of how globalization affects not only markets but also societies.
Topical Outline
1) The classical economists 2) The marginalist revolution 3) The rise of trade in the 19th century 4) The concept of comparative advantage 5) The Samuelson/Stolper theorem 6) The relative gains debate 7) The World Trade Organization 8) Trade, services and capital mobility 9) The origins of globalization 10) Trade, globalization and community