International Economic Relations
|Number of hours||45hrs|
This course will enable students to understand and analyse the main characteristics of the contemporary international economic order. The course begins with an overview of the contradictory pressures towards globalisation and localisation and their consequences. Students develop a critical understanding of trade theories. They learn to use economic data to analyse and compare international trade patterns and the macroeconomic conditions including quality of life indicators in various countries by income group. Topics covered will include globalization, trade theory, trade liberalisation, protectionism, exchange rates, multinational corporations, the international monetary system, the roles of international organisations, and preferential trade agreements (e.g. NAFTA and the EU). This course is very useful to students who go to university programs in Economics, Business Administration, Political Science, International Studies, International Development and Law.