First Semester. This course offers the advanced theory of international trade, focusing on the factors which determine trade patterns, the gains from trade, and the domestic and international distribution of the gains from trade. Trade restrictions in the form of tariffs and quotas will be analyzed as well to understand how government policies can alter both trade flows and the distribution of gains from trade.
Prerequisites & Notes Prerequisites: ECON 253 and MATH 133 or equivalent.
Ms. Craig