EC 330 - International Economics
This course introduces students to the principles of international economics, exploring the key forces that shape global trade, economic growth, and financial markets. Businesses and policymakers must interpret macroeconomic signals to make informed decisions in a world marked by economic uncertainty, globalization, and technological change. Students will begin with fundamental macroeconomic concepts—including GDP, inflation, and economic growth—and examine key models such as the Solow Growth Model and the Cobb-Douglas production function to analyze long-term economic performance. The course also provides a comprehensive framework for analyzing globalization, trade theories, and global value chains. It familiarizes students with trade policy, exchange rate theory, and institutional and legal barriers to trade, including protectionism, trade agreements, and the role of international organizations.
Through group presentations and interactive discussions, students will apply economic theories to real-world scenarios and current policy issues. Topics include foreign direct investment (FDI), industrial policy, and exchange rate systems, with cases on sustainable development, supply chain disruptions, and the impact of fiscal and monetary policies on international markets. While the course incorporates economic models and quantitative reasoning, it primarily adopts a qualitative approach, bridging theory and practice to develop students' economic intuition. By the end of the course, students will have a strong foundation in international economic theory and policy, equipping them with the tools to understand and navigate the complexities of the global economy.