International Trade

Lecture notes are based on the textbooks

1. Carbaugh, Robert J. 2007. International Economics. 12^th edition.
2. Krugman, Paul and Maurice Obstfeld. 2009. International Economics. 8th edition.
3. Pugel, Thomas A. 2009. International Economics. 14^th edition.
4. Pugel, Thomas A. 2007. International Economics. 13^th edition.

Syllabus

Lecture 1: Introduction to International Economics

Lecture 2: Demand and Supply Functions

Lecture 3: Mercantilism and Comparative Advantage

Lecture 4: Production Possibilities Curves and International Trade

Examination I

Lecture 5: Application of the Heckscher-Ohlin Theory

Lecture 6: Economics of a Tariff

Lecture 7: Nontariff Trade Barriers, GATT, and the WTO

Examination 2

Lecture 9: Dumping and Export Subsidies

Lecture 8: Arguments for Trade Protection

Lecture 10: Trade Blocs and Trade Sanctions

Examination 3

Lecture 12: The Foreign Exchange Market

Lecture 11: Balance of Payments

Lecture 13: Exchange Rate Regimes

Examination 4