International economics studies the flow of goods and money between countries. The first part of the course focuses on the theoretical frameworks that aim to explain trade patterns and gains from trade (Ricardian model, HOV model, monopolistic competition) and issues in trade policy (tariffs, trade agreements, trade and development). The second part of the course is an introduction to international macroeconomics, discussing the balance of payments, currency and exchange rates and related policy issues (European monetary integration, financial globalization and development).

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Part 1: International Trade — Theory and Policy

Part 2: International Macroeconomics — Theory and Policy