Courses

Econ 103 Introductory Microeconomics

Studies the tools of microeconomic analysis and their applications. Supply and demand for products and for factors of production; production functions and costs; performance of the United States economy in producing and distributing products; and international trade.

Econ 212 Microeconomic Theory

Theoretical analysis of consumer and firm behavior, the role of prices in an economic system with various market structures, interrelationships of product and factor markets in a general equilibrium model, and the implications of the price system for resource allocation and economic welfare.

Econ 216 International Trade

An analysis of different economic theories of international trade: comparative advantage theory as well as alternative modern trade theories. Examination of commercial policy, including issues of tariffs and free trade zones.

Econ 217 International Finance

This course looks at competing theories of balance of payments and channels of adjustment under fixed and flexible exchange rates. Issues regarding monetary unions among countries (such as the European Monetary Union). Current problems in international finance.

Econ 312 Seminar in International Trade

Examines current events in international trade. The emphasis of this course is on the unsolved issues from the GATT’s Uruguay Round of trade negotiations and the future challenges for the expansion of world trade. It investigates topics like the expansion of regional trade agreements, environmental and labor standards, intellectual property rights, agricultural protection, trade in services, electronic commerce and competition policy. The objective is to provide students with a solid background on the theoretical and empirical ideas behind the mentioned trade policy debates.