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as of 10/5/2022

INTERNATIONAL ECONOMICS
Country - Partner Institution - Programs: United Kingdom - England - London School of Economics - 'London School of Economics'
UC Course SubjectEconomics
Number & Suffix: 133 Y
Full UC Title: INTERNATIONAL ECONOMICS 
Transcript Title: INTERNATIONAL ECON 
UC QTR Units - Division: 12.0 - Upper Division 
Course Description: International Macroeconomics: This section explores international macroeconomic theory and develops the main tools for macroeconomic policy analysis. Students first study the balance of payments and the causes and consequences of global imbalances, and then study the determination of exchange rates, money, and prices in open economies. They discuss the costs and benefits of different nominal exchange rate regimes and their sustainability, as well as examine the causes and consequences of debt and default, speculative attacks, and financial crises. International Trade: This section explores international trade theory and develops the main tools for trade policy analysis. Students first study the patterns of trade, distinguishing between inter-industry and intra-industry trade flows. They then examine the causes and the effects of those flows based on the concepts of absolute and comparative advantage, relative factor abundance and relative factor intensity, increasing returns to scale, and imperfect competition. Finally, students discuss the gains and losses from trade, their distribution among people and firms, and their implications for the debate on trade liberalization vs. protectionism. 
Language of Instruction: English
 
Partner Title: INTERNATIONAL ECONOMICS 
Partner University Department: Economics 
Partner University Course Number: EC315