Introduction to International Economics

(Spring 2020) This course provides a moderately in-depth look at some of the major topics in international economics. This course covers a brief discussion of the history of international trade and integration, main models in international trade: Ricardian model, Heckscher-Ohlin model, and New Trade theories. We will then use utilize the supply-and-demand model to consider effects of trade policy: tariffs, quotas, export subsidies, and non-tariff barriers. Lastly, we will touch on the macro side of international economics: introducing definitions and discussing exchange rates and their determination.