Description
The principles and theories of international trade and finance in historical context. Topics include the bases for international trade in comparative advantage and economies of scale, foreign direct investment, immigration, trade policies and related political economy issues, foreign exchange markets, balance of payments accounting and the national income and product accounts, macroeconomic policies in an open economy, monetary union, international monetary systems, and financial crises. Does not count for Economics major or minor credit. ECON113 PO and ECON 123 PO may not both be taken for credit. Letter grade only. Prerequisites: ECON 051 PO. Course is equivalent to ECON123 PO.