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Course Description
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Course Name
International Economics
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Host University
Nelson Mandela University
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Location
Port Elizabeth, South Africa
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Area of Study
Economics, International Relations
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Language Level
Taught In English
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Prerequisites
Macro Economics (EC201)
Micro Economics (EC202)Or home university equivalent
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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Host University Units
10 -
Recommended U.S. Semester Credits0
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Recommended U.S. Quarter Units1
Hours & Credits
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Overview
Syllabus
PURPOSE
To create an awareness and a thorough understanding of the importance of international economic issues with specific reference to the classical theory of trade, modern theories of trade, trade policy instruments and their impacts, economic integration, balance of payments accounts, the foreign exchange market, and macroeconomic policy in an open economy.LEARNING OUTCOMES
- Understanding and application of the underlying principles of classical and modern trade theory, trade intervention and its impacts, and economic integration theory.
- Knowledge and insight into the balance of payments accounts, the foreign exchange market and open economy macroeconomic policy.
CORE CONTENT
- Classical trade theory.
- Modern trade theory.
- Trade instruments and impacts.
- Economic integration.
- Insight into the balance of payments accounts.
- Insight into the foreign exchange market.
- Insight into open economy macroeconomics.