International Trade and Finance
Area of Study
Taught In English
Substantial previous university-level study of intermediate-level micro- and
Course Level Recommendations
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.
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units0
Hours & Credits
The module analyses the essential theoretical and policy issues of international trade and
finance. In doing so care is taken to link both international trade and finance theory with
real world events.
Topics covered include:
? The theory of comparative advantage and the case for free trade.
? Classical and modern explanations of what goods and services nations will
? How trade affects income distribution.
? Inter-industry intra-industry and intertemporal trade.
? Tariffs and non-tariff barriers to trade quotas, voluntary export restraints,
anti-dumping, and export subsidies.
? Imperfect competition and strategic trade policy.
? The political economy of trade policy.
? Empirical studies of trade models.
? The balance of payments.
? Prices and the real exchange rate.
? Money, interest rates and exchange rates; performance of different
exchange rate regimes; currency crises.
? Topics in international macroeconomics.
Teaching: Lectures and seminars
STUDY OPTION 1:
? Seminar Portfolio
? 2 hour Exam
STUDY OPTION 2/3:
Alternative assessment (tbc)
Study Option 1 = Whole Year
Study Option 2 = Autumn
Study Option 3 = Spring/summer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.