The American Business School Paris
Area of Study
Economics, International Economics
Taught In English
ECON 110 and ECON 120 or their equivalents
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 Credits3
Recommended U.S. Quarter Units4
Hours & Credits
COURSE DESCRIPTION :
The first part of the course examines classical and modern international economic theory. The second half will apply the theoretical framework to current world international trade issues such as fiscal and monetary policy, exchange rate systems and the international monetary system.
INSTRUCTIONAL METHODOLOGY :
The course consists of class lectures, individual/group presentations on various assignments. Will be covered in class :
- Introduction : Theory of Comparative Advantage
- International Trade & Equilibrium
- Factor Endowments, Complementary Trade
- Trade Restrictions
- Economic Integration : Customs Unions
- International Trade & Economic Development
- International Resource Movements / Mutilnationals
- Foreign Exchange
- Balance of Payments
- Price Adjustment Mechanism
- Income Adjustment Mechanism
- International Monetary System
Gerber, J, International Economics, Addison-Wesley
The final grade will be made up of a class participation and group project (25%), mid-term test (25%) and the final examination (50%).
Courses and course hours of instruction are subject to change.