This course is usually offered Summer and Fall.
Theory of international trade; payments, commercial policies, and economic integration.
This course has two objectives: to introduce students to the “real” (as opposed to financial) side of international economics, international trade; and to give students an overview of some of the key trade-related political and economic debates taking place among economists, governments, and civil society today.
By the end of class you should be able to:
- explain why international trade occurs and takes on the pattern that it does;
- apply economic theories in order to demonstrate why things are produced where they are produced in our interconnected global economy;
- identify who is likely to gain and who is likely to lose from trade and openness to trade;
- assess the desirability of trade-related laws, agreements, and policies;
- discuss international trade agreements, trade barriers, outsourcing and offshoring, and other phenomena affecting international business.
This course can be applied toward:
ECON 306 (Intermediate Microeconomics).
Prerequisites: Intermediate microeconomics, college algebra.
Textbooks and Materials
Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.
- International Trade: Theory and Policy, 10th Ed. (2014)
Krugman, Paul R., Obstfeld, Maurice, and Melitz, Marc
Fathalla Barasi is a PhD student and an instructor in the Department of Economics at Colorado State University. Fathalla is originally from Libya. In addition to earning his master’s degree in economics from the University of Benghazi, he worked at that university as a lecture assistant for four years. His research interests include stabilization policies and economic growth.