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ECON 440 - Economics of International Trade and Policy

  • 3 credits
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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.


ECON 306 (Intermediate Microeconomics)

Important Information

Prerequisites: Intermediate microeconomics, college algebra.

Textbooks and Materials

Section 801


  • International Trade: Theory and Policy, 10th Ed. (2014)
    Krugman, Paul R., Obstfeld, Maurice, and Melitz, Marc
    ISBN: 978-0133427493

Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.