13513 (v.2) Economics (International Trade) 505

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Area:	School of Economics and Finance
Contact Hours:	3.0
Credits:	25.0
Seminar:	1 x 3 Hours Weekly
Prerequisite(s):	13504 (v.2) Economics (Growth and Fluctuations) 502 or any previous version AND 13506 (v.2) Economics (Markets) 503 or any previous version
The theory of trade - absolute and comparative advantage, Heckscher-Ohlin model, modern theories, tariffs and non tariff barriers, economic integration and the theory of customs unions, growth, trade and investment, the basics of international capital flows, theories of exchange rate determination, the international monetary system, macroeconomic policy in the open economy.