Bachelor of Arts (General) → Economics- Semester V

International Economics (BECO 507)


Description
This course provide an analysis of the economic relationships between countries, covering both trade and monetary issues.
It focuses on various vital questions such as: why do countries trade with each other ? What are the effects of trade on welfare and the income distribution? what are the various barriers to trade and economic integration?

Semester : V

Content
  • unit: I classical theory
  • Syllabus for International Trade
  • International trade I
  • International trade II
  • Barter economy
  • SMITH ABSOLUTE ADVANTAGE 507.docx
  • ABSOLUTE THEORY OF ADAM SMITH..pptx
  • Absolute advantage.mp4
  • International trade: Absolute and comparative advantage
  • LEONTIEF PARADOX
  • LEONTIEF PARADOX.docx
  • RICARDO_S COMPARATIVE ADVANTAGE THEORY.docx
  • Comparative Advantage.mp4
  • Comparative Advantage II.mp4
  • RICARDO_S COMPARATIVE ADVANTAGE THEORY.docx
  • Law of Comparative Advantage
  • Mercantilism
  • Mercantilism explained
  • Rise of Mercantilism.
  • Internal and external Balance
  • unit: II factor endowment theory and terms of trade
  • unit: III theory of commercial policy
  • unit: IV foreign exchange
  • unit: V balance of payments
  • END SEMESTER EXAM.
  • Introductory class exercise.
Completion rules
  • All units must be completed