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SPECIALIZATION AND RELATED ELECTIVE COURSES
ECONOMICS
INTERNATIONAL TRADE THEORY
EIB2001 INTERNATIONAL TRADE THEORY
3 Credits
Pre-requisite EIA1002 Microeconomics I
Learning At the end of the course, the students are able to:
Outcomes
1. explain basic concepts and theories in international trade;
2. identify issues in international trade; and
3. analyze issues in international trade using related theories.
Synopsis This course discusses concepts and theories of international trade such as law
of comparative advantage, Heckscher-Ohlin theory, policies related to
international trade, economic integration, and issues in international trade.
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References 1. Salvatore, D. (2011). International Economics (10 ed.) New Jersey: John
Wiley & Son.
2. Krugman, P.R., Obstfeld, M. and Melitz, M.J. (2012). International
Economics – Theory and Policy (9 ed.). Pearson.
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3. Gerber, J. (2011). International Economics (5 ed.). Pearson.
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Soft Skills CS2, CS2, CS3
LS1, LS2
Assessment Continuous Assessment : 40%
Final Examination : 60%
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