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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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