The course covers the main theoretical and policy issues in international trade and finance. It focuses on both the microeconomic and macroeconomic aspects of international economics. In particular, it will cover international trade theory which analyzes the basis for and the gains from trade; international trade policy which examines the reasons for and the effects of trade restrictions; the evolution and reform of the international monetary system, the balance of payments which measures a nation’s total receipts from and total payments to the rest of the world; foreign exchange markets which is the institutional framework for the exchange of one currency for another; open-economy macroeconomics which deals with the mechanisms of adjustment in the balance of payments disequilibria; and the main trends in financial markets and the challenges faced by developing countries in terms of the way they are integrated into the international financial system. Face-to-face lectures will therefore be complemented by hands-on solving of problem sets and the discussion of case studies. Some or all aspects of the course can be delivered online in case of the re-imposition of health restrictions.
Institute of International Relations
Faculty of Social Sciences
Compulsory Fees: TTD 640.00
Tuition Fees: TTD 2,700.00 (Contributing Countries); USD 1,434.00 (Non-Contributing Countries)
- Pre-Requisites: none
- Course Credits: 4
- Assessments: 100% Coursework
- Duration: January 19 – April 10, 2026
- Lecture Time: TFridays 4:00pm
- Mode of Delivery: Blended