INTSTDS 4540: International Commerce and the World Economy
Prereq: AEDEcon 2001 (200), 2001H (200H), Econ 2001 (200), or 2001H (200H), or permission of instructor. Not open to students with credit for 540 or AEDEcon 4540 (540). Cross-listed in AEDEcon.
This course focuses on the application of international trade theory and policy to real-world business and trade decisions. Students will explore the historical significance of global trade to the U.S. economy and consider its evolving role in shaping future economic outcomes. Student will also learn to critically evaluate trade policy proposals, distinguishing between evidence-based analysis and simplistic or ideologically driven arguments
This course emphasizes how trade theory can be used to address challenges faced by firms operating in a global marketplace. By the end of this course, students will be able to build a rigorous framework for understanding trade dynamics, equipping them with tools to navigate complex policy debates.