Schedule of Classes Course Description

John Jay College of Criminal Justice
Course Prefix: ECO                                     Course Number: 245                                    
Course Title: International Economics
Subject: Economics
Minimum Credits: 3.0                                     Maximum Credits: 3.0                                     Hours per week: 3.0


Theories of international trade, exchange rate determination under fixed and flexible regimes, the international financial system and balance of payments accounting are introduced. The role of multinational corporations and foreign aid, as well as international institutions such as the International Monetary Fund, World Bank, International Labor Organization, and the World Trade Organization are examined. Problems of unsustainable current account deficits and external debt for developing nations are explored. Trade and investment policies are examined from alternative theoretical perspectives, including debates over "free trade" versus "fair trade," international financial system reform and the impact of globalization on national sovereignty and democratic governance. Lastly, the economies of selected developed, developing and transitional nations are surveyed.

Prerequisite: ENG 101 and ECO 101 or ECO 120 or ECO 125
Start Date:    05/05/2014                         End Date: