International Economics

We live in a globalized market; how well does it work? International Economics means exploring how economics, geography, government, and culture shape the environment in which businesses operate internationally. Topics will include the globalization of markets at the financial crisis, the globalization of human capital, the role of multinationals in a globalized world, the costs and benefits of international trade and the roles of the International Monetary Fund and the World Trade Organization. We will also study international trade theory, the arguments in favour of free trade or protectionism, and consider the interplay between politics and business at a time when the benefits and disadvantages of a globalised economy are openly debated. Students must have studied an Introduction to Economics, or its equivalent, to be accepted onto this course.