International Economics

Nelson Mandela University

Course Description

  • Course Name

    International Economics

  • Host University

    Nelson Mandela University

  • Location

    Port Elizabeth, South Africa

  • Area of Study

    Economics, International Affairs

  • Language Level

    Taught In English

  • Prerequisites

    Macro Economics (EC201)
    Micro Economics (EC202)

    Or home university equivalent

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    10
  • Recommended U.S. Semester Credits
    0
  • Recommended U.S. Quarter Units
    1
  • Overview

    Syllabus

    PURPOSE
    To create an awareness and a thorough understanding of the importance of international economic issues with specific reference to the classical theory of trade, modern theories of trade, trade policy instruments and their impacts, economic integration, balance of payments accounts, the foreign exchange market, and macroeconomic policy in an open economy.

    LEARNING OUTCOMES

    • Understanding and application of the underlying principles of classical and modern trade theory, trade intervention and its impacts, and economic integration theory.
    • Knowledge and insight into the balance of payments accounts, the foreign exchange market and open economy macroeconomic policy.

    CORE CONTENT

    • Classical trade theory.
    • Modern trade theory.
    • Trade instruments and impacts.
    • Economic integration.
    • Insight into the balance of payments accounts.
    • Insight into the foreign exchange market.
    • Insight into open economy macroeconomics.