Academic Catalog

ECO303 INTERNATIONAL TRADE THEORY AND POLICY

Course Code: 3520303
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6,5
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assist.Prof.Dr EMRE ZELK
Offered Semester: Fall Semesters.
Prerequisite: Set 1: 3520201
The course set above should be completed before taking ECO303 INTERNATIONAL TRADE THEORY AND POLICY .

Course Content

The classical theory of comparative advantage, the factor proportions theory of comparative advantage, the Hecksher-Ohlin theory of gains from trade, classical theorems of two sector trade models, trade policy and welfare analysis.