Our program in international economics gives students a foundation in both neoclassical and heterodox theories, empirical analyses and debates in international trade and finance, with particular focus on the policy or applied aspects of the field. In addition, international field course content and related faculty research are fundamentally centered on development policy issues, including topics such as the sustainability of global imbalances, foreign direct investment and development, and trade, growth and inequality based on class or gender.
Econ 640 International Trade Theory — Theory of international trade including comparative advantage, factor growth, market distortions, and commercial policy.
ECON742 International Production and Monetary Theory — We will begin by looking at the actual functioning and historical evolution of the international financial markets and then go on to address both mainstream and heterodox approaches (including post Keynesian and structuralist theories)in open economy macroeconomics. The final segment of the course will address certain policy issues, in particular capital flows and financial crisis and the global imbalances in the world economy.