ECON 505A

The Theory of International Trade

Units: 1.5

A study of international production and exchange. The topics covered include: the nature and source of the gains from trade; the determinants of international production and comparative advantage; international factor mobility and transnational production; the implications of market imperfections; trade and growth. Particular attention is given to the generality of theoretical propositions and their empirical applications.

Note: Credit will be granted for only one of 505A, 504.

Prerequisites: 500 or 405A or equivalent.

Graduate course in the Economics program administered by the Faculty of Graduate Studies.