More than half of all the goods and services produced in the world are traded across national boundaries. While economists agree that international trade is beneficial overall, allowing consumers to get more kinds of goods at lower prices, politicians and citizens often see trade as harmful to their interests. This course will examine the economic argument in favor of trade, explore the reasons why nations choose restrictive trade policies and even engage in trade wars, and analyze the consequences of those policies for economic well being. We will also consider the climate consequences of the movement of goods around the world. The course will make significant use of a case discussion format requiring class participation.
Max Enrollment: 25
Prerequisites: ECON 101. ECON 103 is recommended.
Distribution Requirements: SBA - Social and Behavioral Analysis
Typical Periods Offered: Spring
Semesters Offered this Academic Year: Spring