14.581 International Economics I
Covers a variety of topics, both theoretical and empirical, in international trade, international macroeconomics, and economic geography. Focuses on general equilibrium analysis in neoclassical economies. Considers why countries and regions trade, and what goods they trade; impediments to trade, and why some countries deliberately erect policy to impede; and implications of openness for growth. Also tackles normative issues, such as whether trade openness is beneficial, whether there are winners and losers from trade and, if so, how they can possibly be identified.
This class has 14.04 as a prerequisite.
Lecture occurs 9:00 AM to 10:30 AM on Mondays and Wednesdays in E51-151.
This class counts for a total of 12 credits.
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