Credits: 3 (3-0-0)
Prerequisites: Any Two courses from HUL2XX category
Allocation Preference: HUL211, HUL212, HUL213
Description
Basic concepts of national income accounting, money, and balance of payments; output and exchange-rate determination under fixed and flexible exchange-rate regimes; fiscal and monetary policies in an open economy; international capital movements and their impacts; Case Studies: East Asian crisis, global financial crisis; theories of international trade including factor-proportions and economies of scale; the international trading regime and its implications for developing countries.