Document Type

Syllabus

Date

Fall 2016

School

Diplomacy

Course Number

DIPL 4555 AA/AB

Course Description

This course provides upper level undergraduates in International Relations with the key economic principles to understand the causes and consequences of international flow of goods, services, investment, and people. The first half of the semester covers the basic trade theories to explain why nations trade, what and with whom they trade, and who within a country gains and loses from trade. Next, we explore the international movement of labor (migration) and capital (foreign direct investment) as alternatives to conventional trade in goods and services. Finally, we will analyze national motives for regulation in cross-border flows of trade, capital and labor, and the effects of these policies on economic welfare. The course will address current national and international debates such as: Does trade cost jobs and increase wage inequality? Should developing countries liberalize trade? Does the US benefit from the TPP? Should we globalize labour markets?

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