This guide has been compiled to support students in their course work for ECON103 International Economics A.
This guide is maintained by Melody Chin.
This course aims to equip business students with the basic knowledge and skill to analyse international economic issues. Such issues broadly fall into two categories. The first is concerned with commodity trade, which studies why countries trade, the gains from trade, the consequences of trade on income distribution and on economic growth, and the debate on free trade areas and other policies. The second category is monetary payments, which examines the balance of payments, exchange rate regimes, and other issues concerning internal and external balances of an economy. Emphasis is on applying theory to contemporary, especially local and regional issues.