Part I: Trade Theory and Policy
Perfect Competition Models of Trade and Empirical Evidence; Imperfect Competition, Increasing Returns to Scale and New Trade Theories; International Trade Policy; Strategic Trade Policy; Economic Integration; Political Economy of Trade Policy; International Trade Institutions; Trade Policy and Economic Development; Trade Strategy and Industrialization; Trade Reform.
Part II: International Finance
Open Economy Accounting; Foreign Exchange Markets and International Parity Conditions; Models of BOP Adjustment; Theories and Models of ER Determination; ER Volatility, Speculation and Bubbles; Fiscal and Monetary Policy Under Different ER Regimes; International Capital Movements.