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Savitribai Phule Pune University, Maharashtra, General Semester 5, International Economics Syllabus

International Economics Lecture notes | Videos | Free pdf Download | Previous years solved question papers | MCQs | Question Banks| Syllabus

Unit - 1 Introduction

UNIT 1

International Economics

1.1 Meaning and Scope of International Economics

1.2 Importance of International Economics

1.3 Interregional Trade and International Trade

1.4 Role of International Trade in Economic Development

1.5 Trade Problems Facing LDC’s

Unit - 2 Theories of International Trade

UNIT 2

Theories of International Trade

2.1 Theory of Absolute Cost Advantage

2.2 Theory of Comparative Cost Advantage

2.3 Theory of Factor Endowment HeckscherOhlin

2.4 Leontief Paradox

2.5 Recent Development in Theories New Trade Theory Zeala Harrison Product Life Cycle Theory Vernon

Unit - 3 Terms of Trade

UNIT 3

Trade Policy

3.1 Free Trade Policy – Meaning Arguments for and Against

3.2 Protection Policy – Meaning Arguments for and Against

3.3 Tools of Protection Meaning and Types – Tariffs Quotas

3.4 Dumping Concept and its Effects

Unit - 4 Regional and International Economic Co-operation

UNIT 4

Terms of Trade

4.1 Meaning and Importance of Terms of Trade

4.2 Types of Terms of Trade

4.3 Facrors affecting terms of trade

4.4 Causes of Unfavourable Terms of Trade to Developing Countries