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Course Details

Course Details

Course Code: ECON303 Course ID: 4267 Credit Hours: 3 Level: Undergraduate

This course provides a comprehensive account of the theory and practice of international trade and international monetary relations. Emphasizes is place on modern trade theory and applications, trade policies and arrangements, and international factor movements. Topics include international financial relations, including the balance of payments, exchange rate determination and regimes, international economic policy, and international banking.

Course Schedule

Registration Dates Course Dates Session Weeks
01/25/21 - 07/02/21 07/05/21 - 08/29/21 Summer 2021 Session B 8 Week session

Current Syllabi

LO-1. Understand the effects of economic independence on local economies.
LO-2. Discuss the importance of international trade for the U.S. economy.
LO-3. Compare and contrast the principle of absolute advantage and the principle of comparative advantage.
LO-4. Explain how the equilibrium terms of trade is influenced by changing supply and demand conditions.
LO-5. Identify the factors that underlie trade in business services.
LO-6. Evaluate the arguments in favor of trade restrictions.
LO-7. Identify the major nontariff barriers to trade.
LO-8. Evaluate the advantages and disadvantages of industrial policy.
LO-9. Understand the role of the World Trade Organization.
LO-10. Identify and evaluate the trade problems of the developing countries.
LO-11. Assess the recent economic performance of the East Asian Economies.
LO-12. Identify the stages of economic integration.
LO-13. Explain why a multinational enterprise is a source of conflict for source and host countries.
LO-14. Identify trends on the U.S. balance of payments.
LO-15. Discuss the operation of the foreign exchange market.
LO-16. Describe how exchange rates are determined in a free market.
LO-17. Explain the importance of the international monetary system.
LO-18. Identify the tools of economic policy.

NameGrade %
Assignments 70.00 %
Assignment 1 10.00 %
Assignment 2 10.00 %
Assignment 3 10.00 %
Assignment 4 10.00 %
Assignment 5 10.00 %
Assignment 6 10.00 %
Assignment 7 10.00 %
Forums 30.00 %
Forum 1 4.29 %
Forum 2 4.29 %
Forum 3 4.29 %
Forum 4 4.29 %
Forum 5 4.29 %
Forum 6 4.29 %
Forum 7 4.29 %

Book Title: International Economics, 13th ed.- The VitalSource e-book is provided via the APUS Bookstore.
Author: Carbaugh
Publication Info: Cengage
ISBN: 9781439038949

Book Title: You must validate your cart to get access to your VitalSource e-book(s). If needed, instructions are available here -
Publication Info:
ISBN: Ugrad Note 2

Book Title:Various resources from the APUS Library & the Open Web are used. Please visit to locate the course eReserve.*

Previous Syllabi

Not current for future courses.