International Trade Theory- A Modern Day Understanding




International Trade Theory- A Modern Day Understanding

International Trade Theory is a university course developed over 17 semesters at a top university in South Korea. It is a course perfect for anyone interested in gaining an increased understanding of international trade and economics and for those students pursuing further study in these fields.

This course covers labor and environmental standards and discusses their role in international trade today. We also look at how exchange rate systems affect trade and why international financial crises happen.

The focus of this course is not on math applications or graphs. Rather, we consider how perspectives on international trade have changed over time and how international trade continues to change today.

International Trade Theory is an introduction to international economics. The focus will be on understanding macro and microeconomic theories and applying them to the modern world. This course will be a combination of lectures and individual study from the textbook which comes free (pdf) as part of this course.


Course Objectives

1. To develop an understanding of economics.

2. To explore economic theory in today’s business world.

3. To examine changes in international trade since the creation of GATT and the WTO.


Here is an outline of the seven chapters contained in this course:

1. Labor Standards & International Trade

2. Environmental Standards

3. International Trade & the Balance of Payments

4. Exchange Rate Systems

5. An Introduction to Open Market Macroeconomics

6. International Financial Crises

7. The United States in the World Economy


So what do you get by purchasing this course?

Included in this course is a course textbook (pdf), 7 lectures of approximately 1-hour in length each, and 7 review question answers in video format.

Full university course complete with textbook, 7+ hours of video lectures, and video answers to review questions.

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What you will learn
  • Understanding what are labor and environmental standards and why are they important in international trade?
  • Knowing how do we measure international trade at the country level?
  • Considering what are exchange rate systems and how do they affect international trade?

Rating: 5

Level: Intermediate Level

Duration: 8 hours

Instructor: James Young


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