There are two modules covered in this semester.

International Trade Economics: Understanding the international economy is key to successful decision making in a broad range of business and financial arenas. This course is a survey of international trade theory, commercial trade policy, international finance, and open-economy macroeconomics. The module explores the theoretical foundations of International Trade, focusing on why nations trade and what do they trade, in what sense international trade is beneficial to trading countries, the effect of different trade policy instruments and international trade agreements.
Competition Law & Policy:  Competition stimulates innovation, productivity and competitiveness, contributing to an effective business environment which, in turn, generates economic growth and employment. It creates possibilities for businesses and enterprises, removes barriers that protect entrenched elites and reduces opportunities for corruption. This module  deals with the law applicable to an export transaction in the context of the international trading environment. Through this module, learners review the laws regarding negotiable instruments, business activities, insurance, payment and financing mechanisms, as well as dispute resolution provisions in a contract of sale.


 

After the successful completion of this module, students should be able to:

  • Describe the basic principles of globally applicable competition law;
  • Apply those basic principles in relation to formation of contract and other business relationship (B2C; B2B);
  • Describe remedies to potential infringements;
  • Implement a credible and effective Compliance Program;
  • Knowing duties and rights in dealing with Regulators and Competition Agencies. 

After the successful completion of this course, students should be able to: 


  •            Analyze a variety of issues in international trade including the links between trade and wage inequality and the effects trade policy and understand how to negotiate business deals;
  •           Understand the implications of imperfect competition, increasing returns to scale, and transport costs for patterns of international trade, the conduct of trade policy, and the location of economic activity in space
  •           Understand the working and applications of models of Foreign Direct Investment.
  •           Aware of some of the empirical evidence relating to international trade, the geographical concentration of production, and Foreign Direct Investment.
  •           Use and adapt economic models to address key issues in international trade.