////EC315 Questions and Solutions

EC315 Questions and Solutions

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EC315 Questions and Solutions contains 9 unique documents with over 100 pages of exam style practise questions and solutions.

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EC315 Questions and Solutions contains 9 unique documents with over 100 pages of exam style practise questions and solutions.

About EC315:
International Macroeconomics: This section of EC315 offers an introduction to international macroeconomic theory and develops the main tools for macroeconomic policy analysis. By studying the balance of payments and the causes and consequences of global imbalances, followed by an in-depth study of the determination of exchange rates, money, and prices in open economies. Also covered is the costs and benefits of different nominal exchange rate regimes and their sustainability, as well as examine the causes and consequences of debt and default, speculative attacks and financial crises.

International Trade: This section of EC315 offers an introduction to international trade theory and develops the main tools for trade policy analysis. By studying the patterns of trade distinguishing between inter-industry and intra-industry trade flows. Proceed to an in-depth analysis of the causes and the effects of those flows based on the concepts of absolute and comparative advantage, relative factor abundance and relative factor intensity, increasing returns to scale and imperfect competition. Finally discussed is the gains and losses from trade, their distribution among people and firms, and their implications for the debate on trade liberalization vs. protectionism.

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100

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