ITSM514 - Economics of International Trade and Transport
(ITSM514_PT)

 This course requires an enrolment key

The course aims to provide students with a basic understanding of the vocabulary, concepts, and principles of international economics; develop their own abilities to analyze the performance of business enterprises and nations in the ever changing realm of international trade and transport; enable them to make sense of economic reality, transform theoretical knowledge into practical skills, and apply theories to problems and policy issues. The course provides critical information about the evolution of the international trade and its role towards global development; the seaborne trade patterns and the specific role of the ports and other related key role players in the shipping industry; and the institutional environment of international trade and transport. Competing international trade theories are presented and discrimination of competitive and non – competitive trade patterns is provided.The course also covers theoretical and practical topics related to the balance of payments and exchange rates as main components of the International trade.

This course requires an enrolment key