International Business and Economics Option Courses

Derivative assets and markets, and their role in business decision-making and portfolio management. Emphasis on practical and theoretical aspects of hedging and speculating using futures and options for both commodities and financial assets, including their market mechanics. Prereq: ACFI 702.

Covers both international trade theory and open-economy macroeconomics. Some of the major issues include whether free trade is always preferred to restricted trade, the controversy over industrial policy and how best to structure the international financial system. Students gain an understanding of topics including currency exchange rate movements, macroeconomic adjustment mechanisms and trade policy, among others. Prereq: ECON 401 and 402.

Systematic analysis of the process and consequences of international integration. Introduction to the theoretical foundations of free trade areas, custom unions, common markets, and economic unions. Comprehensive examination of the historical developments in the formation of major economic blocs, such as the European Union (EU) and the North American Free Trade Area (NAFTA), and evaluation of the growing political and economic relationships between member countries regarding monetary and fiscal integration. Prereq: ECON 401; ECON 402.

Internationalization of economies. Growth and implications of multinational corporations at the level of systems. Theories of imperialism, international unity/rivalry; theories of direct investment, exercise of influence and conflict, technology transfer, bargaining with host country; effects on U.S. economy. Prereq: permission.