Economics of international trade and finance

This unit explores how countries interact through trade, investment, and financial markets. You will engage with advanced trade theories — including the Ricardian model and the Heckscher-Ohlin model — to understand global production and distribution patterns. The unit also examines practical issues such as migration, foreign direct investment, tariffs, offshoring, and exchange rate systems. By analysing national and international accounts and global capital flows, you will gain insights into the economic forces shaping business and policy in an interconnected world.