International Economics Syllabus — Government College of Engineering…
Full syllabus, topics and curated resources for International Economics (Government College of Engineering and Technology, Jammu).
Concepts and theories of international trade, terms of trade, foreign exchange rate and exchange control, trade barriers, and balance of payments and international organizations
- Subject code: HMT-7701
- University: Government College of Engineering and Technology, Jammu
- Course: BE (2022 onwards)
- Branch: EE
- Semester: 7
International Economics syllabus
Unit 1: Concept of International Trade
- Meaning, Significance and Scope of International Economics
- Internal, Interregional and International Trade
- Theory of Absolute Cost Advantage
- Theory of Comparative Cost Advantage
- Opportunity Cost Theory
Unit 2: Theories of International Trade
Unit 3: Terms of Trade — Concepts and Significance
- Meaning and Significance of Terms of Trade
- Terms of Trade Indexes — Net Barter and Gross Barter
- Terms of Trade Indexes — Income, Single and Double Factoral
- Factors Influencing Terms of Trade
Unit 4: Foreign Exchange Rate and Exchange Control
- Meaning and Types of Foreign Exchange Rate
- Fluctuating and Fixed Exchange Rate Systems
- Exchange Control — Meaning, Features and Objectives
- Methods, Merits and Demerits of Exchange Control