Applied Macro:Policy, Trade & Development [CourseID: 4061]

Foreign trade, development, and growth. General equilibrium models show the affects of trading blocks on U.S. agriculture and the broader economy, the importance of growth on incomes, foreign trade, and policies that impact world trade and economic growth. Indicators of economic development, growth in trade, and welfare of developing countries. Globalization. Drivers of growth, productivity, technical change, and research. Comparative advantage. Distribution consequences of trade. Trade policy instruments/institutions. Foreign trade, development, and growth. General equilibrium models for affects of trading blocks on U.S. agriculture and broader economy. Importance of growth on incomes. Foreign trade. Policies that impact world trade, economic growth.