SARDAR PATEL UNIVERSITY Programme & Subject: M.A (Economics) Semester: I Syllabus with Effect from: June - 2014
Paper Code: PA01CECO03 Total Credit: 4 Title Of Paper: Theories of International Trade
Unit Description in detail Weightage (%) I Concept of Inter -regional & International Trade - Theory of Comparative Cost - Heckscher -Ohlin Theory of trade - Leontief Paradox- 30 opportunity cost approach. II Factor Endowment and Factor Price – the Rybczynski Theorem - trade as 30 an engine of growth- effect of development on international trade III Gains from international trade - Concept of Terms of trade - Their uses and 20 limitations- factors affecting terms of trade IV Optimum tariffs - theory of custom union -trade creation and trade 20 diversion and welfare implications-Trade Organisations- GATT, WTO.
Basic Text & Reference Books:-
Bo Sodersten International Economics C. P. Kindle Berger International Economics R. A. Mundell International Economics P. T. Ellsworth The International Economy Caves & Johnson Readings in International Economics S. D. Wells International Economics Ray & Kundu International Economics Klaus Friedrich International Economics M. A. Van Meerhaeghe International Economics W. M. Scammell International Monetary Policy Bretton Woods & After R. M. Stern The Balance of Payments theory and Economic Policy G. Haberler The Theory of International Trade M. C. Kemp The Pure theory of International Trade H. S. Ellis & L. M. Metzler Readings in the theory of International Trade B. Ohlim Interregional and International Trade J. Viner Readings in the Theory of International Trade P. A. Samuelson International Trade and the Equalisation of factors prices. Economic Journal, June 1948. J. Bhagwati The Pure theory of International Trade, Economic Journal Vol. 74 March, 1964. J.E. Meade The theory of International Economic Policy - II. R.D. Gupta International Liquidity Om Prakash (ed) International Monetary Development Dr. D. T. Lakdawala Aantarrashtriya Arthashastra ( Gujarati)
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