To teach open economy macroeconomics with trade restrictions and capital mobility.

Analysis of tariffs, subsidies, and other restrictions on trade. International private capital flows, direct foreign investments. Introduction to Neoclassical Trade Theory, Gains from Trade in Neoclassical Trade Theory, The Basis for Trade: Factor Endowments and The Heckscher-Ohlin Model, Post Heckscher-Ohlin Theories of Trade and Intra Industry Trade, Economic Growth and International Trade, International Factor Movements, The Instruments of Trade Policy, The Impact of Trade Policies, Traditional Arguments fo Strategic Approaches to Trade Policy Interventions, The Balance of Payment Accounts, The Foreign Exchange Market, The Monetary and Porfolio Balance Approaches to External Balance, Price Adjusments and Balance of Payments Disequilibrium under the major exchange rate system.