Punjab College of Technical EducationCourse ModuleMBA –IB (3
Semester)Subject: International Trade and EconomicsCode: MBAIB 301Tests: 04Case Study: 03Assignment: 02Total lectures: 38Weightage of Internal Assessment
:MSE – 15 Marks Tests – 5 MarksPresentation – 10 MarksCase study – 5 MarksAssignment- 5 Marks
Course Instructor – Deepa KapoorCourse Objectives:
The objectives of this course are to help you gain toolsthat will enable you to systematically think about issues in internationaleconomics. The course will cover two main areas in international economics:international trade and international development.
will cover: development of trade among nations;theories of trade; policies, factor endowments, trends, and barriers totrade.
will cover basic development topicssuch as: the role of free trade, foreign aid, and institutions foreconomic growth and development.
S.No.Topics To Be CoveredAssignmentTestCaseStudy1
Introduction to class about the subject-Relevance, Topics to be covered, Requirementsof the course.2
Theories of Trade
-Adam Smith’s The Law of Absolute CostAdvantage
Trade occurs between two countries if one of them has an absolute advantage