International economics uses the same fundamental methods of analysis as other branches of economics because the motives and behavior of individuals are the same in international trade as they are in domestic transactions. The subject matter of international economics consists of issues raised by the special problems of economic interaction between sovereign states. The themes recurring throughout the study of international economics are: the gains from trade, the pattern of trade, protectionism, the balance of payments, exchange rate determination, international policy coordination, and the international capital market. The economics of the international economy can be divided into two broad subfields: the study of international trade and the study of international money. International trade analysis focuses primarily on the real transactions in the international economy, on those transactions that involve a physical movement of goods or a tangible commitment of economic resources. International monetary analysis focuses on the monetary side of the international economy.
Lecturer: Diana Sabotinova, PhD
- Преподавател: проф. д-р Диана Съботинова