In Class News

April 5, 2021 at 2:53 pm

Fall 2021 | Understanding International Trade—without a Background in Economics

 

Export Or Import Directions On A Metal Signpost

The Economics Department is offering a new series of 11 courses aimed at the heart of current events, both social and economic.

All of these courses are at the 2000 level, and there are no prerequisites. These 3-credit courses are open to all Ohio University students.

ECON 2400: International Trade Relations and Applications

“I recently developed the ECON 2400: International Trade Relations and Applications course with the new OHIO general education requirements in mind, so the course targets a broad audience and is accessible to students from any discipline without a prior background in economics,” says Dr. Shamila Jayasuriya, associate professor of economics.

ECON 2400 examines some basic theories of international trade and their applications in the modern world. The emphasis is on application rather than theory.

A big portion of the course looks at international trade relations and policies in developed and developing countries with an emphasis on real-world applications. This includes a look at the role of the World Trade Organization (WTO) in providing a forum for negotiating trade agreements and settling trade disputes between member nations.

“I think students will find this to be a very useful course for two reasons,” Jayasuriya says. First, they will learn the extent of economic interdependence and the crucial and complex role international trade plays in the highly globalized world we live in today.

“Second, they will build economic reasoning skills that help analyze trade-related issues. For example, students will work on reading assignments based on case studies and newspaper articles and utilize their analytical skills to identify and address trade issues that face nations in the modern world.”

Shamila Jayasuriya, portrait

Dr. Shamila Jayasuriya

Offered in Fall 2021

ECON 2130: Current Economic ProblemsDr. Harold Winter will cover crime and punishment, racial discrimination, smoking and addiction, and health insurance, and other important social and economic problems that face society today.

ECON 2200: Introduction to Data Analysis using PythonDr. Olga Standrityuk introduces the Python programming language as a way to apply economic analysis and prediction techniques to real-world scenarios—as students develop policy recommendations based on real-world data sets. 

ECON 2400: International Trade Relations and ApplicationsDr. Shamila Jayasuriya will look at world trade patterns and trade policies of both developed and developing nations—including tariffs and non-tariff trade barriers, industrial policies, and regional trade agreements.

ECON 2510: Global and Local Food EconomiesDr. Julia Paxton will take a look at the global and local food economy, including global food production and demand in the developing regions of the world, environmental degradation, food security, and local food distribution networks.

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