• The real theory of trade and investment in both static and growth models, including the effects of trade and investment on income distribution within and across countries, on growth and the composition of output, and on relative prices and terms of trade
• The theory and measurement of the effects of tariffs, quotas, and other commercial policies
• The theory of international finance and the balance of payments in its relationship to employment and inflation policies in developed and less developed economies
• The evolution, present state, and proposed changes of the international monetary system
• The role of multinational corporations in determining the pattern and terms of trade among developed and less developed economies

Required Course Work

Economics 86100 (International Trade Theory and Policy) and
Economics 86200 (International Macroeconomics and Finance) are required.

Other useful courses include:
Economics 81100, Monetary Theory and Policy
Finance 77000, International Financial Markets and Institutions
Finance 77100, International Corporate Finance
Economics 84100 Economic Development I
Economics 84200 Economic Development II

Faculty Members and Areas of Research Interest

Omar Azfar (John Jay), Economic Development
Peter Chow (City), Economic Development, International Trade
Jonathan Conning (Hunter), Economic Development
Partha Deb (Hunter), Economic Development
Harvey Gram (Queens), International Economics
Peter Gutmann (Baruch), International Trade, International Finance
Hugo M. Kaufmann (Queens), International Finance, European Community
Mitchell Kellman (City), International Trade, Economic Development
Robert E. Lipsey (Emeritus), International Economics
Alvin Marty (Baruch), Open-Economy Macroeconomics
Sangeeta Pratap (Hunter), Development
Carl Riskin (Queens), Development
Yochanan Shachmurove (City), International Finance
Akinori Tomohara (Queens), International Economics
Merih Uctum (Brooklyn), International Finance
Additional Research Areas