ECON 5520 - Multinational Firms: International Trade & Investment

This course emphasizes the microeconomic and macroeconomic aspects of Multinational Enterprises (MNEs). It builds on real-world examples, and in this context addresses government and public policies in home and host countries. From a microeconomic perspective, the course covers MNEs’ business objectives, market conditions, and decision making under market structures of monopoly, monopolistic competition and oligopoly, and aspects of international trade theory. From a macroeconomic perspective, the topics covered include theories and factors behind foreign direct investment (FDI) and the pros and cons of FDI with respect to home and host countries, including its effect on income distribution. Graduate students should register for ECON 6520 and will be held to higher standards and/or additional work.