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Master's Program

International Trade and Economic Cooperation (IT & EC)

Academic Goals and Program Characteristics

As the trend of globalization progresses, trade-related problems have emerged as a core issue in the international arena. Bilateral and multilateral negotiations on trade-related issues take place all over the world. Under these circumstances, economic policies can be effective only when they consider the international dimension. In the globalizing world, competition is expected to become more severe as all of the economies in the world integrate into a single economic system. On the other hand, the importance of international economic cooperation and policy coordination must also be stressed for harmonious development.Read More ¡·

Selected Courses

Courses List
Major Required Courses Selected Major Elective Courses
Applied Economics

This course is primarily designed to introduce the principles of economics in a practical way for those students who have not previously taken any rigorous economics courses. Accordingly, emphasis will be placed on the economic way of thinking, and on practical issues, rather than on mathematical details. After taking this course, it is hoped that the students will understand and be able to develop their own views on economic issues that appear in the news media, albeit rudimentary.

International Economics

This course will introduce both the microeconomic and macroeconomic issues relevant to economic relations among countries. The microeconomic issues of international trade will include such topics as why countries trade, how the gains from trade are distributed, and the instruments and political economy of trade policy.

Comparative Trade Policy

The main aim of this course is to offer students an integrated treatment of theory, policy and enterprises in international trade. For this, basic knowledge on international trade including the important classical and modern trade theories will be briefly reviewed.

Economics of Regional Integration

The main objective of this course is to examine the kinds of relationships that have existed between regional economic integration and global trade liberalization, mainly since the end of World War II. To do this, this course reviews how nations have cooperated through the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO).

Theory and Policy of International Trade

This course provides basic knowledge on international trade and explores the classical and modern theories of comparative advantage, economies of scale, imperfect competition, intra-industry trade, factor movements and multinational corporations.

Globalization, Trade and Development

This course is designed to provide students with the knowledge of globalization and its relation to both international trade and economic development. The course also deals with issues of economic development in relation to trade which may be crucial to the economic growth of many developing countries.


The major aim of the course is to introduce students the nature and scope of international (multinational) corporations (hereafter MNC), and the determinants and consequences of foreign direct investment (hereafter FDI) and MNC activity.

Chinese Economy

This course considers the extent to which China's particular development experience can challenge our analytical understanding of the foundations of market systems, and the process of institutional and structural change.

Economics of Europe

The main objective of this course is to give students a greater understanding of the European economies, certainly consisting of some of the major economies in the world.

International Trade and Commercial Law

This course provides an introduction to the law and institutions of the multilateral trading system, namely the World Trade Organization (WTO). It also introduces its main structural characteristics and principles such as Most-Favored-Nation treatment (MFN) and National Treatment (NT).

International Business

This course focuses on the strategic challenges confronting firms that compete in the global economy. It deals with the strategic management of firms that operate in the environment of international business.

International Finance

This course extends the principles of financial management and investment analysis to the international environment. The course presumes that students have prior knowledge of international economics and corporate finance such as the determinants of exchange rates, the capital asset pricing model and capital budgeting.

Theory and Practice of Negotiation

This course is designed to equip students with the basic theories and skills of negotiation, and introduce them to newly developed approaches to negotiation, and focuses on how they can improve their negotiation skills and outcomes.


This course is designed to provide students with advanced knowledge of statistical and econometric methods. However, the class will not go into all of the theories, rather focusing on the rich area of economic applications. Thus, the emphasis is on intuition, applicability and practices, but not on pure theory. To complete the course, participants have to be familiar with statistical programs like STATA and/or EViews.

Strategies of Development Assistance Projects

The course will examine specific development issues in the context of strategies for development projects.

Economics of Development

The purpose of this course is to explore both the causes of poverty and prosperity among individuals and nations, and the nature of economic growth and development.

¡¶ Courses List