International Trade OpenCourseWare: MIT's Free Undergraduate Class on International Trade and Commerce

Published Feb 10, 2009

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How does a nation's government determine trade policy to maximize the benefits to its people? 'International Trade,' a free noncredit course offered through MIT's OpenCourseWare, can help students begin to get a handle on that. The noncredit undergraduate course follows a course that was part of the Bachelor in Science in Economics program.

International Trade: Course Specifics

Degree Level Free Audio Video Downloads
Undergraduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
No Yes Yes

International Trade: Course Description

Mirroring MIT's original course (which was part of the Bachelor of Science in Economics program), this course, originally taught by Professor Guido Lorenzoni, is comprised of downloadable assignments and exams, as well as a list of readings from the recommended textbook and copies of handouts to accompany the readings. OpenCourseWare materials for the fall 2006 version of this course (14.54 International Trade) are provided courtesy of Guido Lorenzoni. Students can study such topics as international finance (the movement of capital between countries), with some elementary tools that can assist in the comprehension of concepts like what factors influence the movement of goods between countries (international trade). In addition, international finance and trade theory was used with application to today's issues of policy. The recommended prerequisites are 'Principles of Microeconomics' and 'Principles of Macroeconomics,' which are both available through OpenCourseWare. Some topics of interest to today's students included in the course are globalization, free trade, our country's current account deficit (the difference between exports and imports) and the integration of the European Union into the global economy.

The reading list, assignments and exams are all available free on the course webpage. If you think you'd like to take this course, visit the international trade course page.

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