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.Study Unit 1: Exess Demand and Supply
Demand for Imports and Supply of Exports

      Cooperative Learning 


Learning Objectives for this Study Unit

         

        Type of Knowledge Specific Learning Objectives for Unit 1
        Content After studying this unit you should be able to explain why countries trade, by using supply and demand curves. You should also be able to explain and to measure the welfare effects of trade on different countries, by using consumer and producer surpluses. 
        Research Skills Exposure to a Research Design. Asking a researchable question in international economics.
        Oral Communication na
        Written Communication na
        Social Awareness Integrating values with analysis: normative economics and positive economics. An application to the globalization debate.
        Computational Skills Using the Web

         

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