International Microeconomics
International trade theory and policy: Comparative advantage and the gains from trade. Specific factors model. Hecksher-Ohlin trade theory. Factor accumulation and technological progress in inter-industry trade. Factor mobility. Tariffs and non-tariff barriers.

International Macroeconomics
International finance and open economy macroeconomics: Exchange rate and foreign exchange market. International Monetary System. Elasticity, Absorption and Monetary Approaches to the Balance of Payments. Macroeconomic Policy in an Open Economy.

WTO & Trade Policy
Dispute settlement. Antidumping laws. Subsidies, countervailing duties, and safeguards. Trade in agriculture, services. TRIPs. Trade & investment. Trade & developing countries. Trade & the environment. Trade & competition policy.

Best students receive Joint Certificate by Centre for Trade Policy and Law (Canada, Carleton University) and Yerevan State University