In the Department of Economic Development and International Economics, the economic theories of the differentiation of the development levels of countries are examined. In the courses offered in undergraduate and graduate programs, theories about the function of international trade in economic development are conveyed to students with an analytical and historical perspective with a critical perspective.
International Economics deals with the causes and consequences of economic transactions – such as trade and foreign direct investment – between countries.
Development Economics concerns specific questions about developing countries' problems and their causes. Both domestic and international factors are analyzed, such as market imperfections, formal and informal institutions, economic policy, and aid.