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the domain of international macroeconomics, but not trade. It also raises the question of how trade acts as a transmission channel in generating a global business cycle. Researchers of both International Macroeconomics Schmitt-Groh´e1 Uribe2 Woodford3 This draft: July 31, 2019 [Chapters 12-16 are preliminary and incomplete.] 1Columbia University.E-mail: stephanie.schmittgrohe@columbia.edu. This monograph shows different economic analytical tools to understand and solve economic problems under different techniques and methodologies. We divide into two large sections this monograph such as (i) Section-1: international trade analytical