Universität Wien
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040168 KU International Economics (MA) (2022S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Depending on the evolution of the pandemic and the corresponding regulation by the University of Vienna, the course will take place in the following formats (ranked by preference, and subject to feasibility): (1) physical presence, (2) hybrid format, (3) online.

  • Dienstag 01.03. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 08.03. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 15.03. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 22.03. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 29.03. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 05.04. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 26.04. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 03.05. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 10.05. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 17.05. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 24.05. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 31.05. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 14.06. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Montag 20.06. 09:45 - 11:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 21.06. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Dienstag 28.06. 16:45 - 18:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

The course will cover the most important models in the field of international economics, as well as the related empirical evidence and applications to questions of interest in economics and policy debates. At the end of the course, students will have developed the skills needed to understand the major forces driving international trade in goods and assets, as well as their impact on welfare.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Evaluation will be based on a mid-term exam (35%), a final exam (35%), and a term paper (30%).
For midterm and final exams, no materials (computer, notes, books, etc.) will be allowed.

Mindestanforderungen und Beurteilungsmaßstab

Students should prove a good command (at least 50%) of the course’s topics. 50% - 60% implies a 4; 60% - 70% a 3; 70% - 85% a 2; above 80% a 1.

Prüfungsstoff

The topics treated are international trade (gravity, comparative advantage, increasing returns, heterogeneous firms) and international finance (current account, capital markets and their imperfections, financial crises).

Literatur

Trade:

- Anderson, J.E. and E. van Wincoop (2002): “Gravity with Gravitas: A Solution to the Border Puzzle,” American Economic Review, 93(1), pp. 170-192
- Krugman, P.R. (1987): “The Narrow Moving Band, the Dutch Disease, and the Competitive Consequences of Mrs. Thatcher: Notes on Trade in the Presence of Dynamic Scale Economies,” Journal of Development Economics, 27, pp. 41-55
- Obstfeld, M. and K. Rogoff (1996): Foundations of International Macroeconomics, MIT Press, Chapter 4, pp. 235-256 (OR)
- Davis, D.R. (1998): “Does European Unemployment Prop Up American Wages? National Labor Markets and Global Trade,” American Economic Review, June, 88(3), pp. 478-494
- Helpman, E. and P.R. Krugman (1985): Market Structure and Foreign Trade, MIT Press, chapter 1
- Trefler, D. (1993): “International Factor Price Differences: Leontief Was Right!” Journal of Political Economy, Dec., 101(6), pp. 961-987
- Costinot, A., D. Donaldson, M. Kyle and H. Williams (2019): “The More We Die, the More We Sell? A Simple Test of the Home-Market Effect,” Quarterly Journal of Economics
- Krugman, P.R. (1979): “Increasing Returns, Monopolistic Competition, and International Trade,” Journal of International Economics, November 9 (4), pp. 469-479
- Krugman, P.R. (1980): “Scale Economies, Product Differentiation, and the Pattern of Trade,” American Economic Review 70, pp. 950-959
- Krugman, P.R. (1981): “Intra-industry Specialization and the Gains from Trade,” Journal of Political Economy, 89 (5), 959-974
- Bernard, A.B., J.B. Jensen, S.J. Redding and P.K. Schott (2007): “Firms in International Trade,” Journal of Economic Perspectives, 21(3), pp.105-130
- Melitz, M.J. (2003): “The Impact of Trade on Intra-industry Reallocations and Aggregate Industry Productivity,” Econometrica, 71, pp. 1695-1725
- Trefler, D. (2004): “The Long and Short of the Canada-U.S. Free Trade Agreement,” American Economic Review, 94, pp. 870-895

Finance:

- OR: chapters 1-3, 5-7,
- Obstfeld, M. and K. Rogoff (2001): “The Six Major Puzzles in International Macroeconomics. Is There a Common Cause?” NBER Macroeconomics Annual 2000.
- Broner, F., A. Martin, and J. Ventura (2010): “Sovereign Risk and Secondary Markets,” American Economic Review, 100(4).
- OR: chapter 6.
- Chang, R. and A. Velasco (2001): “A Model of Financial Crises in Emerging Markets,” Quarterly Journal of Economics, May: 489-517.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mi 15.06.2022 13:08