Universität Wien

040168 KU International Economics (MA) (2023S)

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

Date of midterm exam: May 2nd 16:45-18:15 (OMP HS13)
Date of final exam: June 6th 16:45-18:15 (OMP HS13)

  • Dienstag 07.03. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 14.03. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 21.03. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 28.03. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Freitag 31.03. 09:45 - 11:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 18.04. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 25.04. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 02.05. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Freitag 05.05. 09:45 - 11:15 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 09.05. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 16.05. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 23.05. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Freitag 26.05. 09:45 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 06.06. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 13.06. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 20.06. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 27.06. 16:45 - 18:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

The course covers some of the most important issues in international economics. It will discuss the related theoretical and empirical approaches, and apply them to questions of interest in 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 85% a 1.

Prüfungsstoff

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

Literatur

Anderson, J.E., & E. van Wincoop (2002): “Gravity with Gravitas: A Solution to the Border Puzzle,” American Economic Review, 93(1), pp. 170-192
Anderson, J.E. (2011): “The Gravity Model,” Annual Review of Economics, 3(1), pp. 133-160
Jacks, D.S., C.M. Meissner & D. Novy (2011): “Trade Booms, Trade Busts, and Trade Costs,” Journal of International Economics, 83, pp. 185-201
Bernhofen, D.M. & J.C. Brown (2004): “A Direct Test of the Theory of Comparative Advantage: The Case of Japan,” Journal of Political Economy, 112(1), pp. 48-67
Eaton, J., & S. Kortum (2002): “Technology, Geography, and Trade,” Econometrica, 70, 5, pp. 1741-1779
Eaton, J., & S. Kortum (2012): “Putting Ricardo to Work,” Journal of Economic Perspectives, 26(2), pp. 65-90
Obstfeld, M., & K. Rogoff (1996): Foundations of International Macroeconomics, MIT Press, chapter 1,2,4-9
Costinot, A., D. Donaldson, M. Kyle & H. Williams (2019): “The More We Die, the More We Sell? A Simple Test of the Home-Market Effect,” Quarterly Journal of Economics, 134(2), pp. 843-894
Brülhart, M. (2009): “An Account of Global Intra-industry Trade, 1962–2006,” World Economy 32(3), PP. 401-459
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., & A.J. Venables (1995): “Globalization and the Inequality of Nations,” Quarterly Journal of Economics, 110(4), pp. 857-880
Bernard, A.B., J.B. Jensen, S.J. Redding & 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
Melitz, M.J., & D. Trefler (2012): “Gains from Trade when Firms Matter,” Journal of Economic Perspectives, 26(2), pp. 91-118
Acemoglu, D. (2009): Introduction to Modern Economic Growth, Princeton University Press, chapter 19
Acemoglu, D., & J. Ventura (2001): “The World Income Distribution,” Quarterly Journal of Economics, 11(2), pp. 659-694
Krugman, P.R. (1979): “A Model of Innovation, Technology Transfer, and the World Distribution of Income,” Journal of Political Economy, 87(2), pp. 253-266
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
Ventura, J. (1997): “Growth and Interdependence,” Quarterly Journal of Economics, 112, pp. 57-84
Cuñat, A., & R. Zymek (2023): “Bilateral Trade Imbalances,” https://sites.google.com/site/alecunat/research
Lane, P., & G.M. Milesi-Ferretti (2008): “International Investment Patterns,” Review of Economics and Statistics, 90(3), pp. 538-549
Obstfeld, M., & K. Rogoff (2001): “The Six Major Puzzles in International Macroeconomics. Is There a Common Cause?” NBER Macroeconomics Annual 2000
Broner, F., A. Martín & J. Ventura (2010): “Sovereign Risk and Secondary Markets,” American Economic Review, 100(4), pp.1523-1555
Broner, F., & J. Ventura (2016): “Rethinking the Effects of Financial Globalisation,” Quarterly Journal of Economics, pp. 1497-1542
Chang, R., & A. Velasco (2001): “A Model of Financial Crises in Emerging Markets,” Quarterly Journal of Economics, pp. 489-517
Lorenzoni, G. (2014): “International Financial Crises,” in Gita Gopinath, Elhanan Helpman and Kenneth S. Rogoff (eds.), Handbook of International Economics, 4, chapter 12, pp. 689-740
Morris, S., & H.S. Shin (1998): “Unique Equilibrium in a Model of Self-fulfilling Currency Attacks,” American Economic Review, 88, pp. 587-597

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 08.05.2023 15:26