040842 VO International Trade (BA) (2020S)

Track in Macroeconomic Policy

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften

This is a course for BA students in economics. Good knowledge of microeconomics at the BA level (consumption and production theory, imperfect competition, basic concepts of general equilibrium) are required.

Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

Language: English

Examination dates

Lecturers

Alejandro Cunat

Classes (iCal) - next class is marked with N

Monday 02.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 09.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 16.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 23.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 30.03. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 20.04. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 27.04. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 04.05. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 11.05. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 18.05. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 25.05. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 08.06. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 15.06. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Monday 22.06. 13:15 - 14:45 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

The course is an introduction to international trade at the BA level. No previous knowledge of trade theory is required. Previous knowledge of microeconomics at the intermediate level is required. The goal of the course is to make students familiar with the basic theories and empirical findings in modern international trade. This should enable them to understand and analyze phenomena related to the globalized economy as well as policy issues.

I will hold virtual office hours in the afternoon of Mondays to discuss the materials (lectures, problem sets) posted in moodle.

Assessment and permitted materials

The evaluation will be based on a final exam. The exam will be online and with open books.

Minimum requirements and assessment criteria

Students are expected to have a good command of at least 50% of the course’s material in order to obtain a passing grade.

Examination topics

We will discuss the most important workhorse models of international trade, such as the Armingotn model (and the gravity equation), Ricardian model (country-sector productivity differences), the Heckscher-Ohlin model (international differences in factor endowments), the Krugman model of intra-industry trade (increasing returns and imperfect competition) and the Melitz model (firm heterogeneity). We will also cover topics on multinationals, trade policy and economic geography.

Reading list

Appleyard, Field, and Cobb (2007): International Economics, 6th Edition, McGraw-Hill. (AF)
Krugman, Obstfeld und Melitz (2012): Internationale Wirtschaft, 9. Auflage, Pearson. (KO)

AF: chapters 1-10, 13-15, 17
KO: chapters 1-6, 8-10

Association in the course directory

Last modified: Fr 12.05.2023 00:13