International Trade
Code
2162
Academic unit
null
Department
null
Credits
7
Teacher in charge
Luís Manuel Moreira Campos e Cunha
Teaching language
English
Objectives
The course is on International Trade theory and policy. The first part is dedicated to positive economics, in explaining trade flows and international specialization. The second part is on welfare economics. There it is covered optimal policies under various circumstances. The level of the course is considered intermediate, as many students were never took a trade course. Some inroads will be taken towards more advanced technics.
Prerequisites
Subject matter
The course is on International Trade theory and policy, the first part is dedicated to positive economics, in explaining trade flows and international specialization, the second part is on welfare economics. There it is covered optimal policies under various circumstances. The level of the course is considered intermediate, as many students were never took a trade course. Some inroads will be taken towards more advanced technics.
Bibliography
Several papers will be referred during the course.
[HM] Husted, Steven and M. Melvin, International Economics, 8th edit, Pearson.[FT] R. Feenstra and A. Taylor, International Economics, 2nd edit, Worth.
[CFJ] Caves, Richard, J. Frankel and R. Jones, World Trade and Payments, 10th edit, Pearson International Edition.
[HS]Heffernan, S. and Sinclair, P. Modern International Economics, 1990, Blackwell
[KO) Krugman and Obstfeld, International Trade, 8th edt, Pearson
[BPS] Bhagwati, Panagariya and Srinivasan, Lectures on International Trade, 2nd edition, MIT Press.
Teaching method
Will teach (almost) all classes. Students are encouraged to select a topic to be presented in class. The Grader may teach one or two classes for solving some of the exercises that will be given to students along the course.
Evaluation method
The grade is based on a mid‐term (1/3) and a final exam (2/3). Students are encouraged to present a topic of choice to be presented in class and that is extra credit.