This course will provide students with the analytical tools that are essential to understand the process of globalization through the international trade in goods. Lectures will focus on the key topics that are at the center of the policy debate: why do countries open to trade? What are the effects of free trade on the process of economic development and inequality? Why do countries restrict the exchange of goods, and what can we say about the effects of protectionism on trade and welfare? At the end of the course, students are expected to have a good knowledge of the mechanisms and predictions from the traditional models of trade, and from the New Trade Theory. Students will also be able to read research articles that can be used for the writing of policy notes.
This course will provide students with the analytical tools to analyze the impact of trade liberalization on trade flows and welfare. The lecture review the theories of international trade covering recent areas of research such as heterogeneous firms trade models and trade costs. The lecture aims to emphasize the significance of different theories and how they are interrelated. It then proceeds with an analysis of trade policies with a particular focus on the recent trade war between the U.S. and China and provide key elements to understand the determination of important policies.
This lecture covers advanced topics in international economics with a special emphasis on quantitative techniques employed ininternational trade. This course is divided into two main components: the first part introduces important concepts and provides the therotetical foundations of the structural gravity equation. The second part deals with partial and general equilibrium trade policy analysis with structural gravity