UCL - International Trade

[ECON2041]

[30h] 5 credits

Teacher(s): Fabio Mariani

Language: English

Level: Second

Aims
Main themes
Content and teaching methods
Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Aims

The goal of the course is to introduce students to the main economic mechanisms associated to international trade. At the end of the course students will be able to:
- understand the mechanisms of international trade;
- have a critical reasoning on the main issues of international trade, such as market liberalization and the distribution of the gains from trade.
- understand the instruments of trade policy, their justifications and their effects
- understand the firm-level issues related to trade.

Main themes

The course deals with the most important models and concepts of international trade, in particular:
- classical theory of international trade
- new trade theory
- analysis of trade policies
- international trade and development

Moreover the course covers institutional aspects of international trade, such as the functioning of WTO and the trade policies of the EU.

Content and teaching methods

Content of the course :
International trade
Impact of trade flows on national economies, gains from trade, trade under perfect and imperfect competition.
Trade policies
Trade instruments and policies, effects on national economies.

Methods:
lectures held by the professor, case-studies, discussions in class.

Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Intermediate Microeconomics course

Oral exam, active participation to discussions in class.