5.0 credits
30.0 h
2q
Teacher(s)
Vannoorenberghe Gonzague ;
Language
Anglais
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.
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.
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
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
Intermediate Microeconomics course
Oral exam, active participation to discussions in class.
Faculty or entity<
