Aims

To give students the theoretical and empirical elements needed to analyse economic relations.

Content and teaching methods

Content
Part I: The theory of international trade
1. National accounting and measuring the economy.
2. The productivity of work and comparative advantages: the model.
3. The productivity of work and comparative advantages: the Ricardian model.
4. Assessment and perspectives of the Ricardian model.
Part II: The exchange rate and international economic policy
1. The exchange rate and the exchange market.
2. Price levels and the exchange rate over a long period
4. The system of fixed exchange rates
5. and 6. Questions: answers, and important features of the subject.
Methodology
A professorial course.

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

Reference book: The course will be based on P.R. Krugman and M. Obstfeld, 1999, "Économie internationale", ed. De Boeck, 2nd French edition, 4th impression.

Other credits in programs