Level
Bachelor's degree
ECTS
2,5 credits
Component
Collège Etudes Européennes et Internationales (EEI)
Number of hours
20h
Semester
Autumn
Description
Course Outline
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Introduction : Globalization, specialization, stylized facts, the gravity model
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Chapter 1 : Labor productivity and comparative advantage: The Ricardian model
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Chapter 2 : Resources and Trade: The Hecksher-Ohlin-Samuelson (HOS) Model
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Chapter 3 : The ``new trade theories''
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Chapter 4 : Inequalities, protection and trade policy
Objectives
- To become familiar with the issues raised by the second wave of globalization, and with measures of intra- and inter-industry trade;
- To introduce you to the gravity model, traditional trade theories, and the "new trade theory";
- To help you better understand contemporary trade patterns, current policy debates on free trade, regionalism, protectionism, and the impact of trade on well-being and inequality;
- To work with different indices to measure the characteristics of trade patterns.
Knowledge check
Written examination
