People Innovation Excellence
 

INTERNATIONAL TRADE (4 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: Explain principal and supporting theories in international trade; Apply theoretical models of international trade in analysing real-world trade problems through qualitative and quantitative analysis; Apply theoretical models of international trade in implementing trade policies through qualitative and quantitative analysis.

Topics:

  1. Introduction : What is international economics about?;
  2. International Trade : Patterns of Trade;
  3. World Trade: An Overview – Who Trades with Whom?;
  4. World Trade: An Overview – What Do We Trade?;
  5. Labor Productivity and Comparative Advantage: The Ricardian Model-1;
  6. Labor Productivity and Comparative Advantage: The Ricardian Model-2;
  7. Specific Factors and Income Distribution : Introduction;
  8. Specific Factors and Income Distribution : International Labor Mobility;
  9. Resources and Trade: The Heckscher-Ohlin Model : Introduction;
  10. Resources and Trade: The Heckscher-Ohlin Model : Resources and Output;
  11. The Standard Trade Model : Preview;
  12. The Standard Trade Model : The Welfare Effects of Changes in the Terms of Trade;
  13. The Standard Trade Model : Import Tariffs and Export Subsidies;
  14. The Standard Trade Model : International Borrowing and Lending;
  15. External Economies of Scale and the International Location of Production-1;
  16. External Economies of Scale and the International Location of Production-2;
  17. Firms in the Global Economy: Export Decisions, Outsourcing, & MNE-1;
  18. Firms in the Global Economy: Export Decisions, Outsourcing, & MNE-2;
  19. Firms in the Global Economy: Export Decisions, Outsourcing, & MNE-3;
  20. Firms in the Global Economy: Export Decisions, Outsourcing, & MNE-4;
  21. The Instruments of Trade Policy: Preview;
  22. The Instruments of Trade Policy: Import Quota;
  23. The Political Economy of Trade Policy : Preview;
  24. The Political Economy of Trade Policy : Median Voter;
  25. Trade Policy in Developing Countries : Developing countries;
  26. Trade Policy in Developing Countries : Trade Liberalization.

Published at : Updated

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