ECON42290 International Trade

Academic Year 2019/2020

The purpose of this module is to provide students with a good understanding of international trade analysis and to examine the consequences of globalization using the most recent developments in the field of international trade economics. Emphasis is placed on the importance of considering different theoretical models to describe the pattern of trade and to use them to deal with some of the main issues arising in the context of globalization, such as those related to labour market, environment or innovation.
The first part of the course will cover an overview of the main trade theories (“old”, “new” and “new new” trade theories, new economic geography, and gravity). Using these models, the second part of the course analyses various questions related to international trade economics (labour flows, wages, climate change, innovation, etc.). In each chapter, as far as it is possible, the presentation of theoretical contributions is accompanied by a comprehensive overview of the corresponding empirical validations.

It is recomended that students have a prior knowledge in microeconomics and basic econometrics.

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module, students should be able to demonstrate general knowledge and understanding of international trade concepts; demonstrate general knowledge and critical understanding of issues related to international trade and international trade policies; understand and manipulate simple economic models; read critically the empirical literature; apply critical analysis to the topics of the module; review the relevant literature and evidence.

Student Effort Hours: 
Student Effort Type Hours
Lectures

36
Autonomous Student Learning

90
Total

126
Approaches to Teaching and Learning:
The module is based on in-class lectures and student presentations. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Final Exam 2 hour End of Trimester Exam No Graded No

70
Presentation: In-class presentation Throughout the Trimester n/a Graded No

30

Carry forward of passed components
No
 
Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Students can ask for an oral or written individual feedback about their final exam, by appointment or email. Before the in-class presentation of a research paper, students can also ask for an oral feedback about their draft presentation.