Course code: 172729 | Subject title: INTERNATIONAL TRADE | ||||
Credits: 6 | Type of subject: Optative | Year: 4 | Period: 1º S | ||
Department: Economics | |||||
Lecturers: | |||||
GOMEZ GOMEZ-PLANA, ANTONIO (Resp) [Mentoring ] | ECHAVARRI AGUINAGA, REBECA [Mentoring ] |
Four blocks:
• Description of world trade.
• International Trade Theory.
• International Trade Policy.
• International Trade Negotiations and Institutions linked to International Trade Policies.
Course learning outcome 1 - RA1. Describe the international institutions linked to international trade and the basic rules driving multilateral exchanges.
Course learning outcome 2 - RA2. Differentiate the international trade basic theories.
Course learning outcome 3 - RA3. Predict the economic effects in international trade flows and other economic variables due to changes in demand and supply.
Course learning outcome 4 - RA4. Measure the economic effects of changes in trade policy.
Formative Activity | In-class hours | Out-class hours |
A-1 Lectures | 40 | |
A-2 Exercises | 20 | |
A-3 Debates, group dynamics | ||
A-4 Homework | 25 | |
A-5 Reading | 10 | |
A-6 Individual study | 48 | |
A-7 Exams | 05 | |
A-8 Individual office hours | 02 | |
Total | 67 | 83 |
Learning outcome | Evaluation Activity | Weight (%) | Failed Evaluation Activity |
R2, R10, RA1, RA2, RA3, RA4 | Two individual assessments in class | 35 + 35 | Recoverable. Those students with a grade lower than 5/10 points must retake the failed assessment/s. |
R2, R10, RA3, RA4 | Lab sessions | 30 | Not recoverable. |
The grade "No presentado" corresponds to students without evaluation activities. It also corresponds to the students who have done one or several evaluation activities but those activities do not include the second individual assessment or its retake exam.
Part I. International Trade: Main characteristics
• Unit 1. Introduction
• Unit 2. World Trade: An Overview
Part II. International Trade Theory
• Unit 3. The Ricardian Model
• Unit 4. The Heckscher-Ohlin Model
• Unit 5. The Standard Model
• Unit 6. External Economies of Scale
• Unit 7. Outsourcing and MNE
• Unit 8. Income Distribution and Migrations
Part III. International Trade Policy
• Unit 9. Instruments of Trade Policy
• Unit 10. International Negotiations
Access the bibliography that your professor has requested from the Library.
TEXTBOOK
First ten chapters of:
Krugman, P.R., Obstfeld, M., and Melitz, M.J. (2014): International Economics. Trade & Policy. 10th edition. Pearson Addison Wesley, Essex.
BLOG (in Spanish)
http://comerciointernacionalaggp.blogspot.com/
OTHER USEFUL TEXTBOOKS & COMPLEMENTS
Appleyard, D.R. and Field, A.J. (2013): International Economics. 8th edition. McGraw-Hill/Irwin, Boston.
Bowen, H.P., Hollander, A. and Viaene, J.-M. (2012): Applied International Trade. 2nd edition. Palgrave, Hants, UK.
Carbaugh, R.J. (2013): International Economics. 14th edition. South-Western Centage Learning, Mason.
Caves, R.E., Frankel, J.A. and Jones, R.W. (2007): World Trade and Payments. An Introduction. 10th edition. Pearson International, New York.
Eicher, T.S., Mutti, J.H. and Turnovsky, M.H. (2009): International Economics. 7th edition. Routledge, Oxon, UK.
Feenstra, R.C. and Taylor, A.M. (2014): International Economics. 3rd edition. Worth Palgrave Macmillan, New York.
Frankel, J. A. (2008): "The World Trading System and Development Concerns". In Serra, N. and Stiglitz, J. E. (eds.) The Washington Consensus Reconsidered. Towards a New Global Governance. Oxford University Press, Oxford.
Goode, W. (2007): Dictionary of Trade Policy Terms. 5th edition. Cambridge University Press, Cambridge.
Irwin, D. A. (2009): Free Trade under fire. 3rd edition. Princeton Universtity Press, New Jersey.
Irwin, D. A., Mavroidis, P.C. and Sykes, A.O. (2008): The Genesis of GATT. Cambridge Universtity Press, Cambridge.
Kerr, W.A. and Gaisford, J. D. (2007): Handbook on International Trade Policy. EdwardElgar, Cheltenham, UK.
Markusen, J.R., Melvin, J.R., Kaempfer, W.H. and Maskus, K.E. (1995): International Trade. Theory and evidence. McGraw-Hill, Boston.
Pugel, T. A. (2012): International Economics. 15th edition. McGraw-Hill/Irwin, New York.
Salvatore, D. (2016): International Economics. Trade and Finance. 12th edition. John Wiley & Sons, New Jersey.
Södersten, B. and Reed, G. (1994): International Economics. 4th edition MacMillan Press, London.
Van den Berg, H. (2012): International Economics. An Heterodox Approach. 2nd edition. M. E. Sharpe, London.
World Trade Organization (2011): World Trade Report 2011: The WTO and Preferential Trade Agreements. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr11_s.htm
World Trade Organization (2012): World Trade Report 2012: Trade and Public Policies. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr12_s.htm
World Trade Organization (2013): World Trade Report 2013: Factors Shaping the Future of World Trade. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr13_s.htm
World Trade Organization (2014): World Trade Report 2014: Trade and development: recent trends and the role of the WTO. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr14_s.htm
World Trade Organization (2015): World Trade Report 2015: Benefits and challenges of implementing the WTO Trade Facilitation Agreement. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr15_s.htm
World Trade Organization (2016): World Trade Report 2016: Levelling the trading field for SMEs. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr16_s.htm