Syllabus

Title
6090 International Trade: Theory and Policy
Instructors
Christoph Hammer, M.Sc.
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
02/07/19 to 02/19/19
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Tuesday 03/05/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 03/12/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 03/19/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 03/26/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 04/02/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 04/09/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 05/07/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 05/14/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 05/21/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 05/28/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 06/04/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 06/18/19 03:30 PM - 05:30 PM TC.5.18
Tuesday 06/25/19 03:30 PM - 05:30 PM TC.5.18

Contents

Topics that will be covered are:

  • Stylized facts about world trade
  • Myths surrounding trade and trade policy
  • Why is there trade between different and between similar countries?
  • Who are winners and losers from trade?
  • What is the WTO and how does it influence trade?
  • What are the tools of trade policy and how do they affect countries and firms?
  • Why are there trade negotiations, free trade areas, customs unions and how do they work?
  • How are trade disputes settled?
  • Actions of governments that are faced with "unfair" trade practices such as dumping or export subsidies.
  • Short overview of current topics such as Brexit, TPP, etc.

Learning outcomes

After completing this course, students will have a good knowledge of the most important theories and models of international trade. They will be able to apply them to real world issues and questions of economic policy relevance.
 

Attendance requirements

Attendance is mandatory but you may miss 2 units.

Teaching/learning method(s)

Classic lectures, one data assignment (home work), readings and discussion on current topics.

Assessment

You can earn 100 points in total:

  • 30 points on a midterm test
  • 30 points on a final exam
  • 20 points on quizzes (small written exams on the topic of the last lesson respectively)
  • 20 points on short essay(s) on different (current) topics

Readings

1 Author: Feenstra, R.C. and Taylor, A.M.
Title:

International Economics


Publisher: New York: Worth Publishers
Edition: Fourth edition
Year: 2017
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book

Recommended previous knowledge and skills

  • Applied Microeconomics: knowledge of different market forms, concepts of demand and supply, consumer and producer surplus
  • International Macroeconomics would be advantageous: basic knowledge of the current account and institutions

Availability of lecturer(s)

Please feel free to get in touch with the lecturer via email. If you wish to meet personally, please ask for an appointment via email.

Last edited: 2018-11-22



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