Syllabus

Title
6090 International Trade: Theory and Policy
Instructors
Christoph Hammer, M.Sc.
Contact details
christoph.hammer@wu.ac.at
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
Elective Course I - International Economics and Development
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

On this page:

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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.
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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.
 
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Attendance requirements

Attendance is mandatory but you may miss 2 units.

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Teaching/learning method(s)

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

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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
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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
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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
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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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