2204 Topics in International Trade
Univ.Prof. Dr. Gabriel Felbermayr
Contact details
Weekly hours
Language of instruction
09/14/22 to 09/26/22
Registration via LPIS
Notes to the course
Day Date Time Room
Friday 10/14/22 03:00 PM - 06:15 PM D4.0.047
Friday 11/11/22 03:00 PM - 06:15 PM D4.0.047
Friday 11/18/22 03:00 PM - 06:15 PM D4.0.047
Monday 12/19/22 02:00 PM - 05:15 PM Extern
Friday 01/13/23 03:00 PM - 06:15 PM D4.0.047
Friday 01/20/23 03:00 PM - 06:15 PM D4.0.047
Friday 01/27/23 03:00 PM - 06:15 PM D4.0.047
Tuesday 02/07/23 09:00 AM - 10:30 AM D4.0.144

In this course we review the most recent developments in the international trade literature. The first half of the course tackles work horse models. After a brief review of classical two-sector models, the theoretical foundations and empirical basics of gravity equations are covered. Then, the course moves to a short introduction of trade models with heterogenous firms which lays the basic for the modern theory of multinational firms and the analysis of global value chains (GVCs). In the second half, the course moves to trade policy. First, it provides an overview of quantitative models of trade policy and their application. Then, it reviews the empirics of trade policy. The course turns to the political economy of trade policy including the recent backlash against globalization. It ends with a discussion of preferential trade agreements and the environmental impact of globalization.

Learning outcomes

The course should provide students with the necessary analytical tools to follow the advanced economic literature in the area of international trade. It always relates to empirics and trade policy applications. Students should be enabled to conduct own applied research so that they are well prepared for a carreer in academia, research institutes, ministries, international institutions, central banks, or interest representations. 

Attendance requirements

Attendance required.

Teaching/learning method(s)

Teaching/learning methods of this course consist of lectures, private studying of reading material, exercises and short student presentations.


Assessment depends on student discussions (20%), assignments (30%) and a final exam (50%).

Availability of lecturer(s)

Monday December 19, 2022 from 2 - 5.15 pm. Please note that this particular course session will be at the Austrian Institute of Economic Research (about 15 minutes’ walk from Vienna Central Station).

Arsenal, Objekt 20
A-1030 Vienna

Last edited: 2022-10-18