This course explores topics in international trade. The first part focuses on the Ricardian and Heckscher-Ohlin models of comparative advantage, adjustment to trade shocks through the lens of the specific factors model, the Krugman model of intra-industry trade, and the Melitz model of firm heterogeneity. The final lectures study selected topics including foreign direct investment (FDI) and multinational firms, as well as trade policy. The course aims to strike a good balance between the discussion of theoretical models and relevant empirical studies.
No single textbook covers the entire course, but a useful reference is:
Feenstra, R.C. (2016): Advanced International Trade: Theory and Evidence, Second Edition, Princeton University Press.
Selected journal articles will be included in the syllabus.
| Frequency | Weekday | Time | Format / Place | Period |
|---|
| Module | Course | Requirements | |
|---|---|---|---|
| 31-M-El1 Elective Courses 1 Elective Courses 1 | Chosen course from the group "Specialisation and deepening of the knowledge on economic theory and/or quantitative methods" 4 LP | Student information | |
| 31-M-El2 Elective Courses 2 Elective Courses 2 | Chosen course from the group quantitative methods 4 LP | Student information | |
| 31-M-El3 Elective Courses 3 Elective Courses 3 | Chosen course from the group economic theory 4 LP | Student information | |
| 31-M-Macro3 Macroeconomics 3 Macroeconomics 3 | Macroeconomics 3 | Graded examination
|
Student information |
| 31-MM9 Macroeconomic Theory and Policy Makrotheorie und -politik | Außenwirtschaft | Graded examination
|
Student information |
| 31-MM9-WiMa Macroeconomic Theory and Policy Makrotheorie und -politik | Außenwirtschaft | Graded examination
|
Student information |
The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.
| Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
|---|---|---|---|---|---|---|---|
| Economics and Management (BiGSEM) / Promotion | Economics; Field Courses | 4 | |||||
| Studieren ab 50 | |||||||
| Wirtschaftswissenschaften - Angebote für Erasmus / Incomings (Master) |