B2206 - INTERNATIONAL ECONOMICS AND TRADE

Conoscenze e abilità da conseguire

The course aims at helping students navigate the realities of the global economy. The course will emphasize blending theory and data with real-world policies, events, and evidence. The course will discuss patterns of trade, the gains and losses from liberalizing or restricting trade, and the role of increasing returns. At the end of the course the student will be expected to become familiar with policy relevant questions concerning migrations, income distribution, multinational enterprises and ‘North-south’ issues. Protectionism, trade and the environment and the role of international institutions and agreements (the EU, the World Trade Organization (WTO)) will also be discussed.

Contenuti

The course presents the main models and the empirical evidence related to

1. Traditional trade theory, technology and comparative advantage (Ricardian Model)
2 Factor abundance and the Heckscher-Ohlin model, the effects of trade liberalisation of factor prices and on the structure of the economy
3. Increasing returns , monopolistic competition and intra-industry trade
4 Heterogeneous firms, trade and productivity and the gravity equation

 

Testi/Bibliografia

Robert Feenstra, Advanced International Trade, Princeton University press, 2016

Elhanan Helpman, Understanding Global Trade, Belknap Press, 2010

Pol Antràs, Global Production, Princeton University Press, 2016

Metodi didattici

Standard Lecture

Modalità di verifica e valutazione dell'apprendimento

Written exam 

Strumenti a supporto della didattica

Slides available on virtuale

Orario di ricevimento

Consulta il sito web di Roberto Golinelli