AØKA08062U International Trade and Investment: Theory and Policy
Volume 2013/2014
Education
MSc in Economics
Content
General and partial equilibrium trade theory, empirical results, political economy, organization of the multinational firm, application of trade theory to the globalization process.
- Introduction to the course
- Discussion – the Globalization process (supplementary)
- The Ricardian Model and two-sector, two-factor model
- The Heckscher-Ohlin Model
- Many goods and factors
- Trade in intermediate inputs and wages
- Gains of trade and the WTO (supplementary)
- Political Economy of Trade Policy
- Multinationals and the Organization of the Firm
- Discussion – the Globalization process (supplementary)
- Summary
Learning Outcome
The objective of this
graduate-level course is to equip students with in-depth
understanding of the theory of international trade and expose them
to most recent theoretical and empirical research in this area so
that they can understand articles in academic and policy journals
in the field. Models seeking to explain the causes, patterns and
consequences of international trade are presented graphically and
derived mathematically. Empirical studies of these models are
examined and criticized on their ability to confirm or refute
predictions of the model. The political economy of trade policy and
the organization of the multinational firm are studied, including
the evolution from multinational corporation to globally integrated
enterprise. At the beginning and the end of the course, it is
discussed how the theories relate to the ongoing globalization
process.
Literature
Required readings:
- Robert C. Feenstra (2004) Advanced International Trade: Theory and Evidence – chapters 1, 2, 3, 4, 5, 9 and 11.
- Sam J. Palmisano ‘The Globally Integrated Enterprise’, Journal of Foreign Affairs May/June 2006.
Supplementary Readings :
- ‘6 Truths from 2006 - The Search for a Post-Financial Crisis Paradigm for Globalization', presentation by Tim Mondorf at Copenhagen University, Department of Political Science Summer School on China 10th of August 2012 (powerpoint).
- Robert C. Feenstra (2004) Advanced International Trade: Theory and Evidence Chapter 6
- WTO Annual Report 2012 Chapter 3 ‘Trade Negotiations’
- Multilateralism at a Cross-Roads’, speech by WTO Director General Pascal Lamy 26th of June 2012
Academic qualifications
Mandatory courses from
B.Sc.
Teaching and learning methods
3 hours of lectures per week
for 14 weeks.
Workload
- Category
- Hours
- Exam
- 3
- Lectures
- 42
- Preparation
- 161
- Total
- 206
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Exam (Written)
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationWritten examination takes place at Peter Bangs Vej 36
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
100 % censurship
- Exam period
- Will be updated before the start of the semester
- Re-exam
- Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The Student must in a satisfactory way demonstrate that he/she
has mastered the learning outcome of the
course.
Course information
- Language
- English
- Course code
- AØKA08062U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- Autumn (week 36-50)
- Course capacity
- No limits
- Continuing and further education
- Price
- 320 DKK per ECTS
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Andreas Fensholm (3-696e6d487b69756e36737d366c73)
Lecturers
Joakim Gullstrand, mail: joakim.gullstrand@nek.lu.se
Saved on the
28-06-2013