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Curricular information is subject to change
On successful completion of this module, students should be able to
1. demonstrate general knowledge and understanding of international trade concepts,
2. illustrate and highlight the effects of international trade,
3. understand the theoretical models that underpin the models,
4. read critically the empirical literature,
5. apply critical analysis to the topics of the module, and
6. review the relevant literature and evidence.
Part I: Theoretical toolkit and its empirical backup
1. “Old” trade theories: Comparative advantage: Technological differences; Comparative advantage: Different factor endowments
2. “New” trade theories: Intra-industry trade, monopolistic competition, and homogenous firms; New economic geography; New economic geography model
3. “New new” trade theories: Monopolistic competition and heterogenous firms;
4. Gravity: The gravity equation: the empirics of international trade
Part II: Policy issues and recent developments
1. Trading in jobs: Trade, (un)employment, wages, and inequalities
2. Trading in innovation
3. International factor movements: Migration, multinational firms, and investment
4. Politics and trade: Trade wars and talks
Student Effort Type | Hours |
---|---|
Lectures | 24 |
Autonomous Student Learning | 70 |
Total | 94 |
Not applicable to this module.
Description | Timing | Component Scale | % of Final Grade | ||
---|---|---|---|---|---|
Continuous Assessment: To facilitate the discussion of the papers presented in the second part of the course, students must read and prepare the paper being presented and prepare questions and comments. | Throughout the Trimester | n/a | Pass/Fail Grade Scale | No | 10 |
Presentation: Presentation on paper assigned in beginning of the semester | Throughout the Trimester | n/a | Alternative linear conversion grade scale 40% | No | 20 |
Examination: Final exam | 2 hour End of Trimester Exam | No | Alternative linear conversion grade scale 40% | No | 70 |
Resit In | Terminal Exam |
---|---|
Summer | Yes - 2 Hour |
• Feedback individually to students, on an activity or draft prior to summative assessment
• Feedback individually to students, post-assessment
How will my Feedback be Delivered? Before the in-class presentation of a research paper, students can also ask for an oral feedback about their draft presentation. Students can ask for an oral or written individual feedback about their final exam via email.