ECON42140 International Trade

Academic Year 2022/2023

The purpose of this course is to enable students to obtain a good understanding of international trade theory and to examine the effects of trade policies. The module covers some of the main issues related to international economics such as labour, environment or innovation.
The first part of the course will provide an overview of the main trade theories (comparative advantage, “new” and “new new” trade theories, gravity, and firm heterogeneity). Using these models, the second part of the course analyses various questions arising in the context of international economics (labour and capital flows, environment, and innovation).

As prerequisites, students should have good knowledge in microeconomics and econometrics, and are expected to have followed Microeconomics, Econometrics, as well as Industrial Economics.

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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module, students should be able to demonstrate general knowledge and understanding of international trade concepts; demonstrate general knowledge and critical understanding of issues related to international trade and international trade policies; understand and manipulate simple economic models; read critically the empirical literature; apply critical analysis to the topics of the module; review the relevant literature and evidence.

Indicative Module Content:

Student Effort Hours: 
Student Effort Type Hours
Autonomous Student Learning






Approaches to Teaching and Learning:
The module is based on lectures and student presentations 
Requirements, Exclusions and Recommendations

Not applicable to this module.

Module Requisites and Incompatibles
Not applicable to this module.
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % 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


Presentation: Presentation on paper assigned in beginning of the semester Throughout the Trimester n/a Alternative linear conversion grade scale 40% No


Examination: Final exam 2 hour End of Trimester Exam No Alternative linear conversion grade scale 40% No


Carry forward of passed components
Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• 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?

How will my Feedback be Delivered? Students can ask for an oral or written individual feedback about their final exam, by appointment or email. Before the in-class presentation of a research paper, students can also ask for an oral feedback about their draft presentation and report

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Thurs 09:00 - 10:50