Module Code: ECU44201/ECU44202
Module Name: International Trade
- ECTS weighting: 10/5
- Semester/term taught: Semester 1
- Contact Hours: 22 hours of lectures and 4 hours of tutorials
- Module Personnel: Lecturer – Professor Marvin Suesse
*Please note that the assessment details for modules are provisional at the moment. These will be updated to reflect assessment patterns for 2021/22 shortly
On successful completion of this course, students will be able to demonstrate:
- knowledge of classical and modern theories of international trade
- analytical skill in the evaluation of international trade policies
- capability in the interpretation of international trade data
Module Learning Aims
This is one of the classical subjects in economics and is an attractive module choice for senior sophister students that wish to develop analytical skills for interpreting a wide set of issues in international trade. The module provides a survey of all the main topics in international trade.
This module provides an introduction to international trade theory, which uses the standard tools of microeconomics to analyse economic interactions between countries. The subject asks questions such as: what determines the level and composition of trade between countries? What are the effects of trade on consumer welfare and income distribution? What are the effects of tariffs, quotas, and other trade policies? What are the causes and consequences of migration and foreign direct investment?
Recommended Reading List
Rob Feenstra and Alan M. Taylor, International Economics, Worth publishers.
Module Pre Requisite
SF Intermediate Economics
Students aiming for 10 ECTS will hand in one assignment, worth 30% of the final grade, and sit an exam at the end of the course. Students aiming for 5 ECTS will hand in two assignments of equal weighting.