Master
2021/2022
International Trade and Development
Type:
Elective course (Financial Economics)
Area of studies:
Economics
Delivered by:
International College of Economics and Finance
When:
1 year, 3 module
Mode of studies:
offline
Open to:
everyone
Instructors:
Roman Zakharenko
Master’s programme:
Financial Economics
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
The course is divided into two major parts, Trade and Development. In the Trade part of the course,we will first review recent developments in the classical theories of trade based on comparative advantage of countries. Then, we will go over theories of trade with monopolistic competition and increasing returns to scale. Finally, we will discuss other recent research in international trade, such as theories of offshoring and multinational corporations,the effects of international ethnic networks on trade,the effects of trade on hostility between countries, and some others. The Development part of the course focuses on the study of effects of institutions and culture on economic development. There will be two segments in this section: the empirical and theoretical sections. Different approaches to understanding and modeling culture will be discussed. Prerequisites: One important prerequisite is a thorough knowledge of calculus. Aknowledge of trade theories at undergraduate level is also a plus, but is not essential.The working language in the course is English.
Learning Objectives
- The aim of the course is to introduce students to various aspects of modern theories of trade and development, with a focus on a formal theoretical and empirical analysis
Expected Learning Outcomes
- apply methods of analysis of data related to trade and development
- be able to explain and discuss the economic forces that drive international trade and international inequality in development
Course Contents
- Trade 1.1 Comparative Advantage and Trade 1.2 Monopolistic Competition and Trade 1.3 Other Topics in Trade
- Development 2.1 Empirical Research in Development 2.2 Theoretical Research in Development
Interim Assessment
- 2021/2022 3rd module0.2 * homeworks + 0.5 * final exam + 0.1 * in-class quizzes + 0.2 * presentation of an academic paper
Bibliography
Recommended Core Bibliography
- De Janvry, A., & Sadoulet, E. (2016). Development Economics : Theory and Practice. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1165371
- Rogoff, K. S., Helpman, E., & Gopinath, G. (2014). Handbook of International Economics. Oxford, England: North Holland. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=576373
Recommended Additional Bibliography
- Robert C. Feenstra. (2015). Advanced International Trade: Theory and Evidence Second Edition. Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.pup.pbooks.10615