105.623 International Trade Theory and Policy 1
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2023S, VO, 2.0h, 3.0EC
TUWEL

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to

  • present the economic effects of free trade, its restrictions and various trade policy measures and
  • interpret, assess and compare results from various applied models, both in terms of their assumptions and limitations and the effects shown, quantitatively and qualitatively.

Subject of course

The following issues in international trade theory and policy will be dealt with in the course:


1. Introduction to the basic questions and problems
2. The Instruments of Trade Policy (tariffs, subsidies, strategic trade policy)
3. Labour Productivity and Comparative Advantage: The Ricardian Model
4. Specific Factors Model and Income Distribution
5. Resources and Trade: The Heckscher-Ohlin Model
6. Economies of Scale, Imperfect Competition, and International Trade
7. Heterogenous Firms and Trade
8. Analysis of global Value Chains

Teaching methods

Methodologically, the course is strongly based on microeconomic concepts. These are in particular analyses based on market supply, demand and market equilibrium concepts and related consumer and producer surplus calculations. Furthermore, neoclassical utility and production functions are introduced which are used within the framework of general equilibrium models. Based on this simple model calculations are created and presented.

Mode of examination

Written

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Tue09:00 - 11:0007.03.2023 - 27.06.2023Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
International Trade Theory and Policy 1 - Single appointments
DayDateTimeLocationDescription
Tue07.03.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue14.03.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue21.03.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue28.03.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue18.04.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue25.04.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue02.05.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue09.05.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue16.05.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue23.05.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue06.06.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue13.06.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue20.06.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1
Tue27.06.202309:00 - 11:00Sem.R. DB gelb 05 A 105.623 International Trade Theory and Policy 1

Examination modalities

written exam

Course registration

Begin End Deregistration end
31.01.2023 00:01 29.06.2023 23:59 29.06.2023 23:59

Curricula

Study CodeObligationSemesterPrecon.Info
033 203 Statistics and Mathematics in Economics Not specified
066 926 Business Informatics Mandatory elective

Literature

No lecture notes are available.

Miscellaneous

Language

English