Public University of Navarre



Castellano | Academic year: 2015/2016 | Previous academic years:  2014/2015  |  2013/2014 
Bachelor's degree in Management and Business Administration at the Universidad Pública de Navarra
Course code: 172729 Subject title: INTERNATIONAL TRADE
Credits: 6 Type of subject: Optative Year: 4 Period: 1º S
Department: Economics
Lecturers:
GOMEZ GOMEZ-PLANA, ANTONIO (Resp)   [Mentoring ]

Partes de este texto:

 

Module/Subject matter

International Economics.

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Descriptors

  • Keywords: International trade theory, International trade policy, Political economy of international trade.
  • Field: Applied Economics, Economic Analysis

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General proficiencies

  • BC1. Students must demostrate to know and to understand the concepts in a study field departing from High School level.
  • BC5. Students must develop the adequate learning skills to do later an autonomous learning process.
  • GP04. Writing and speaking in English.
  • GP06. Information analysis and search from different sources.
  • GP11. Work in an international context.
  • GP17. Autonomous learning.
  • GP18. Adaptation to new circumstances.

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Specific proficiencies

  • SP01. Understand economic institutions as the result of theoretical or formal representations of modern economies.
  • SP02. Identify relevant economic information sources.
  • SP05. Write advising reports on local, national or international economic issues or on sectorial analysis.
  • SP06. Write economic projects at regional, national or international level.
  • SP10. Evaluate the implications of alternative economic policies and select those that better achieve the policy targets.

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Learning outcomes

  • R2. The Open-Economy Income model, money, inflation, unemployment, growth and economic policy instruments. 
  • R10. International Economics: international exchange as a conditional element for allocation of resources and macroeconomic stability. 
  • Course learning outcome 1 - RA1. Describe the international institutions linked to international trade and the basic rules driving multilateral exchanges. 

  • Course learning outcome 2 - RA2. Differentiate the international trade basic theories. 

  • Course learning outcome 3 - RA3. Predict the economic effects in international trade flows and other economic variables due to changes in demand and supply.

  • Course learning outcome 4 - RA4. Measure the economic effects of changes in trade policy. 

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Methodology

Formative Activity In-class hours Out-class hours
A-1 Lectures 40  
A-2 Exercices 20  
A-3 Debates, group dynamics    
A-4 Homework   25
A-5 Reading   10
A-6 Individual study   48
A-7 Exams 4  
A-8 Individual office hours 3  
Total 67 83

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Relationship between formative activities and proficiencies/learning outcomes

Proficiency Formative Activity
GP04. Writing and speaking in English. Lectures-A1, Exercices-A2 and Exams-A7.
GP06. Information analysis and search from different sources. Exercices-A2, Mi Aulario web platform (A4, A5 and A6).
GP11. Work in an international context. Lectures-A1, Mi Aulario web platform (A4, A5 and A6).
GP17. Autonomous learning. Individual study-A6, reading-A5, Exercices-A2, Mi Aulario web platform (A4, A5 and A6).
GP18. Adaptation to new circumstances. Lectures-A1 and Mi Aulario web platform (A4, A5 and A6).
SP01. Understand economic institutions as the result of theoretical or formal representations of modern economies. Lectures-A1, homework-A4, reading-A5 and individual study-A6
SP02. Identify relevant economic information sources. Mi Aulario web platform (A4, A5 and A6).
SP05. Write advising reports on local, national or international economic issues or on sectorial analysis. Exams-A7
SP10. Evaluate the implications of alternative economic policies and select those that better achieve the policy targets. Lectures-A1, Exercices-A2 and exams-A7

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Languages

English.

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Evaluation

Learning Outcome Evaluation Activity Weight (%)  Failed Evaluation Activity
R2, R10, RA1, RA2, RA3, RA4 Two individual assessments in class 35 + 35 Recoverable. Those students with a grade lower than 4/10 points must retake the failed assessments. 
R2, R10, RA3, RA4 Two lab sessions 10 + 10 Not recoverable.
R10, RA1 Eight quizzes in Mi Aulario web platform 10 Not recoverable.

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Contents

Four blocks:

• Description of world trade.

• International Trade Theory.

• International Trade Policy.

• International Trade Negotations and Institutions linked to International Trade Policies.

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Agenda

Part I. International Trade: Main characteristics

• Unit 1. Introduction

• Unit 2. World Trade: An Overview

 

Part II. International Trade Theory

• Unit 3. The Ricardian Model

• Unit 4. The Heckscher-Ohlin Model

• Unit 5. The Standard Model

• Unit 6. External Economies of Scale

• Unit 7. Outsourcing and MNE

• Unit 8. Income Distribution and Migrations

 

Part III. International Trade Policy

• Unit 9. Instruments of Trade Policy

• Unit 10. International Negotiations

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Bibliography

Access the bibliography that your professor has requested from the Library.


TEXTBOOK

First ten chapters of:

Krugman, P.R., Obstfeld, M., y Melitz, M.J. (2014): International Economics. Trade & Policy. 10th edition. Pearson Addison Wesley, Essex.

 

BLOG (in Spanish)
http://comerciointernacionalaggp.blogspot.com/

 

OTHER USEFUL TEXTBOOKS & COMPLEMENTS

Appleyard, D.R. and Field, A.J. (2013): International Economics. 8th edition. McGraw-Hill/Irwin, Boston.
Bowen, H.P., Hollander, A. and Viaene, J.-M. (2012): Applied International Trade. 2nd edition. Palgrave, Hants, UK.
Carbaugh, R.J. (2013): International Economics. 14th edition. South-Western Centage Learning, Mason.
Caves, R.E., Frankel, J.A. and Jones, R.W. (2007): World Trade and Payments. An Introduction. 10th edition. Pearson International, New York.
Eicher, T.S., Mutti, J.H. and Turnovsky, M.H. (2009): International Economics.  7th edition. Routledge, Oxon, UK.

Feenstra, R.C. and Taylor, A.M. (2012): International Economics. 2nd edition. Worth Palgrave Macmillan, New York.

Frankel, J. A. (2008): "The World Trading System and Development Concerns". In Serra, N. and Stiglitz, J. E. (eds.) The Washington Consensus Reconsidered. Towards a New Global Governance. Oxford University Press, Oxford.
Goode, W. (2007): Dictionary of Trade Policy Terms. 5th edition. Cambridge University Press, Cambridge.
Irwin, D. A. (2009): Free Trade under fire. 3rd edition. Princeton Universtity Press, New Jersey.
Irwin, D. A., Mavroidis, P.C. and Sykes, A.O. (2008): The Genesis of GATT. Cambridge Universtity Press, Cambridge.
Kerr, W.A. and Gaisford, J. D. (2007): Handbook on International Trade Policy. EdwardElgar, Cheltenham, UK.
Markusen, J.R., Melvin, J.R., Kaempfer, W.H. and Maskus, K.E. (1995): International Trade. Theory and evidence. McGraw-Hill, Boston.
Pugel, T. A. (2012): International Economics. 15th edition. McGraw-Hill/Irwin, New York.
Salvatore, D. (2013): International Economics. Trade and Finance. 11th edition. John Wiley & Sons, New Jersey.
Södersten, B. and  Reed, G. (1994): International Economics. 4th edition MacMillan Press, London.
Van den Berg, H. (2012): International Economics. An Heterodox Approach. 2nd edition. M. E. Sharpe, London.

World Trade Organization (2011): World Trade Report 2011: The WTO and Preferential Trade Agreements. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr11_s.htm
World Trade Organization (2012): World Trade Report 2012: Trade and Public Policies. Geneve. Available at:  http://www.wto.org/spanish/res_s/publications_s/wtr12_s.htm

World Trade Organization (2013): World Trade Report 2013: Factors Shaping the Future of World Trade. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr13_s.htm

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Location

Classroom and labs

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