Public University of Navarre



Academic year: 2015/2016 | Previous academic years:  2014/2015  |  2013/2014 
International Double Bachelor's degree in Economics, Management and Business Administration at the Universidad Pública de Navarra
Course code: 176702 Subject title: INTERNATIONAL TRADE
Credits: 6 Type of subject: Mandatory 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 and International Trade Negotations.
  • Institutions related 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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