Course code: 176702 | Subject title: INTERNATIONAL TRADE | ||||
Credits: 6 | Type of subject: Mandatory | Year: 4 | Period: 1º S | ||
Department: Economía | |||||
Lecturers: | |||||
GOMEZ GOMEZ-PLANA, ANTONIO (Resp) [Mentoring ] | ECHAVARRI AGUINAGA, REBECA [Mentoring ] |
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.
Formative Activity | In-class hours | Out-class hours |
A-1 Lectures | 40 | |
A-2 Exercises | 20 | |
A-3 Debates, group dynamics | ||
A-4 Homework | 23 | |
A-5 Reading | 10 | |
A-6 Individual study | 48 | |
A-7 Exams | 07 | |
A-8 Individual office hours | 02 | |
Total | 69 | 81 |
Proficiency | Formative Activity |
GP04. Writing and speaking in English. | Lectures-A1, Exercices-A2 and Exams-A7. |
GP06. Information analysis and search from different sources. | Lectures-A1 and Exercices-A2. |
GP11. Work in an international context. | Lectures-A1 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 (A1 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 |
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 5/10 points must retake the failed assessment/s. |
R2, R10, RA3, RA4 | Lab sessions | 30 | Not recoverable. |
The grade "No presentado" corresponds to students without evaluation activities. It also corresponds to the students who have done one or several evaluation activities but those activities do not include the second individual assessment or its retake exam.
Four blocks:
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
Access the bibliography that your professor has requested from the Library.
TEXTBOOK
First ten chapters of:
Krugman, P.R., Obstfeld, M., and Melitz, M.J. (2018): International Economics. Trade & Policy. 11th edition. Pearson Addison Wesley, Essex.
BLOG (in Spanish)
http://comerciointernacionalaggp.blogspot.com/
OTHER USEFUL TEXTBOOKS & COMPLEMENTS
Appleyard, D.R. y Field, A.J. (2013): International Economics. 8ª edición. McGraw-Hill/Irwin, Boston.
Bowen, H.P., Hollander, A. y Viaene, J.-M. (2012): Applied International Trade. 2ª edición. Palgrave, Hants, Reino Unido.
Carbaugh, R.J. (2017): International Economics. 16ª edición. South-Western Centage Learning, Mason.
Caves, R.E., Frankel, J.A. y Jones, R.W. (2007): World Trade and Payments. An Introduction. 10ª edición. Pearson International, Nueva York.
Eicher, T.S., Mutti, J.H. y Turnovsky, M.H. (2009): International Economics. 7ª edición. Routledge, Oxon, Reino Unido.
Feenstra, R.C. and Taylor, A.M. (2017): International Trade. 4ª edición. Worth Macmillan, New York.
Frankel, J. A. (2008): "The World Trading System and Development Concerns". En Serra, N. y Stiglitz, J. E. (eds.) The Washington Consensus Reconsidered. Towards a New Global Governance. Oxford University Press, Oxford.
Gerber, J. (2018): International Economics. 7ª edición. Pearson International, Nueva York.
Goode, W. (2007): Dictionary of Trade Policy Terms. 5ª edición. Cambridge University Press, Cambridge.
Husted, S. y Melvin, M. (2013): International Economics. 9ª edición. Pearson International, Nueva York.
Irwin, D. A. (2015): Free Trade under fire. 4ª edición. Princeton Universtity Press, New Jersey.
Irwin, D. A., Mavroidis, P.C. y Sykes, A.O. (2008): The Genesis of GATT. Cambridge Universtity Press, Cambridge.
Kerr, W.A. y Gaisford, J. D. (2007): Handbook on International Trade Policy. EdwardElgar, Cheltenham, Reino Unido.
Krugman, P.R., Obstfeld, M., y Melitz, M.J. (2014): International Economics. Trade & Policy. 10ª edición. Pearson Addison Wesley, Essex.
Pugel, T. A. (2016): International Economics. 16ª edición. McGraw-Hill/Irwin, Nueva York.
Salvatore, D. (2016): International Economics. Trade and Finance. 12ª edición. John Wiley & Sons, New Jersey.
Södersten, B. y Reed, G. (1994): International Economics. 4ª edición. MacMillan Press, Londres.
Van den Berg, H. (2017): International Economics. An Heterodox Approach. 3ª edición. M. E. Sharpe, Londres.
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
World Trade Organization (2014): World Trade Report 2014: Trade and development: recent trends and the role of the WTO. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr14_s.htm
World Trade Organization (2015): World Trade Report 2015: Benefits and challenges of implementing the WTO Trade Facilitation Agreement. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr15_s.htm
World Trade Organization (2016): World Trade Report 2016: Levelling the trading field for SMEs. Geneve. Available at: http://www.wto.org/spanish/res_s/publications_s/wtr16_s.htm
World Trade Organization (2017): World Trade Report 2017: Trade, Technology and jobs. Geneve. Available at: https://www.wto.org/spanish/res_s/publications_s/wtr17_s.htm