Public University of Navarre



Academic year: 2023/2024 | Previous academic years:  2022/2023  |  2021/2022  |  2020/2021  |  2019/2020 
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: Economía
Lecturers:
GOMEZ GOMEZ-PLANA, ANTONIO (Resp)   [Mentoring ]

Partes de este texto:

 

Module/Subject matter

International Economics.

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General proficiencies

BC01. Students must demonstrate to know and to understand the concepts in a study field departing from High School level.

BC05. 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 a result and application of theoretical or formal representations about how the economy works.

SP02 Identify the sources of relevant economic information and its content.

SP05 Write advisory reports on specific economic situations (international, national or regional) or sectors.

SP06 Write economic management projects at the international, national or regional level.

SP10 Evaluate the consequences of different action alternatives and select the best ones given the objectives.

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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 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

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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. 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

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Languages

English.

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Evaluation

Learning
outcome
Assessment
activity
Weight (%) It allows
test resit
Minimum
required grade
R2, R10, RA1, RA2, RA3, RA4 AA1. Development and appliance of trade models. Exams. 30 Yes, retake exam

R2, R10, RA3, RA4 AA2. Geometrical interpretation of trade models. Exams. 30 Yes, retake exam  
R2, R10, RA1, RA2, RA3, RA4 AA3.Basic theoretical concepts. Exams. 40 Yes, retake exam  

The retake exam will recover all of those Assessment Activities (AA1, AA2 and/or AA3) not surpassed (5/10).
The grade "No presentado" will be applied according to the University legislation.

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Contents

Four blocks:

Description of world trade.

International Trade Theory.

International Trade Policy and International Trade Negotiations.

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., and Melitz, M.J. (2022): International Economics. Trade & Policy. 12th edition. Pearson Addison Wesley, Essex.

 

BLOG (in Spanish):

http://comerciointernacionalaggp.blogspot.com/

 

OTHER USEFUL TEXTBOOKS & COMPLEMENTS:

Appleyard, D.R. and Field, A.J. (2017): International Economics. 9th edition. McGraw-Hill/Irwin, Boston.

Bowen, H.P., Hollander, A. and Viaene, J.-M. (2012): Applied International Trade. 2nd edition. Palgrave, Hants, United Kingdom.

Carbaugh, R.J. (2023): International Economics. 18th edition. Cengage, Andove, United Kingdom.

Catão, L. and Obstfeld, M. (2019): Meeting Globalization's challenges. Policies to make trade work for all. Princeton University Press, Princeton.

Caves, R.E., Frankel, J.A. and Jones, R.W. (2007): World Trade and Payments. An Introduction. 10th edition. Pearson International, Nueva York.

Eicher, T.S., Mutti, J.H. and Turnovsky, M.H. (2009): International Economics. 7th edition. Routledge, Oxon, United Kingdom.

Feenstra, R.C. and Taylor, A.M. (2021): International Trade. 5th edition. Macmillan, New York.

Feenstra, R.C. (2016): Advanced International Trade: Theory and evidence. 2nd edition. Princeton University Press, New Jersey.

Gerber, J. (2021): International Economics. 8th edition. Pearson International, New York.

Goode, W. (2020): Dictionary of Trade Policy Terms. 6th edition. Cambridge University Press, Cambridge.

Husted, S. and Melvin, M. (2013): International Economics. 9th edition. Pearson International, New York. 

Irwin, D. A. (2020): Free Trade under fire. 5th 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.

Jovanovic, M.N. (2015): The Economics of International Integration. 2nd edition. Edward Elgar, Cheltenham, United Kingdom.

Kerr, W.A. and Gaisford, J. D. (2007): Handbook on International Trade Policy. Edward Elgar, Cheltenham, United Kingdom.

Kreinin, M.E. and Clark, D.P. (2013): International Economics: A Policy Approach. 2nd edition. Pearson International, Nueva York.

Krueger, A.O. (2020): International Trade. What Everyone Needs to Know. Oxford University Press, Oxford.

Michie, J. (2017): Advanced Introduction to Globalisation. EdwardElgar, Cheltenham, United Kingdom.

Pugel, T. A. (2023): International Economics. 18th edition. McGraw-Hill/Irwin, Nueva York.

Salvatore, D. (2019): International Economics. Trade and Finance. 13th edition. John Wiley & Sons, New Jersey.

Sawyer, W.C. and Sprinkle, R.L. (2020): Applied International Economics. 5th edition. Routledge, Oxon, United Kingdom.

Van Bergeijk, P.A.G. (2019): Deglobalization 2.0. Trade and openness during the Great Depression and the Great Recession. Edward Elgar, Cheltenham, United Kingdom.

Van den Berg, H. (2017): International Economics. An Heterodox Approach. 3rd edition. M. E. Sharpe, London.

Van Marrewijk, C. (2017): International Trade. Oxford University Press, Oxford.

World Trade Organization (2011): World Trade Report 2011: The WTO and Preferential Trade Agreements. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr11_e.htm

World Trade Organization (2012): World Trade Report 2012: Trade and Public Policies. Geneve. Available at:  https://www.wto.org/english/res_e/publications_e/wtr12_e.htm

World Trade Organization (2013): World Trade Report 2013: Factors Shaping the Future of World Trade. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr13_e.htm

World Trade Organization (2014): World Trade Report 2014: Trade and development: recent trends and the role of the WTO. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr14_e.htm

World Trade Organization (2017): World Trade Report 2017: Trade, Technology and jobs. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr17_e.htm

World Trade Organization (2018): World Trade Report 2018: The future of world trade: How digital technologies are transforming global commerce. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr18_e.htm

World Trade Organization (2019): World Trade Report 2019: The future of services trade. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr19_e.htm

World Trade Organization (2020): World Trade Report 2020: Government policies to promote innovation in the digital age. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr20_e.htm

World Trade Organization (2021): World Trade Report 2021: Economic resilience and trade. Geneve. Available at: https://www.wto.org/english/res_e/publications_e/wtr21_e.htm

World Trade Organization (2022): World Trade Report 2022: Climate change and International Trade. Geneve. Available at: https://www.wto.org/english/res_s/publications_s/wtr22_s.htm

World Trade Organization (2022): Overview of Developments in the International Trading Environment. Annual Report by the Director-General. Geneve. Available at: https://docs.wto.org/dol2fe/Pages/SS/directdoc.aspx?filename=q:/WT/TPR/OV25.pdf&Open=True

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Location

Classroom and labs.

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