Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa

Module/Subject matter

International Economics.

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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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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

RA02: Analyze economic institutions as the result and application of theoretical or formal representations of how the economy works.

RA03: Explain the functions of economic agents and the role of institutions in economic and social activity at its different territorial levels (from local institutions to international organizations).

RA04: Identify the main instruments of public intervention and relate policy recommendations to economic, environmental, and social sustainability.

RA07: Understand the relationship between verbal, graphical, mathematical, and econometric analysis in the study of economics.

RA09: Identify and recognize relevant sources of economic information and their content.

RA11: Use professional criteria for economic analysis, preferably those based on the use of technical instruments.

RA15: Apply mathematical tools to synthesize complex economic problems.

RA18: Work in a team, being able to argue their proposals and validate or reasonably refuse the arguments of others.

RA19: Organize work, in terms of good time management, order, and planning.

RA20: Select and generate the necessary information for each problem, analyze it, and make decisions based on it.

RA21: Value ethical, social, and environmental commitment in professional practice.

RA22: Continue learning in the future independently, deepening the knowledge acquired or starting in new areas of knowledge.

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Methodology

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Evaluation

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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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.

Beugelsdijk, S., Brakman, S., Garretsen, H., van Marrewijk, C., and Murtinu, S. (2023): International Economics and Business. 3ª edición. Cambridge Univerity Press, Cambridge, UK.

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 (2023): World Trade Report 2023: Re-globalization for a secure, inclusive and sustainable future. Geneve. Available at: https://www.wto.org/english/res_s/publications_s/wtr23_s.htm

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Languages

English.

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Location

Classroom and labs.

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