[ 971IMM2AITK22 ] KS Advanced International Trade

Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS M1 - Master's programme 1. year Economics Karin Mayr-Dorn 2 hpw Johannes Kepler University Linz
Detailed information
Original study plan Master's programme Economics (Economic Policy Analysis) 2022W
Objectives The goal of this course is to gain a basic understanding of both traditional and new trade theory. After the course, students should be able to explain the main theories and empirical findings from the international trade literature. They should also be able to work with the formal models used in international trade at a basic level, and apply theoretical concepts to policy questions.
Subject Comparative advantage and the Ricardian model. Factor abundance and the Heckscher-Ohlin model. Increasing returns to scale and monopolistic competition and the Krugman model. Heterogeneous firms and the Melitz model. The gravity equation.
Criteria for evaluation Exam and homework exercises
Language English
Study material Robert Feenstra (2016), Advanced International Trade: Theory and Evidence, Princeton University Press. Van Marrewijk (2012), International Economics, Theory, Application, and Policy, Oxford University Press.
Changing subject? No
Is completed if 2IOMEHIK / 971ATECATPK17: KS Advanced Trade Policy (4 ECTS)
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority