The objective of the course is to gain an understanding of theoretical frameworks in the field of international economics and to apply these theories to real-world problem and policy questions.
Subject
The course deals with the following questions:
What are explanations for international trade?
Which trade models have been developed and on which assumptions do they rely on?
What are the advantages and disadvantages of international trade
Why and how do countries interfere in foreign trade?
What kind of instruments do countries have to regulate trade?
What are the consequences of these regulations?
Criteria for evaluation
Exam (90% of final grade)
2 home assignments (10% of final grade)
Language
German
Study material
Textbook
Paul Krugman, Maurice Obstfeld, Marc Melitz: Internationale Wirtschaft, Theorie und Politik der Außenwirtschaft, 10. Auflage, Pearson.
