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| Detailed information |
| Original study plan |
Master's programme Economics (Economic Policy Analysis) 2025W |
| Learning Outcomes |
Competences |
- The students have an in-depth understanding of both traditional and new trade theory.
- They are able to explain the main theories and empirical findings from the international trade literature.
- They understand the formal models used in international trade, and can apply them to policy questions.
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| Skills |
Knowledge |
- Apply traditional and modern theories of the determinants and effects of international trade to current policy situations.
- Assess the suitability of different theories for different policy questions.
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- Comparative advantage and the Ricardian model.
- Factor abundance and the Heckscher-Ohlin model.
- Increasing returns to scale, monopolistic competition and the Krugman model.
- Heterogeneous firms and the Melitz model.
- The gravity model.
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| Criteria for evaluation |
Exam and homework exercises
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| 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.
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| Changing subject? |
No |
| Is completed if |
2IOMEHIK / 971ATECATPK17: KS Advanced Trade Policy (4 ECTS)
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