Teacher
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BIAGETTI MARCO
(syllabus)
1. INTRODUCTION TO INTERNATIONAL TRADE ◾ Definition of International Trade ◾ Scope and Relevance of International Trade 2. INTERNATIONAL TRADE THEORY ◾ Mercantilism ◾ Classical Trade Theory (Absolute and Comparative Advantage ◾ Neo-classical Trade Theory (Heckscher-Ohlin) and Post- HO Theories ◾ New Trade Theory
3. INTERNATIONAL TRADE POLICY ◾ Trade Policy Instruments ◾ Effective Protection Rate, Domestic Resource Costs, Revealed Comparative Advantage ◾ Arguments on Protectionism and Against Free Trade ◾ Discussion: Debate – What should be a better trade approach?
4. ECONOMIC INTEGRATION ◾ Trading Blocs ◾ Trade Creation vs Trade Diversion ◾ Trade Portfolio: Bilateral Trade Relations 5. ISSUES IN INTERNATIONAL TRADE. ◾ Trade and Environment ◾ International Factor Movement (Capital Flows; and Labor Migration ◾ Trade and Development
6. MACROECONOMY, BALANCE OF PAYMENTS AND FOREIGN EXCHANGE MARKET ◾ National Income Accounts ◾ Balance of Payments ◾ Foreign Exchange Market
(reference books)
Solo consigliati: 1) Appleyard, D., Field, A. and Cobb, S. (2017). International Economics, 7th ed. McGraw-Hill Companies, Inc. New York. 2) Krugman, P., Obstfeld, M. and Melitz, M. (2015). International Economics:Theory and Policy. 10th ed., Pearson Education South Asia Pte.Ltd. 3) Salvatore, Dominick (2016). International Economics, 12th ed, John Wiley & Sons, Inc.
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