ECON 441 - International Trade Theory
Winter 2014, Section 001
Instruction Mode: Section 001 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Waitlist Capacity:
Enforced Prerequisites:
ECON 401 with a grade of at least C-; or Graduate standing.
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
Primary Instructor:


The course gives analytical tools to better understand issues regarding international trade, and the policies associated with it: Why do nations trade? What do they trade? Who gains from international trade, and who loses? And is China going to steal all American jobs eventually? In addition, the course will cover empirical findings that motivate the models we use in the study of international trade, and test their validity. Specifically, the course will explore the causes for international trade, its effects on economic growth and wage inequality, and discuss the role of multinational corporations, foreign direct investment and international migration in determining trade flows. Finally, we will analyze countries' motives for regulating international trade and the effects of such policies on economic welfare. The course emphasized intuitive understanding, but some basic mathematical tools are also used. The course doesn't have a required textbook, but students may find "International economics : theory & policy, Author: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz., Publisher: Pearson Addison-Wesley 9th ed. 2008" helpful.

Course Requirements:

The course emphasized intuitive understanding, but some basic mathematical tools are also used.

Class Format:

Grades in the course are based on 5 problem sets, a midterm, and a final. In marginal cases, some consideration may be given also to class participation.


ECON 441 - International Trade Theory
Schedule Listing
001 (LEC)
 In Person
TuTh 2:30PM - 4:00PM

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