Descriptif
This course introduces students to the economics of international trade. It consists of three parts. The first part presents facts about trade flows and trading firms and introduces the widely-used gravity equation. The second part covers three standard trade theories which explain trade patterns. The last part presents trade policy, with some focus on recent developments.
The course is self-contained, but standard treatments of Chapters 2-4 can be found in textbooks such as International Economics, Krugman, Obstfeld & Melitz (Pearson) or International Economics, Feenstra & Taylor (Worth Palgrave MacMillan)
Objectifs pédagogiques
At the end of this course, students will be able to:
- Identify and explain the main theories of international trade
- Understand the logic of the gravity equation and apply it to trade policy issues
- Analyze the expected impact of trade policy measures
Diplôme(s) concerné(s)
Parcours de rattachement
Pour les étudiants du diplôme Bachelor of Science de l'Ecole polytechnique
Vous devez avoir validé l'équation suivante : UE ECO_2F001_EP Et UE ECO_2F002_EP
Pour les étudiants du diplôme Bachelor of Science de l'Ecole polytechnique
Vos modalités d'acquisition :
This course will be evaluated through a combination of online quizzes (1/3) and a report on a research article (2/3). Bonus points will be given in case of outstanding class participation.
Retake: oral examination with preparation, no documents.
