School of Economics and Finance

ECN228 - International Trade

Credits: 15
Semester: B

This course covers the basic theoretical tools to understand what determines international trade (the flow of goods across countries) and international economic relations more generally. Some of the topics covered by the module are: Labour productivity and comparative advantage: the Ricardian model; Resources and Trade: the Heckscher-Ohlin model; External economies of scale and the international location of production; Firms in the global economy: export decisions, outsourcing, and multinational enterprises; The instruments of trade policy; The political economy of trade policy.