KTTA4140 International Trade (5 cr)
Study level:
Intermediate studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020
Description
Content
A standard model of a trading economy. The Ricardian model of trade. Heckscher-Ohlin model of trade. Economies of scale. Imperfect competition and international trade. International trade policy. Tariff analysis.
Completion methods
Book exam: Academic year
Assessment details
Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.
Learning outcomes
At the end of the course the student is expected to be able to:
recognize the traditional theories of trade,
identify the impacts of trade on welfare and factors of production,
identify the impacts of tariffs,
evaluate the economic implications of free trade,
recognize the traditional theories of trade,
identify the impacts of trade on welfare and factors of production,
identify the impacts of tariffs,
evaluate the economic implications of free trade,
Description of prerequisites
KTTP2110 Basics of Economics, KTTA2150 Microeconomics I, or equivalent
Study materials
Krugman, P. & Obstfeld, M. & M. Melitz; International Economics Ninth edition (2012) or newer edition, Chapters 1-12
Literature
- Krugman, P. & Obstfeld, M. & M. Melitz; International Economics Ninth edition (2012) tai uudempi.; ISBN: 987-0-273-7409-1
Completion methods
Method 1
Select all marked parts
Parts of the completion methods
x
Teaching (5 cr)
Type:
Participation in teaching
Grading scale:
0-5
Language:
English, Finnish