Trade Policy and International Cooperation [ECONM865]
- 5 credits
- 30h
- 2nd quarter
Language of instruction: EnglishTeacher: TRIMARCHI LORENZO
Learning outcomes
This course will introduce the students to trade policy analysis, highlighting the importance of international cooperation in trade. We will introduce the student to estimating gravity equations, the primary empirical tool for analyzing trade policies. Then, the students will be introduced to the analysis of the effects of trade barriers. Finally, we will investigate how political incentives shape trade policy. In this context, the role of WTO and international cooperation in regulating the relations among states in international trade is discussed.
Objectives
This course aims to provide master students the instruments to understand and analyze trade policies and the current debate on trade policy and protectionism.
Content
- A Primer on Monopolistic Competition and Gravity Equations
- Applying Gravity Equations: Estimating the Benefits of European Integration
- The Analysis of Import Tariffs and Antidumping Duties
- The Return of Protectionism and the Analysis of Trump Tariffs
- The Economics of Sanctions
- The Political Economy of International Trade
- The Economics of the World Trade Organization
Table of contents
Teaching methods
Lectures based on slides, readings, and problem sets.
Evaluations
The students will be evaluated by a written final exam.
Recommended readings
Robert C. Feenstra, 2015, “Advanced International Trade”, Princeton University Press.
Language of instruction
EnglishLocation for course
LOUVAIN-LA-NEUVEOrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
