Advanced International Trade I

Code School Level Credits Semesters
ECON3006 Economics 3 20 Autumn UK
Code
ECON3006
School
Economics
Level
3
Credits
20
Semesters
Autumn UK

Summary

This module looks at trade policy, economic policy for trade and international factor mobility theory and evidence, trade policy and imperfect competition, trade and distortions, the political economy of protection and trade policy reform.

Target Students

Available for final year Undergraduate students on Economics degree programmes, including final year students on the BA Jt Hons Politics and Economics and BSc Jt Hons Maths and Economics degrees. Not available for Exchange students.

Classes

This module is delivered through a series of lectures and tutorials.

Assessment

Assessed by end of autumn semester

Educational Aims

This module aims to provide a coherent theoretical framework that will give students a firm basis for the analysis of economic policy for trade and international factor mobility under competitive and incompetitive conditions and to show how that framework can be used to analyse and empirically estimate the costs and effects of trade policies.Objectives:To develop the partial equilibrium analysis of trade policy interventions, particularly of tariffs, quotas and export subsidiesTo outline the principles of optimal intervention analysisTo review a number of methods of estimating the impacts of trade policy interventions and to provide detailed discussion of the outcomes of selected empirical studiesTo introduce models of the political economy of protectionTo develop the principles for the design of efficient trade policy reformsTo study policy towards international factor mobility.The module aims to enable the participants to develop skills in reflection of understanding of material through tutorial questions.

Learning Outcomes

On completion of the module students should:

Emphasised learning outcomes from the study of this module:

Knowledge and Understanding:

Intellectual Skills:

Professional/Practical Skills:

Transferable Skills:

Conveners

View in Curriculum Catalogue
Last updated 07/01/2025.