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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2023/2024

Timetable information in the Course Catalogue may be subject to change.

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DRPS : Course Catalogue : School of Economics : Economics

Postgraduate Course: International Trade (ECNM11016)

Course Outline
SchoolSchool of Economics CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityAvailable to all students
SCQF Credits10 ECTS Credits5
SummaryThis course is intended to introduce economic theories developed to understand the reasons why countries trade and the gains arising from it; to provide empirical evidence highlighting the strengths and limitations of the introduced theories; to examine the relation between trade and inequality; to explore the role played by economic geography and technology in international trade; to analyse the link between the global production processes and trade.
Course description The course covers key stylized facts of international trade; gains from trade; the law of comparative advantage; size and economic geography of trading countries (gravity equations); productivity differences and trade (the Ricardian model); winners and losers from trade (specific factor model); monopolistic competition and trade (new trade theory); firm heterogeneity and trade.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Macroeconomics 2 (ECNM11022) OR Microeconomics 2 (ECNM11025) OR Econometrics 2 - Time Series (ECNM11089) OR Econometrics 2 - Microeconometrics (ECNM11091)
Co-requisites
Prohibited Combinations Other requirements Students should be enrolled on MSc Economics, MSc Economics (Econometrics), MSc Economics (Finance) or MSc Mathematical Economics and Econometrics.
Any other students must email sgpe@ed.ac.uk in advance to request permission.
Information for Visiting Students
Pre-requisitesNone
High Demand Course? Yes
Course Delivery Information
Academic year 2023/24, Available to all students (SV1) Quota:  None
Course Start Block 4 (Sem 2)
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 100 ( Lecture Hours 18, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 2, Directed Learning and Independent Learning Hours 78 )
Assessment (Further Info) Written Exam 100 %, Coursework 0 %, Practical Exam 0 %
Additional Information (Assessment) Exam 100%
Feedback Not entered
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)2:00
Learning Outcomes
See description
Reading List
Feenstra, R. C. and A. M. Taylor (2011), International Economics, Second Edition, Worth Publishers.
Krugman, P., Obstfeld, M. and M. Melitz (2017), International Economics: Theory and Policy, Global 11th Edition, Pearson.
Gopinath, G., Helpman, E. and K. Rogoff (2014), Handbook of International Economics. Elsevier.
Additional sources for specific parts of the course will be recommended in the lectures.
Additional Information
Graduate Attributes and Skills Not entered
KeywordsNot entered
Contacts
Course organiserDr Yan Hu
Tel:
Email: Yan.Hu@ed.ac.uk
Course secretaryMs Grace Oliver
Tel:
Email: grace.oliver@ed.ac.uk
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