Course content

The course offers advanced analyses of theoretical and empirical issues in international trade, covering some economic opportunities and challenges of open economies. New topics within international trade as well as economic geography are central in the course.

Learning outcome

Knowledge

You learn

• theoretical models for different reasons for international trade

• possible connections between factor endowments and international trade

• how trade between poor and rich countries emerge, and what the consequences of such trade are

• models of new economic geography and clusters of economic activity

• conduct empirical tests of different theory-based hypothesis within international trade

Skills

You should be able to

• understand and explain different reasons of international trade

• discuss potential advantages and disadvantages of international trade

• analyze how rich and poor countries may be differently affected by international trade

• analyze what determines the location of firms and what consequences such location decisions may have

• on regions and countries

• develop empirical tests of different hypothesis of international trade

General competence

You should be able to

• ad and understand reports and research articles dealing with issues discussed in the course

• use the content of the course in your own academic work like your master thesis

Learning methods and activities

2 hours of lectures every week. The course has compulsory activities. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is an optional master's course and is not taught every semester. Check courses tha are taught at https://www.ntnu.no/econ/valgfrie-masteremner. Students enrolled in ISØ's master programs can take the course any semester. Contact the department (kontakt@econ.ntnu.no) to get access to learning resources

Compulsory assignments

• Mandatory activity

Specific conditions

Recommended previous knowledge

Bachelor's degree in Economics

Required previous knowledge

None

Course materials

Announced at the beginning of the term.

Credit reductions