International Economics
The goal of the lectures in international economics - is to gain basic understanding of the fundamental theories of international trade, basic concepts to assess welfare implications of trade policies, and to become familiar with the stylized facts on international trade.
The course develops a general framework for understanding why countries trade, what goods they import and export, how trade affects labour markets and the distribution of income, the benefits from international trade, and the politics and effects of trade policy.
Students should acquire enough knowledge to be able to formulate a well-founded opinion about specific topics in the international trade literature such as the arguments for and against protection in the era of global value chains and the position of developing countries in international trade.
The compulsory reading is the textbook of Krugman, Obstfeld and Melitz on international trade theory. In class we will discuss intensively the chapters indicated in this syllabus and the students are required to read those chapters before class. The students are required to prepare for the current class.
16 Feb 2026 -
29 May 2026
In the following programs: Master of Advanced Studies in International Law and Economics (MILE), Master of Law (LL.M.) in International Trade and Investment Law and Diploma of Advance Studies in International Law and Economics (TRAIL+)