This is an archived course. A more recent version may be available at ocw.mit.edu.

 

Lecture Notes

LEC # TOPICS LECTURE NOTES
Section I: Neoclassical theories of trade
1 Gains from trade and the law of comparative advantage: Theory (PDF)
2 Gains from trade and the law of comparative advantage: Empirics (PDF)
3 The Ricardian model: Theory (PDF)
4 The Ricardian model: Empirics (PDF)
5 The Ricardo-Viner and Heckscher-Ohlin models: Theory, part I (PDF)
6 The Ricardo-Viner and Heckscher-Ohlin models: Theory, part II (PDF)
7 The Ricardo-Viner and Heckscher-Ohlin models: Empirics, part I (PDF)
8 The Ricardo-Viner and Heckscher-Ohlin models: Empirics, part II (PDF)
Section II: 'New' (non-neoclassical) theories of trade
9 Increasing returns to scale and monopolistic competition: Theory (PDF)
10 Increasing returns to scale and monopolistic competition: Empirics (PDF - 1.7MB)
11 Heterogeneous firms and trade: Theory, part I (PDF)
12 Heterogeneous firms and trade: Theory, part II (PDF)
13 Firm-level trade: Empirics, part I (PDF)
14 Firm-level trade: Empirics, part II (PDF)
15 Gravity models: Theory (PDF)
16 Gravity models: Empirics (PDF - 2.3MB)
Section III: Miscellaneous topics in trade
17 Trade and growth: Theory (PDF)
18 Trade and growth: Empirics  
19 Trade and labor markets: Theory (PDF)
20 Trade and labor markets: Empirics  
21 International organization of production: Theory, part I (PDF)
22 International organization of production: Theory, part II (PDF)
23 International organization of production: Empirics, part I  
24 International organization of production: Empirics, part II  
25 Trade policy: Theory (PDF)
26 Trade policy: Empirics