14.581 International Economics I, Spring 2011
Name
14-581-spring-2011/contents/index.htm
Size
32.09 KB
Format
HTML
Checksum (MD5)
209a42f6b7059ffb6c0b5ec67533f931
Author(s)
Donaldson, Dave
Costinot, Arnaud
Alternative Title
International Economics I
Date Issued
June 2011
Abstract
This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, Are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as well as the firm-level, and in the presence of both mobile and immobile factors (e.g., foreign direct investment (FDI), offshoring of tasks, multinational firms and immigration).
Subjects
international economics
international trade
Ricardian model
law of comparative advantage
Ricardo-Viner model
Heckscher-Ohlin model
neoclassical trade theories
monopolistic competition
trade theory
firm-level heterogeneity
foreign investment
gravity models
trade and growth
labor markets
offshoring
fragmentation of production
multinational firms
political economy
WTO
world trade organization
dynamic trade theory
neoclassical growth
technology and growth
innovation
technology transfer
product cycles
tariff retaliation
regionalism
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
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