This is an advanced course in the theory of international trade. We will cover positive and normative aspects of standard and new trade theory, along with recent developments in the literature. Microeconomics (3010 or 4010) is required, and mathematical economics (4310) is recommended. A complete syllabus for the class is here. All lecture notes are in PDF format.
Lecture NotesTopic 01: Course Outline Topic 02: Preliminaries Topic 03: The Ricardian Model Topic 04: The Specific Factors Model Excel Version Topic 05: The Factor Proportions Model Excel Version Topic 06: The Factor Proportions Model Part II Topic 08: The Standard Model and Applications Topic 09: Reciprocal Dumping Excel Version Topic 10: Monopolistic Competition Topic 11: Standard Theory of Commercial Policy AssignmentsAssignment 1: Patterns of Trade. Due date is October 3. Assignment 2: Ricardian and Specific Factors Models. Due date is November 5. Assignment 3: Reciprocal Dumping Extensions. Due date is November 26. Assignment 4: Tariffs and Growth. Due date is no later than December 13.
Miscellaneous |

John P. Gilbert >