International Trade

lecon2041  2020-2021  Louvain-la-Neuve

International Trade
Due to the COVID-19 crisis, the information below is subject to change until September 13, in particular that concerning the teaching mode (presential, distance or in a comodal or hybrid format).
5 credits
30.0 h
Main themes
The course deals with the most important models and concepts of international trade, in particular: - classical theory of international trade - new trade theory - analysis of trade policies - international trade and development Moreover the course covers institutional aspects of international trade, such as the functioning of WTO and the trade policies of the EU.

At the end of this learning unit, the student is able to :

1 The goal of the course is to introduce students to the main economic mechanisms associated to international trade. At the end of the course students will be able to: - understand the mechanisms of international trade; - have a critical reasoning on the main issues of international trade, such as market liberalization and the distribution of the gains from trade. - understand the instruments of trade policy, their justifications and their effects - understand the firm-level issues related to trade.

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
This course addresses a number of issues linked to international trade and globalization. The course first outlines the main theories explaining the reasons for international trade and the determinants of its composition. We then turn to a number of key issues about the link between international trade, inequality, growth, welfare and development. Finally, the course addresses in details some of the main contemporary debates of trade policy, such as new deep trade agreements and their consequences.
Teaching methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change until September 13.

Lectures, with active student participation. Group works.
Evaluation methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change until September 13.

Written exam after the end of the course. Group works, student presentations and participation in class are part of the final grade.
Other information
Some prior knowledge of microeconomics and econometrics is required.
The communication between the professor and the students takes place through the electronic platform Moodle. You should enroll in the course on Moodle to have access to the online documents such as course notes, slides and additional material that will be posted.
Faculty or entity

Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Master [60] in Economics : General

Master [120] in Agriculture and Bio-industries

Master [120] in Economics: General

Master [120] in Geography : General

Specialised master in European Business and Economic Policy