International business economics
Lecturers
BORGHI ELISA
HELG RODOLFO
Aim of the course
The course
analyzes the determinants and consequences of the increasing international
integration of markets. It focuses on the gains and losses of liberalizing
versus protectionist policies as key information to understand the economic
dimension of the current debate on globalization. In so doing, it presents the
fundamental models of international trade theory. These highlight the
distinction between the efficiency and the equity effects of trade policy. Such
distinction is crucial to comprehend the political economy of international
trade policy with its drive towards multilateral trade agreements on the one
side, and the resistance to them by various pressure groups on the other
side.
Syllabus
The course
is organized around the following set of questions:
-
Introduction to international integration
- What are
the causes of international trade in goods?
- What are
the determinants of the value chain international fragmentation?
- What are
the gains from trade?
- Which
role for national governments in the international arena?
- Which
role for supranational organization ?
A more detailed
syllabus will be distributed at the beginning of the course
Examinations
Evaluation
in this course is based on a written exam at the end of the course.
Reading list
Krugman, P.
R., Obstfeld, M., International Economics, Addison-Wesley, Reading, 2008, 8th ed.
Additional material will be suggested at the beginning of the course and will
be posted on the web page of the course: