Docente
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VENTURA LUIGI
(programma)
A review of fundamental topics in International Economics.
The gravity model.
The changing pattern of world trade.
Comparative advantage, a recall.
Comparative advantage with many goods.
Empirical evidence about the Ricardian model.
Specific factors and income distribution.
Income distribution and gains from trade.
The Hecksher-Ohlin model: some theory and empirical evidence.
The standard trade model.
Using offer curves to represent international equilibrium.
Growth in the standard trade model.
International borrowing and lending.
International transfers of income and the terms of trade.
External economies of scale and the international location of production.
Firms in the global economy.
The monopolistic competition model.
Basic concepts of trade policy.
The political economy of trade policy.
Trade policy in developing countries.
Globalization, wages and the environment.
“International Trade: Theory and Policy, Global Edition”, by Krugman, Obstfeld and Melitz, Pearson, 11th edition
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