ECO-13101-003 (Monday, Wednesday 17:30-19:00, room RH102)
ECO-13101-004 (Monday, Wednesday 19:00-20:30, room RH102)
Syllabus and Itam calendar 2022
Online class on International Trade by Professor Ronald W. Jones: 1,2,3,4
Other media: Charlie Rose's debate about NAFTA with James Goldsmith and Laura Tyson; Paul Krugman Prize Lecture; Russ Roberts on Smith, Ricardo, and Trade
Additional readings on international trade and pollution:
Arik Levinson (2009), “Technology, International Trade, and Pollution from US Manufacturing”
Melissa Dell, Benjamin Feigenberg, and Kensuke Teshima (2019) “The Violent Consequences of Trade-Induced Worker Displacement in Mexico”
Matilde Bombardini and Bingjing Li (2020), “Trade, pollution and mortality in China”
Shinsuke Tanaka, Kensuke Teshima, and Eric Verhoogen (2021), “North-South Displacement Effects of Environmental Regulation: The Case of Battery Recycling”
Readings for this course:
Week 1: Introduction to international trade and static optimization [handout1, handout2; KOM2012chp1 and chp2; readings:(1)(2)]
Week 2: Pure exchange model and the Ricardian model [handout3; KOM2012chp3; readings:(1)(2)]
Week 3: Implications and extensions of Ricardian model; understanding non-traded sectors [handout4; KOM2012chp3, F2003chp1; readings:(1)]
Week 4: The specific factors model [handout5; KOM2012-chp4, F2003chp3; readings:(1)(2)]
Week 5: The Heckscher-Ohlin model [handout5, handout6; KOM2012chp5, F2003chp2: readings (1)(2)]
Week 6: The Heckscher-Ohlin model [handout5, handout6; KOM2012chp5, F2003chp2: readings (1)(2)]
Week 7: Empirical evidence of classical trade models; gravity equations and Armington model [handout7;handout8, handout9; KOM2012chp2 and 6, F2003chp5; readings:(1),(2)]
Week 8: Inter/Intra sectoral trade; market power and increasing returns to scale [handout10; handout 11; KOMchp7, F2003chp5; readings:(1)(2)]
Week 9: Additional exercises for the midterm and MIDTERM on October 5 [study topics; additional exercises; more exercises; Midterm]
Week 10: Inter/Intra sectoral trade: the Krugman Model [handout10; handout 11; KOMchp7, F2003chp5; readings:(1)(2)]
Week 11: Extensions of the Krugman model [handout12; KOM2012chp7, F2003chp5; readings:(1)]
Week 12: New new trade theory: Melitz Model [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 13: New new trade theory: Melitz Model (cont) [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 14: International trade policy, trade agreements, dumping and antidumping [handout14; KOM2012chp9/10; F2003chp7; readings:(1)(2)]
Week 15: Revisions for the final exam (12th December, EXT GIM) [study topics; revisions final; solution]
Some class exercises: class2, class3; class5; class 10; make-up class (solution);
Practice exercises: assignment 1; assignment 2; assignment 3; assignment 4; assignment 5
Practice exams: practice midterm 1; exam 1; practice midterm 2; practice midterm 3; practice midterm 4; practice midterm 5; midterm 6; midterm 7; midterm 8; midterm 9; midterm 10; midterm 11; midter 12; exam 1; exam 2; exam 3; exam 4; exam 5; exam6; exam7; exam 8; exam 9; exam 10; multiple choice 1; multiple choice 2; multiple choice 3
Assignments: homework 1 (deadline on the 31st of October); homework 2 (deadline on the 3rd December)
Grades: Midterm1; Extra midterm; homework 1; homework 2; Final Exam; Numerical grade; Letter grade
