Economic Aspects of Globalization

Ects : 3

Enseignant responsable :


Volume horaire : 27

Description du contenu de l'enseignement :
After a detailed introduction on the stylized facts on globalization, the course will cover the principal models of trade: (i) the Ricardian model of comparative advantages, (ii) the Factor Content of Trade, and (iii) the "New Trade" model under monopolistic competition introduced by Krugman (1979). In the second part, the course will focus on FDI, the behaviour of multinational firms and the main obstacles to trade.

Compétence à acquérir :
Complete knowledge of the classical models of trade and the more recent facts on globalization
Mode de contrôle des connaissances :
Midterm and final exam