Foundations of International Trade Ruhr-Universität Bochum
The course offers an introduction to international trade theory and policy. Trade theory deals withtwo man questions, that is, why countries trade with each other and how trade impacts welfarelevels of the economies involved. Trade policy examines how government restrictions on tradeaffect trade flows and welfare levels. Finally, the course covers the fundamentals of the worldtrading system (WTO – World Trade Organisation).
The participants understand and apply fundamental theories of international trade. Predominately,this applies in form of a graphical analysis of general equilibrium models. Participants are able toexplain the effects of various government restrictions on international trade flows and welfarelevels. They will also apply the trade and welfare impact of different economic shocks.
Qualification targets: The participants learn to understand and apply theories of international trade. Predominately, this applies in form of a graphical analysis of partial and general equilibrium models. Imparted soft skills: Analytical thinking, Independent studying and learning, Ability to give and receive criticism
written module examination (duration: 60 minutes)
Week1: Introduction Week 2: followed by Week 3 to the Final Week
Combination of lecture an tutorial
Online Course Requirement
communication platform: moodle
Prof. Dr. Matthias Busse
Site for Inquiry
Please inquire about the courses at the address below.
Contact person: For questions related to the content of the course, please contactMr. Jan WüstenfeldE-Mail: firstname.lastname@example.orgFor all kind of technical and practical questions, please contact Ms. Laura Santisi.E-Mail: Laura.Santisi@ruhr-uni-bochum.de
Email address: E-Mail: email@example.comE-Mail: Laura.Santisi@ruhr-uni-bochum.de
Link to the syllabus provided by the university