International Trade University of Tsukuba
As the economy becomes more globalized, it is becoming necessary to study the basic mechanism of international trade and its impact on welfare. In this course, we first study the concept of comparative advantage and study why countries will be engaged in international trade. Then, we study the impact on welfare by using several models. (The Ricardian, Heckscher-Ohlin and Specific Factor Model). Then, we study the monopoly model and its implication for international trade theory. In addition, we discuss the impact of international factor movement such as immigration and foreign direct investment.
To be able to understand the basic mechanism of international trade, Hechscher-Ohlin model, trade policy, international oligostic market, immigration and international investment.
1. General-propose competence: critical and creative thinking skills, data and information literacy, broad perspective and internationalism.2. Special competence: understanding international development, analytical skills on international development.
Home Works (30%) and Final Exam(70%)
Gains from TradeRicardian ModelSpecific Factor ModelH-O model (1)H-O model(2)ImmigrationInternational Investment and Policy IssuesTrade PolicyOligopoly ModelConclusions
Online Course Requirement
Site for Inquiry
Link to the syllabus provided by the university