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Last updated:

October 22, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography.) It includes the study of positive issues, such as

Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as well as the firm-level, and in the presence of both mobile and immobile factors (e.g., FDI, offshoring of tasks, multinational firms and immigration).

Course Curriculum

  • Gains From Trade and the Law of Comparative Advantage (Theory) Unlimited
  • The Ricardian Model (Theory, Part I) Unlimited
  • The Ricardian Model, (cont.) (Theory, Part II) Unlimited
  • The Assignment Model Approach (Theory) Unlimited
  • Gains From Trade and the Law of Comparative Advantage (Empirics) Unlimited
  • The Ricardian Model (Empirics) Unlimited
  • The Assignment Model Approach (Empirics) Unlimited
  • The Heckscher-Ohlin Model (Theory, Part I) Unlimited
  • The Heckscher-Ohlin Model, (cont.) (Theory, Part II) Unlimited
  • The Heckscher-Ohlin Model (Empirics, Part I) Unlimited
  • The Heckscher-Ohlin Model, (cont.) (Empirics, Part II) Unlimited
  • Trade Theory with Firm-Level Heterogeneity (Empirics, Part I) Unlimited
  • Trade Theory with Firm-Level Heterogeneity, (cont.) (Empirics, Part II) Unlimited
  • Trade Theory with Firm-Level Heterogeneity (Theory, Part I) Unlimited
  • Trade Theory with Firm-Level Heterogeneity, (cont.) (Theory, Part II) Unlimited
  • Gravity Models (Theory) Unlimited
  • Gravity Models (Empirics) Unlimited
  • Offshoring and Fragmentation of Production (Theory, Part I) Unlimited
  • Economic Geography (Empirics, Part I) Unlimited
  • Economic Geography, (cont.) (Empirics, Part II) Unlimited
  • Political Economy of Trade Policy and the WTO (Theory, Part I) Unlimited
  • Political Economy of Trade Policy and the WTO, (cont.) (Theory, Part II) Unlimited
  • Political Economy of Trade Policy and the WTO (Empirics, Part I) Unlimited
  • Political Economy of Trade Policy and the WTO, (cont.) (Empirics, Part II) Unlimited

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Massachusetts Institute of Technology
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