These lectures will survey the theoretical literature on international trade and international economic relations more generally.
Principal Learning Outcomes
Students will be provided with analytical tools for the interpretation and assessment of international trade policies and international economic institutions.
The module will typically cover the following topics:
The positive theory of international trade. The instruments of trade policy. Tariffs and retaliation. Monopolistic Competition and International Trade. Intra-Industry Trade under Cournot Oligopoly. Strategic Trade Policy. The political economy of trade policy. International economic integration.
- Optional Module
- L1P6 - Year 1, L1P7 - Year 1
- Pre or Co-requisites
- The module demands knowledge of undergraduate-level microeconomic principles and mathematical methods.
- Assessment Method
- 2 hour exam (100%)
- Exam Timing
Time Allowed: 2 Hours
Answer TWO questions ONLY. All questions are of equal weight (50 marks each).
Approved pocket calculators are allowed.
Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.