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 Postgraduate Course: International Trade (ECNM11016)
Course Outline
| School | School of Economics | College | College of Arts, Humanities and Social Sciences |  
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) | Availability | Available to all students |  
| SCQF Credits | 10 | ECTS Credits | 5 |  
 
| Summary | This course is intended to introduce economic theories developed to understand the reasons why countries trade and the gains arising from it; to provide empirical evidence highlighting the strengths and limitations of the introduced theories; to examine the relation between trade and inequality; to explore the role played by economic geography and technology in international trade; to analyse the link between the global production processes and trade. |  
| Course description | The course covers key stylized facts of international trade; gains from trade; the law of comparative advantage; size and economic geography of trading countries (gravity equations); productivity differences and trade (the Ricardian model); winners and losers from trade (specific factor model); monopolistic competition and trade (new trade theory); firm heterogeneity and trade. |  
Information for Visiting Students 
| Pre-requisites | None |  
		| High Demand Course? | Yes |  
Course Delivery Information
|  |  
| Academic year 2025/26, Available to all students (SV1) | Quota:  None |  | Course Start | Block 4 (Sem 2) |  Timetable | Timetable | 
| Learning and Teaching activities (Further Info) | Total Hours:
100
(
 Lecture Hours 18,
 Summative Assessment Hours 2,
 Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
78 ) |  
| Assessment (Further Info) | Written Exam
100 %,
Coursework
0 %,
Practical Exam
0 % |  
 
| Additional Information (Assessment) | There will be one 2-hour exam in the April/May Diet. The overall mark will be calculated as 100% from the exam. |  
| Feedback | Not entered |  
| Exam Information |  
    | Exam Diet | Paper Name | Minutes |  |  
| Main Exam Diet S2 (April/May) |  | 00 |  |  
 
Learning Outcomes 
| See description |  
Reading List 
| Indicative Readings: 
 Feenstra, Robert C., and Alan M. Taylor. International Economics / Robert C. Feenstra, Alan M. Taylor. Fourth edition. New York: Worth Publishers, 2017. Print.
 
 Gopinath, Gita., Elhanan. Helpman, and Kenneth. Rogoff. Handbook of International Economics / Gita Copinath, Elhanan Helpman, Kenneth Rogoff. Amsterdam: North-Holland, 2014. Print.
 
 Krugman, Paul R., Maurice Obstfeld, and Marc J. Melitz. International Economics¿: Theory and Policy / Paul R. Krugman, Maurice Obstfeld, Marc Melitz. Global, eleventh edition. Harlow, England: Pearson, 2018. Print.
 
 Obstfeld, Maurice., and Kenneth S. Rogoff. Foundations of International Macroeconomics / Maurice Obstfeld, Kenneth Rogoff. Cambridge, Mass: MIT Press, 1996. Print.
 |  
Additional Information
| Course URL | www.sgpe.ac.uk |  
| Graduate Attributes and Skills | Not entered |  
| Keywords | Not entered |  
Contacts 
| Course organiser | Dr Yan Hu Tel:
 Email:
 | Course secretary | Miss Laura Gasull Lopez Tel:
 Email:
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