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Presentation
Presentation
In this course we aim to provide the student with a broad vision on international trade, to ensure the acquisition of the required skills for the analysis of the phenomena associated with globalization that characterizes world economic development. Specifically, the student should be familiar with the main theories of international trade, instruments of foreign trade policy, types of economic integration, economic growth and international trade, and their effects on international economic relations.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 5
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Year | Nature | Language
Year | Nature | Language
2 | Mandatory | Português
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Code
Code
ULHT32-17116
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
1. Introduction
1.1. Globalization of the world economy
1.2. Trends in world trade
2. Theories of international trade
2.1. Theories based on comparative advantage
2.2. Other theories of international trade
3. Economic growth and international trade
3.1. Classification of the effects of trade on economic growth
3.2. Sources of growth and the frontier of production possibilities
3.3. Growth and trade
4. Foreign trade policy
4.1. Foreign trade policy instruments in perfect competition
4.2. Instruments of commercial policy in monopoly
4.3. Protectionism versus free trade: costs and benefits
4.4. Globalization and regional integration
4.5. International trade negotiations and trade policy
5. Economic integration
5.1. Types of economic integration
5.2. Static and dynamic effects of economic integration
5.3. Examples
6. Foreign direct investment
7. International trade and developing countries
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Objectives
Objectives
This course is based on a theoretical-practical approach in order to provide the student the ability to:- Analyse current international trade issues and trends;- Understand the importance of international trade for world development;
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Teaching methodologies and assessment
Teaching methodologies and assessment
Analysis of scientific papers on topics covered in classes.
Contextualization of current national and international events in light of the knowledge acquired in the course.
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References
References
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KRUGMAN, Paul; OBSTFELD, Maurice & MELITZ - International Economics: Theory and Policy. Pearson (Pearson Series in Economics); 12th Edition; 2021
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APPLEYARD, Dennis; FIELD, Alfred & COBB, Steve - International Economics. McGraw-Hill; 9th Edition; 2016
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Office Hours
Office Hours
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Mobility
Mobility
No
