International Trade - ECO500 Spring 2026
Course
Here is the course outline:
1. Session 1
Feb 3, Teams
Introduction to International Trade; Gains from Trade and Policy Coordination Reading: Ch. 2 (Ch. 1 optional) |
2. Session 2
Feb 10, Teams
Topic: Productivity & Comparative Advantage: The Ricardian Model Reading: Ch. 3 + Intro to Ch. 4 Remember that we will start with a short quiz on your basic reading of Ch.3 - section "Trade in a One-Factor World"! Please choose a section in the textbook for your 30-minute presentation, and email me. See the Excel for options. (first come first served!) |
3. Session 3
Feb 17, Teams
Topic: Specific Factors, Endowment & Income Distribution; Migration Reading: Ch. 4 + Intro to Ch. 5 Basic quiz on the first 15 pages of Ch. 4 will be given! --- The midterm and final exams will most likely be held on 24-March and 12-May, 18:15-19:15, in Room 3.13. The exam will probably be closed book, no calculator or other resources allowed. You will write your responses on the exam papers, and you can attach additional sheets if you run out of space. The Dean, Jiří Schwarz, has kindly offered to proctor the exams. He will not be familiar with the exams, so he will probably not answer any of your questions about them. Use your best judgment when writing the exam, and explain your assumptions & thinking! |
4. Session 4
Feb 24
Topic: Resources, Comparative Advantage, and Income Distribution; Heckscher-Ohlin Model Reading: Ch.5 No quiz this time :-) |