This course introduces students to the economics of international trade. It consists of three parts. The first part presents facts about trade flows and trading firms and introduces the widely-used gravity equation. The second part covers three standard trade theories which explain trade patterns. The last part presents trade policy, with some focus on recent developments.
The course is self-contained, but standard treatments of Chapters 2-4 can be found in textbooks such as International Economics, Krugman, Obstfeld & Melitz (Pearson) or International Economics, Feenstra & Taylor (Worth Palgrave MacMillan)
