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The course will cover a number of issues both theoretical and empirical in international trade. The fundamental theories of trade and trade policies will be reviewed and empirical studies of some of these theories will be critically examined. Some empirical methods in trade will also be covered, namely Gravity models and estimating Import demand functions.
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1. Intro, Ricardian Comparative Advantage
2. Absolute Advantage, Comparative Advantage
3. Supply and Demand sides of Heckscher-Ohlin(HO) Model
4. Putting the HO model together
5. The "no-trade" model
6. HO model in more detail
7. Tariffs, Quotas and other Trade policies
8. Government Policy and HO model
9. Tests of Trade models
10. Tariffs in General Equilibrium
11. Tests of the Gains from trade and Measuring Costs of Protection
12. Anti-dumping Duties (ADDs)
13. Gravity Models
14. Import Demand Functions
15. Vinerian Analysis of PTA/FTAs (review for final)
16. Final Exam
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The student will obtain a deeper understanding of trade models as well as some empirical evidence of these models.
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Take-home midterm (30%); final, in-class, closed book exam (40%) (short essay/answer); two (2) in-class quizzes (30%).
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【成績評価の基準表】
| 秀(S) | 優(A) | 良(B) | 可(C) | 不可(F) |
| 履修目標を越えたレベルを達成している | 履修目標を達成している | 履修目標と到達目標の間にあるレベルを達成している | 到達目標を達成している | 到達目標を達成できていない |
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履修目標：授業で扱う内容（授業のねらい）を示す目標
到達目標：授業において最低限学生が身につける内容を示す目標
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The main text will be: "International Trade: Theory and Evidence" by Markusen, Melvin, Kaempfer and Maskus. This text is now available for free online. Other reading materials will be provided in class.
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Students should have had at least one graduate level Micro course, and one international economics course (undergrad okay.) If not, please consult with instructor before registering for the course.
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Heckscher-Ohlin model, Empirical Trade, Anti-dumping, Free Trade Areas
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Attendance is not mandatory, but expected. You should read all assigned material before class and participate in class discussions. The entire class will be conducted in English only. Required readings are in the schedule below. I may decide to skip some material in the list or assign other readings as the course progresses, however. All quiz and exam times will be announced ahead of time. Please contact me if you are in doubt. If you miss any quizzes or exams, you will not be able to make them up unless you have written documentation for a medical emergency or other serious crisis.
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