DEC-32306 International Economics: Trade and Development

Course

Credits 6.00

Teaching methodContact hours
Individual Paper1
Lecture10
Tutorial14
Group work6
Course coordinator(s)dr. J Pieters
Lecturer(s)dr. J Pieters
Examiner(s)dr. J Pieters

Language of instruction:

English

Assumed knowledge on:

DEC-21806 Macroeconomics and International Trade; UEC-21806 Microeconomics or AEP-20306 Economics of Agribusiness; and some econometrics.

Continuation courses:

BEB Thesis; DEC-30306 Central Themes in Economics of Development

Contents:

This course focuses on the impacts of globalization and trade policies in developing countries. Topics covered include effects of international trade on wages and poverty; trade in intermediate inputs; fair trade and certification; standards; and productivity. The theoretical models pertaining to these issues are discussed, building on basic microeconomics and on standard trade models. Recent empirical evidence will also be covered. Through assignments, discussions, and an individual paper, students will address some of the most important current issues related to international trade and development.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- analyze recent empirical trends in globalization and international trade flows;
- identify the channels through which international trade affects people and firms in developing countries;
- understand and apply the main economic theories on the effects of international trade on wages, poverty, inequality, and productivity in developing countries;
- analyze the economic sense and non-sense of fair trade, certification, and trade standards;
- critically review empirical literature on the impacts of international trade in developing countries.

Activities:

Lectures, tutorials, group work, and an individual paper.

Examination:

- written exam with open questions exam (75%);
- individual paper (20%);
- group discussion (5%).

Literature:

Recent academic articles, these will be made available through Learning Environment@wur.

ProgrammePhaseSpecializationPeriod
Restricted Optional for: MMEManagement, Economics and Consumer StudiesMScC: Economics and Governance1AF
BEBEconomics and GovernanceBSc1AF