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Home > Degree Programs > Teaching & Courses > 2009-2010 Course Listing > The Economics of Trade Policy
ITF-210: The Economics of Trade Policy
Faculty: Robert Lawrence
Schedule
| Day | Time | Location | |
|---|---|---|---|
| First Day | 9/2 | ||
| Meet Day | M/W | 4:10 PM - 5:30 PM | L332 |
| Review | F | 1:10 PM - 2:30 PM | L382 |
Description
This course covers the economics of international trade theory and policy. Emphasis is placed on developing analytic tools and applying them to shed light in policy issues that arise in todays global economy. The first part of the course focuses on theory. It covers topics such as the case for free trade under perfect and imperfect competition, the determinants of international trade, trade policy instruments such as tariffs, quotas, and subsidies, strategic trade policy and the political economy of trade policy. The second part of the course uses five case studies to explore the relevance of these theories to trade policy. It covers issues such as trade and income inequality, the World Trade Organization, fair trade, deeper economic integration (intellectual property, labor and environmental standards) and dispute settlement. Prerequisites: Students are presumed to have a background in intermediate microeconomic theory. This course may not be taken together with ITF110.