Description: Lecture, three hours; discussion, one hour. Limited to Master of Applied Economics students. Investigation of several theoretical frameworks in international economics followed by applications to empirical questions. Neoclassical trade models, analysis of firms and heterogeneous producers, and economic geography topics. Case studies and empirical papers focus on understanding determinants of trade patterns and on measurement of aggregate and distributional effects of international trade. Discussion of recent research on effects of NAFTA and Brexit, effect of trade on inequality in developed and developing countries, and impact of infrastructure investments on trade and development. Letter grading.

Units: 4.0