Advanced International Trade

Postgraduate | 2026

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Area/Catalogue
ECON 6020
Course ID icon
Course ID
206045
Level of study
Level of study
Postgraduate
Unit value icon
Unit value
6
Course level icon
Course level
2
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No
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Note:
Course data is interim and subject to change

Course overview

This course covers the high-level theoretical and contemporary econometric tools necessary to understand, analyse, and evaluate recent empirical and theoretical research in international trade. The course deals with the theory and practice of international trade and of trade-related policies. It focuses on the advanced analysis of topic such as; the gains from trade, the changing patterns of trade, the income distributional consequences of liberalising foreign trade, the relationship between trade, investment, and economic growth, and the reasons for and consequences of various trade policies. 

  • Compare at the level of formal analysis the major models of international trade and be able to distinguish between them in terms of their assumptions and economic implications

Course learning outcomes

  • Compare at the level of formal analysis the major models of international trade and be able to distinguish between them in terms of their assumptions and economic implications
  • Apply partial equilibrium and (where required) general equilibrium models in analysing the economic effects of various trade policies, including tariffs, quotas, subsidies, and trade agreements
  • Distinguish and critically analyse the main arguments for trade protection and conversely be able to critically evaluate the arguments for free trade, taking into account the costs and benefits of trade policy measures on different sections of the community
  • Identify major recent developments in the world trading system and be able to critically analyse key issues raised both by multilateral and regional trade arrangements
  • Form the relationship between international trade theory and observed trade flows through evidence-based analysis. Demonstrate understanding of how the relationship among trade policy, trade practice and geopolitics can lead to sub-optimal welfare and growth outcomes

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A