Course ObjectiveStudents will
• have gained a thorough understanding of the main concepts and theories
of international trade, economic growth and development
• be better able to apply theoretical models to real life cases, which
will help them in developing independent and critical opinions on the
contemporary debate on globalization and its effects
• have gained a solid understanding of the main approaches, findings and
policy implications of applied economic research on trade and
Course ContentThis course introduces students to modern approaches to the analysis of
international trade and economic development. The course consists of two
parts. In the first part, students will be exposed to classic as well as
contemporary theories of international trade. Critical debates around
globalization will be covered. For example, the course will enquire into
the impact of ‘fair trade’ initiatives and the adequacy of international
regulations governing multinational corporations. The second part of the
course focuses on the meaning and realization of economic development,
with explicit attention to the importance of environmental
sustainability. The measurement of poverty and inequality is addressed
at the local, national and global level. Drivers of development are
studied, including processes such accumulation of human capital,
intersectoral transfer, migration, international trade, and capital
flows. The role of institutions and governance is examined, and policy
implications are highlighted. Particular attention is paid to the gender
dimensions of the above topics.
Teaching MethodsLectures and seminars (active learning groups). Please note that
participation in the seminars is mandatory.
Method of AssessmentTwo written exams, seminar assignments involving problem sets, and one
or more class presentations.
Entry RequirementsMandatory courses specialization Track 2: Economics
LiteratureP.R. Krugman, Obstfeld, M. and Melitz, M.J. (2011), International
Economics: Theory and Policy, 9th edition, Pearson Education
M.P. Todaro and Smith, S.C. (2011), Economic Development , 11th edition,
Target AudienceSecond year PPE students
Additional InformationPlease note that participation in the seminars is mandatory.
Custom Course RegistrationThere is a slightly different enrollment procedure for this module. The standard procedure of the Faculty of Humanities has students sign up for (i) the module, (ii) the form of tuition (lecture and/or preferred seminar group), and (iii) the exam. However, for this module the instructor will assign the students to the seminar groups. Therefore, students should sign up for (i) the module, (ii) lecture and (iii) the exam, but not for the seminar groups.
Recommended background knowledgeMandatory courses specialization Track 2: Economics
|Language of Tuition||English|
|Faculty||Faculty of Humanities|
|Course Coordinator||prof. dr. P.F. Lanjouw|
|Examiner||prof. dr. P.F. Lanjouw|
prof. dr. P.F. Lanjouw
You need to register for this course yourself
Last-minute registration is available for this course.
|Teaching Methods||Lecture, Seminar*|
*You cannot select a group yourself for this teaching method, you will be placed in a group.
This course is also available as: