1 to 3 credits
Fall 2025 Lecture
A course in international trade theory and empirics, with emphasis on surveying the recent developments in the field-including empirical applications of material covered in ECON 634. While specific subject matter may vary from year to year, likely topics include: theory and empirics on trade and wages, trade and the environment, trade in the presence of multinational firms and vertical specialization, empirical evaluation of the positive theories of trade (especially factor endowment and variety models), and the identification and measurement of trade barriers and their effects. Material is selected from current journal articles. Prerequisite: ECON 60700.
Learning Outcomes1Identify the evolution & applications of general equilibrium modeling with heterogeneous firms and industries.
2Outline theory and simulation techniques to modeling frameworks to questions in international trade.
3Demonstrate knowledge & analysis of New Trade Theory applications through preparation of a 20-30 minute in class presentation.
Restrictions
made by Purdue students.