14.54 | Fall 2016 | Undergraduate
International Trade

Calendar

SES # TOPICS KEY DATES
1 Introduction  
2 The Basics  
3 Preferences and Demand  
4 Exchange Economies  
5 Exchange Economies: Welfare, Inequality, and Trade Imbalances Pset 1 available
6 “Standard” Trade Models Pset 2 available
7 “Standard” Trade Models: Changes in Terms of Trade Pset 1 due
8 Ricardian Trade Model  
9 Extensions of Ricardian Model

Pset 2 due

Pset 3 available

In-class Midterm Exam
10 Production Functions

Pset 3 due

Midterm grades available

11 Specific Factors Model  
12 Specific Factors Model (cont.) Pset 4 available
13 Heckscher-Ohlin Model of Trade  
14 Heckscher-Ohlin Model of Trade (cont.) Pset 4 due
15 Heckscher-Ohlin Model of Trade (cont.)  
16 Trade and Inequality Pset 5 available
17 Increasing Returns to Scale  
18 Consequences of Increasing Returns: Theory and Evidence Pset 5 due
19 Increasing Returns: Dumping and External Economies of Scale  
20 Trade Policy: Tariffs  
21 Trade Policy: Other Policy Instruments Pset 6 available
22 Trade Policy (cont.)  
23 Factor Mobility: Labor Migration Pset 6 due
24 Factor Mobility: Multinational Firms  
25 Offshoring: Do Old Rules Still Apply  
Final Exam
Course Info
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As Taught In
Fall 2016
Learning Resource Types
assignment Problem Sets
grading Exams
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