Pol Econ of Trade Policy

3 Credits · Level: Graduate, Undergraduate

This course focuses on the political economy of international trade policy. The course begins with an overview of the effect of free trade on welfare and income distribution in standard trade models. Next, we study trade policy in theory and in practice, which leads to an inquiry into the processes by which trade policies are formed. We examine both domestic political determinants of trade policy and models of international trade relations. We also cover recent literature on the China-US trade policy war. The pre-requisites are Micro/Intermediate Micro and Econometrics, as we will do close readings of empirical papers.