Economics of Globalization

4.0 credits

This course studies the economics of world integration. The goal of the course is to teach students a set of conceptual tools that are useful for understanding the causes of international trade, and the implications of globalization. We will discuss and address important questions such as: Why do countries trade with each other? Do countries benefit from trade? Who are the winners and losers? What goods should countries import and export? Additionally, we will explore various trade policy issues, including the gains from trade, the use of different trade policy instruments, the economic effects of trade wars, and the organization of the international trade system.