Description
Aims: This module examines the causes and consequences of international trade and investment through basic theoretical frameworks, empirical evidence, and applications to real-world questions of interest to business leaders, policy makers and the general public. It investigates why nations trade, what they trade, and how trade affects welfare, growth and income inequality. It explores the role of multinational companies, foreign direct investment, and international migration. Finally, it analyzes the rationale for international trade policies and their economic impact. Special segments highlight key current phenomena, such as global value chains; heterogeneity in firm productivity, quality and management; financial and labor market frictions.
Prerequisites: ECON0065: Microeconomics.Ìý
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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