International Trade Theory

Konkuk University

Course Description

  • Course Name

    International Trade Theory

  • Host University

    Konkuk University

  • Location

    Seoul, South Korea

  • Area of Study

    Economics, International Trade

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credits

    3
  • Recommended U.S. Semester Credits
    0
  • Recommended U.S. Quarter Units
    0
  • Overview

    To introduce students to the theories of trade on why international transactions in goods and services occur, what benefits and costs trade brings about, and how governments try to cope with the consequences of trade effects on resource allocation and income distribution. To help them gain a perpective on the efficient allocation of resources across countries.

    trade in the global economy
    introduction to trade models
    introduction to the specific-factors model
    introduction to the Heckscher-Ohlin model
    introduction to the Heckscher-Ohlin model (cont.)
    immigration and foreign direct investment
    introduction to the monopolistic competition model
    test based on the materials covered until the 7th week
    introduction to an offshoring model
    introduction to an offshoring model (cont.)
    import tariffs and quotas in perfectly competitive markets
    tariffs and quotas under imperfect competition
    export subsidies in agriculture and high-tech industries
    international negotiations in trade, labor and the environment
    international negotiations in trade, labor and the environment (cont.)
    test based on the materials covered during week 9 to week 15

Course Disclaimer

Courses and course hours of instruction are subject to change.