International trade and Investment – IPP

About this course

The aim of the course is to understand the international dimension of the economy, analysing the determinants, patterns and flows of trade and international investment

Expected learning outcomes

‘- Identify the key problems of international economics To analyze the main determinants of the flows and patterns of international trade, on a theoretical and on an empirical strand – Reflect critically on international trade policies – Understand and interpret the strategy of internationalization of companies

Indicative Syllabus

1.Structure and trends in the global economy. Reading and interpretation of international specialization. The indicators of the nature and volume of international specialization.

2. The determinants of international specialization. Theories of International Trade. The labor market and international trade. Imperfect market structures. Economies of scale. Trade and monopolistic competition. Trade and oligopolistic competition.

3. Multinational corporations and trade. Modelling the volume of trade and introduction of space: the gravity model. Multinational corporations and globalization.

4. Foreign Trade Policy. The trade policies of states. The European trade policies. The single market in practice: effects on the expertise of European economies.

5. International movement of production factors and multinational companies. FDI and the location of firms. The theoretical analyses of transnationalisation of capital. FDI and trade.

Teaching / Learning Methodology

TBA

Recommended Reading

TBA