In this course, several general equilibrium models will be developed to analyze whether there are gains or losses from trade, what determines the pattern of trade, effects of trade on the distribution of income, and the transmission of shocks (i.e. technological or policy changes) from one country to another. The framework will be used to analyze several policy issues, which may include, financing of trade, the effects of tariffs and quotas, trade liberalization and the WTO.Weekly
In this course, several general equilibrium models will be developed to analyze whether there are gains or losses from trade, what determines the pattern of trade, effects of trade on the distribution of income, and the transmission of shocks (i.e. technological or policy changes) from one country to another. The framework will be used to analyze several policy issues, which may include, financing of trade, the effects of tariffs and quotas, trade liberalization and the WTO.Weekly
