International Economics

General characterization

Prerequisites

None.

Bibliography

1.Reinert, Kenneth A. An Introduction to International Economics. New Perspecitves on the World Economy. Cambridge: Cambridge University Press, 2011.
2.Schenk, Catherine R. International Economic Relations since 1945. New York: Routledge, 2011.
3.Krugman, Paul, Obstfeld, Maurice and Melitz, Marc. International Economics. Theory and Policy. New Jersey: Prentice Hall, 2011 (9th edition).
4.Broadberry, Stephen and O’Rourke, Kevin (Eds.). The Cambridge Economic History of Modern Europe. Vol. 1: 1700-1870, Vol. 2: 1870 to the Present. Cambridge: Cambridge University Press, 2010.

Teaching method

Available soon

Evaluation method

Método de avaliação - A mid-term test(50%), a final test (50%)

Subject matter

This course addresses the study of the theoretical and empirical tools that allow for a better understanding of how the economies interact in a globalized world. It will discuss the theories that explain the direction and content of international trade, including the theory of comparative advantages (Ricardo), the theory that determine the intensity of flows based on the analysis of the allocation of factors of production (Heckscher-Ohlin), and the gravitational theories that explain why there may be no winners in international trade (Krugman). From the empirical point of view, we will study the causes behind fluctuations in the intensity of international economic relations, since the advent of European industrialization in the nineteenth century through the downturn of the international economy between the wars, the analysis of the causes behind the growing economic globalization since the end of World War II.

Programs

Programs where the course is taught: