ECON 40710 - INTERNATIONAL TRADE
Monday 9:30am - 12noon
716 Flanner Hall
Robert Feenstra and Alan M. Taylor, International Trade, Worth
Gains From Trade
Specific Factors Model
Lerner Pearce Diagrams
Testing Trade Theories
Monpolistic Competition Part I
Monpolistic Competition Part II
Monpolistic Competition Part III
Trade Policy Part I
Trade Policy Part II
Problem set 4 is now available.
I posted solutions to PS3
PS1, Solutions (Optimization)
PS2, Solutions (Ricardian model)
PS3, Solutions (Specific factors and Heckscher-Ohlin model)
PS4, Solutions (Heckscher-Ohlin model)
PS5, ExcelFile, Solutions (Monopolistic competition)
PS6, Solutions (Trade policy)
Note: Most of these articles are protected by copyrights. As a
Notre Dame student you have access to them at no costs. However, you
need to be within ND's network (e.g. at the library).
Additional Learning Ressources
- Paul Krugman, “What do Undergrads Need to Know About Trade?,” American Economic Review Papers and Proceedings, May 1993.
Irwin, “The United States in A New Global Economy? A Century’s
Perspective,” American Economic Review Papers and Proceedings, May 1996.
- David Ricardo, On the Principles of Political Economy and Taxation, On Foreign Trade, Chapter 7
- Paul Krugman, "Ricardo’s Difficult Idea" in The Economics and Politics of International Trade.
- Paul Krugman, "In Praise of Cheap Labor," Slate, March 1997.
- Paul Krugman, "Does Third World Growth Hurt First World Prosperity?," Harvard Business Review, July-August 1994.
- Bernard, Jensen, Redding, and Schott, "Firms in International Trade", Journal of Economic
- Paul Krugman, "Is Free Trade Passe?," Journal of Economic Perspectives, Fall 1987.
- Robert E. Baldwin, "The Political Economy of Trade Policy", The Journal of Economic Perspectives, Autumn, 1989.
Feenstra, “How Costly is Protectionism?,” Journal of Economic Perspectives, Summer 1992.
There is a "Study Guide with Worked Examples" for use with the main
text. The book is available for purchase online. You can see a preview
on Google books (link).
There are some exercises and additional material that you can access on the publisher's website (link). You do not need to provide my email address when you register.
Below you will find additional material I used in class
University of Notre Dame Academic Code of Honor: read about it here, link.
Unexcused absences from the semester
examination will result in a student receiving a grade of no credit on
the final examination. Read the University of Notre Dame Final
Examination Policy here, link.
Extra Credit Opportunity: There will be no extra credit opportunities for this class.
Undergraduate Scholar Conference
Carroll Round: Undergraduate International Economics Conference at Georgetown University
Graduate studies (AEA web site)