International Trade Theory
1/2009
Department of Economics, Chulalongkorn University
Instructor : Kornkarun Kungpanidchakul, Ph.D.
Time and Date : Mon 9-12
Office hours: by appointment
Office: ECON 312
Recommended Textbooks:
- Bhagwati, Panagariya, and Srinivasan (1998), Lectures on International Trade, the MIT press.
- Krugman and Obsfeld (2006), International Economics: Theory and Policy
- Markusen, Melvin, Kaempfer and Maskus (1996), " International Trade: Theory and Evidence", available here : http://spot.colorado.edu/~markusen/textbook.html
- Bagwell and Staiger (1999), The Economics of the World Trade System
Reading Lists:
i) Comparative Advantage, Gains from trade and Ricardo
Reading list:
BPS chapter 2 , KO chapter 3, MKM chapter 6
ii) Extensions of Ricardian Theory
Reading list: Lecture#2
BPS chapter 3, KO chapter 3
iii) The Endowment Model
Review Lecture : Slutsky Decomposition for the endowment model
iv) The Heckscher- Ohlin Model
Reading list: Lecture #4
BPS chapter 5-6, KO chapter 4, MKM chapter 8
v) The Specific Factor Model (Ricardo-Viner)
Reading list: Lecture #6
BPS chapter 7, MKM chapter 9
Homework
Useful External Links:
Markusen, Melvin, Kaempfer and Maskus, " International Trade: Theory and Evidence"