AECO 22A00 - Trade and International Finance

This course offers students an introduction to two key dimensions of g lobalization: international trade and international finance. The course applies an empirically grounded theoretical structure to current policy issues. Using theoretical and empirical tools, we will consider a wide range of questions such as: What are the gains of specialization? What is the effect of trade on inequality?

How does market power of firms affect international tr ade? What are the consequences of trade policies? What drives international financial fl ows? What is the relation between exchange rates and monetary policy? How does globalization affect the conduct of macroeconomic p olicies? Is the euro an optimal currency area? Why have there been so many international financial crises?

Two hour lecture by professor, including participation activities, on Wednesdays, 13:20–15:20.

There are also tutorials (traveau dirigés in French) conducted by the teaching assistant.

The grading of the course is broken down as follows:

• 1/3 final exam (two hours, closed book)
• 1/3 mid term exam (two hours, closed book)
• 1/3 continuous assessment activities in the tutorials (e.g. problem sets)