International Microeconomics
Basic concepts of supply- and of demand-oriented trade theories. Heckscher-Ohlin model, analytical presentation of the neoclassical model, 4 main theorems, alternatives to neoclassics: Ricardo-Viner Model, Increasing returns, Product differentiation and intrasectoral trade, Welfare and political economics of trade policy, International factor mobility and globalization.
For more details we refer to UniGrazOnline.
Literature
- K. Farmer, Th. Vlk, Internationale Ökonomik. Eine Einführung in die Theorie und Empirie der Weltwirtschaft. 3. Aufl., LIT-Verlag Wien 2008, Kap. 8- 11.
- P. R. Krugman, M. Obstfeld, International Economics. Theory and Policy, 8. ed., Pearson, Kap. 3- 9.
- R. Feenstra, M. Taylor, International Economics. Palgrave 2008.