International Trade - EC549

Location Term Level Credits (ECTS) Current Convenor 2018-19 2019-20
Canterbury Autumn
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6 15 (7.5) DR MDC Garcia-Alonso


EC500 Microeconomics, EC502 Macroeconomics





The study of international trade has always been an especially lively and controversial area in economics. Yet there was never a time when the study of international trade was as important as today. The economies of different countries are more dependent on each other than they have ever been before, meaning that, among other things, regional crises can spread throughout the world. Keeping up to date with this changing international environment and being able to understand the dynamics behind it is of key importance to firms and governments.


This module appears in:

Contact hours

11 lectures
6 seminars

Method of assessment

10% In Course Test
10% Essay (1500 words)
80% Examination (2 hours)

Preliminary reading

P R Krugman and M Obstfeld, International Economics, Theory and Policy (7th ed), 2009; or P R Krugman, M Obstfeld and M J Melitz, International Economics, Theory and Policy, 9th ed, 2012, Addison-Wesley
D R Appleyard, A J Field and S L Cobb, International Economics, McGraw-Hill, 2010
The World Trade Organization,

See the library reading list for this module (Canterbury)

See the library reading list for this module (Medway)

Learning outcomes

By the end of this module you will be able to
• understand the traditional and modern theories that explain the existence of inter-industry and intra-industry trade
• evaluate the relevance of the different instruments of trade policy
• follow, assess and critically evaluate the world trade negotiations
• critically evaluate theoretical and applied studies concerning international economic issues and policies
• follow analysis of economic problems, construct your own economic arguments and offer critical comments on the arguments of others
• present economic arguments and ideas in seminars and essays
• work in a group on economics seminar problems.

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