More detailed information about scheduling, as well as handouts, data files or additional materials for the lectures and seminars, will be gradually published via the Moodle system. Basic introduction to the use of the Moodle system will be provided during the first session.

Topics that will be discussed during the lectures/seminars:

Introduction. Trade data and trends.
Model of comparative advantage (Ricardo) and its extensions.
Neoclassical models - the role of differences in factor endowments. Specific factor model.
Heckscher-Ohlin model: derivation of the Leamer diagram. Stolper-Samuelson theorem. Factor Price equalization. Rybczynski theorem.
Empirical tests of trade theory. Leontief paradox. Intra-industry trade. Alternative theories of international trade (Product cycles, Linder's overlapping demands).
New theory of international trade: Krugman model with monopolistic competition and increasing returns to scale.
Introduction to the "New new" theory - models with heterogeneous firms (Melitz).
Introduction to the New Economic Geography (NEG)
Trade policy: basic instruments, partial equilibrium models.
Trade policy: general equilibrium, large country issues.
Economic integration: customs unions and free trade areas. Trade creation and trade diversion effects.
Models with mobility of factors of production.
Current issues in international trade.