Del av runda stolar i svart läder.

A deeper understanding of international trade

Course

International Trade Theory

7.5 credits

Spring

100%

Campus

The aim of this course is to provide deeper understanding of how the global allocation of resources and technologies creates incentives for trade. It examines different models for international trade such as the Ricardo model and the Heckscher-Ohlin model, using them as a framework in order to investigate gains and losses from trade.

Want to know why you should study at Södertörn University? Find out here.

Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read about research in this subject
Modelling and evaluating trade policy and its impact on development On this course, you will gain deeper understanding of how the global allocation of resources and technologies creates incentives for trade and labour. You will examine different models for international trade such as the Ricardo model and the Heckscher-Ohlin model, learning about the causes of different outcomes in the models. You will also use them to evaluate the impact from different kinds of trade policy. Trade under imperfect competition is also examined, as are migration, the movement of capital, outsourcing and trade policies. You will become aware of the importance of economics in the process of social development, as well as the responsibility associated with the use of economic tools and the ethical aspects of economic research. Course design The curse is taught through lectures, but some individual or group work may also be required; assessment is through written examination.
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.