| Description |
** former International Trade ***
IMPORTANT NOTICE:
For course information and course materials refer to the WTI Course Number: 474670-FS2026-0-International Economics- there will be no updates/information, etc. under this KSL or ILIAS page, fyi.
**************************************************************************************
Lecturer: Octavio Fernandez-Amador
Wednesdays and Thursdays, please see schedule
The lecture takes place at the World Trade Insitute premises, Silva Casa Auditorium, Hallerstrasse 6, Bern
Audience:
• Bachelor in Economics – Department of Economics, Unibe - Elective
• Master of Advanced Studies of International Law and Economics (MILE) Students – World Trade Institute, Unibe - Compulsory
• Joint LL.M. / Diploma of Advanced Studies Trade and Investment Law (TRAIL+) Students - World Trade Institute / Faculty of Law, Unibe - Compulsory
1. Exam date: Wednesday, 03. June 2026, 14.15-15.45 hrs, Silva Casa Auditorium
2. Exam date: Wednesday, 09. September 2026, 14.15-15.45 hrs, Silva Casa Auditorium
please register for the course in KSL (THIS course, not the WTI Course, fyi). registration is open from 20.01.- 10.02.2026
***********************************
Important information for exam registration:
economic students must register on THIS course, NOT under the WTI course!
***********************************
COURSE DESCRIPTION
The goal of the lectures in international economics - is to gain basic understanding of the fundamental theories of international trade, basic concepts to assess welfare implications of trade policies, and to become familiar with the stylized facts on international trade. The course develops a general framework for understanding why countries trade, what goods they import and export, how trade affects labour markets and the distribution of income, the benefits from international trade, and the politics and effects of trade policy.
Students should acquire enough knowledge to be able to formulate a well-founded opinion about specific topics in the international trade literature such as the arguments for and against protection in the era of global value chains and the position of developing countries in international trade.
The compulsory reading is the textbook of Krugman, Obstfeld and Melitz on international trade theory. In class we will discuss intensively the chapters indicated in this syllabus and the students are required to read those chapters before class. The students are required to prepare for the current class.
Bachelor students of the Department of Economics will earn 3 ECTS for this course.
RECOMMENDED LITERATURE
• Krugman, P.R., Obstfeld, M. & Melitz M. J. (2023): International Economics. Theory and policy. 11th edition, Harlow, Essex: Pearson Education. (12th edition -11th edition also works)
Note: Additional readings will be made available on-line. The textbook readings are required. Additional readings help understand basic concepts related to the lectures and to supplement the compulsory readings either during the class or for the exercises proposed. Additional readings are optional but will help with comprehension and the review questions (i.e., will help with the exam).
Complementary economic references [Optional and supplementary information for students]
Books and online handbooks
1. Van Marrewijk, C. (2017): International Economics, Oxford: Oxford University Press. |