Trade and Development

The course gives an overview of how exchange in general and international trade in particular are related to different aspects of development. It also gives the possibility to relate the standard economics trade and development theories/models to other theories of development.

5 ECTS Credits — Studies start 28 September 2020 — Tampere University

Photo credit: Stella, 2006, on Flickr.
Photo credit: Stella, 2006, on Flickr.

Course dates

28 September 2020 – 6 November 2020

Registration period

31 August 2020 – 20 September 2020

Coordinating university

Tampere University

Instructors

Jukka Pirttilä

Credits

5 ECTS

Course dates: 28.09.2020-06.11.2020
Registration dates: 31.08.2020-20.09.2020
Coordinating university: Tampere University
Responsible teacher: Jukka Pirttilä,
Credits: 5 ECTS

Course summary

The course consists of introduction to four main topics:

  • Different concepts/aspects of development
  • Basic theories of development, linkage to different concepts of development, insights from behavioral economics, introduction to evaluation of development policies
  • The rationale for exchange, different modes of exchange, trade: exchange in markets, comparative advantage and its sources, role of institutions and history in determining comparative advantage
  • Trade and development: connecting trade to the different aspects of development: trade and growth, trade and inequality, trade and poverty, trade and environment, trade policies (both national and international)

The course objectives are:

  • The main objective to give an overview of how exchange in general and international market exchange (international trade) in particular are related to different aspects of development.
  • The other objective is to give the possibility to relate the standard economics trade and development theories/models to other theories of development.

Learning outcomes

  • The students should be able to analyze the role of international trade in development from different points of view thereby understanding the complexity of the issues and the role policies can have in promoting development.

Learning methods

Lectures, problems, essays.

Study materials

The main text is Todaro-Smith: Economic Development.

Other texts used are Hoekman-Kostecki: The Political Economy of the World Trading System, and Allen F, Behrman JR, Birdsall N, Fardoust S, Rodrik D, Steer A, Subramanian A. Towards a Better Global Economy: Policy Implications for Citizens Worldwide in the 21st Century

Assessment

  • Grading based on both the final exam (60%) and assignments (40%)
  • Two set of assignments (problems, short essays). The first after the ‘Development’ part and the 2nd after the ‘Trade’ part
  • Assignments can be made in groups of up to three people or alone
  • Exam: after the lectures

Additional information

Virtual Studies Course Catalogue