Syllabus
Students are required to follow the instructions and requirements specified in the course sylabus available at https://upces.cerge-ei.cz/academic-life/upces-courses-a-z Scroll for the UPCES Course List and click on the particular course for course description and syllabus.
Reading materials: the coordinators of the UPCES programme will inform the enrolled students where to get them.
Annotation
This course covers, with a focus on both theory and empirics, essential topics in international (interregional) trade and trade policy analysis at the undergraduate level. These basics are complemented by hands-on work with empirical data, and discussions of topic which appear in current debates on trade policies and protectionism. The course attempts to provide insight into the following questions:
- Why do countries (regions) trade? And how does trade influence the welfare of their citizens?
- What determines which goods/services will be exported/imported by particular countries?
- How do trade policies influence the effects of trade on economies and their welfare?
- How are US and EU policies formed and how do they differ? If US uses “Buy America/n”, is there something like “Buy European”?
- How can we identify and evaluate vulnerabilities caused by dependencies on countries such as China, Russia, etc.?
- What kind of sanctions can be used (and are used by the USA, EU, and China), and how do they influence welfare?