International Economics I
MIT OpenCourseWare's graduate-level course on international trade theory and empirics. Topics include why countries trade, what goods they trade, and how openness to trade shapes the location of production, industries, occupations, and innovation. The course examines both positive questions and normative ones, such as whether trade openness benefits a representative agent and who wins or loses from it. Models range from neoclassical settings to those with market failures, and analysis runs from the industry level down to the firm level, incorporating mobile and immobile factors like foreign direct investment, offshoring, multinational firms, and immigration. Materials include lecture notes, readings, and assignments as posted by MIT OpenCourseWare, free to access with no certificate offered. Suited to students who already have a grounding in microeconomics and want a rigorous treatment of trade theory and policy.