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The International Trade Course for BA (Hons) Economics Semester V, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 45 Hours.
Course Fee : Rs. 6000
Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of Semester V Exams.
Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.
You will Get
- Full Course Video Lectures
- Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions
- Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students
- Live online Doubts Sessions for resolution of Doubts
- Mock Tests at the Website
- Video Lectures Cover Theory Portions Exchaustively + Complete Solutions of Back Questions of readings + Solutions of Previous Years Papers + Large Number of Numericals
On Payment of Fee we will create your account on our website & you need to login and download all the lectures & our APP through that login account
Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of the Semester V Exams
Payment Details
To purchase any course you need to transfer the amount either through Google Pay or PhonePe at 9811261671 or Paytm at 9899192027 or Transfer through net banking IMPS into the following account
Account Details
Dheeraj Suri
Saving Account Number
392010100053871
Axis Bank, Model Town Branch
Delhi – 110009
IFS Code : UTIB0000392
Payment App Details
GPay Number : +91 9811261671
PhonePe Number : +91 9811261671
Paytm Number : 9899192027
After transfer update us with payment details through Whatsapp at +91 9899192027
Demo Lectures
Exam Pattern
The End-semester Examination (75 marks) will have the following format:
The question paper will have two parts: Part A and B.
Part A consists of Topic No. 1, 2 and 3. Part B consists of Topic 4.
Part A shall have 5 questions (15 marks each), out of which 3 questions to be answered.
Part B shall have 3 questions (15 marks each), out of which 2 questions to be answered.
The weightage for numerical questions in Part A and B together shall be 15 to 20 marks
Questions may cut across chapters.
Click Here for Reading List of International Trade
Course Content of Our Video Lectures
Topic – 1 : Introduction
Chapter 1 : Gravity Model [26 Minutes]
Based Upon Krugman, Chapter 2
Number of Lectures 1 Lectures
Total Duration of Lectures 26 Minutes
Topic – 2 : Theories of International Trade
Chapter 2 : Ricardian Model [242 Minutes]
Based Upon Krugman, Chapter 3
Number of Lectures 5 Lectures
Total Duration of Lectures 242 Minutes
Chapter 3 : Specific Factors Model [163 Minutes]
Based Upon Krugman, Chapter 4
Number of Lectures 4 Lectures
Total Duration of Lectures 163 Minutes
Chapter 4 : Heckscher Ohlin Model [109 Minutes]
Based Upon Krugman, Chapter 5
Number of Lectures 2 Lectures
Total Duration of Lectures 109 Minutes
Chapter 5 : Standard Trade Model [112 Minutes]
Based Upon Krugman, Chapter 6
Number of Lectures 3 Lectures
Total Duration of Lectures 112 Minutes
Chapter 6 :External Economies of Scale [85 Minutes]
Based Upon Krugman, Chapter 7
Number of Lectures 1 Lectures
Total Duration of Lectures 85 Minutes
Chapter 7 : Firms in Global Economy [143 Minutes]
Based Upon Krugman, Chapter 8
Number of Lectures 2 Lectures
Total Duration of Lectures 143 Minutes
Topic – 3 : Trade Policy
Chapter 8 : Instruments of Trade Policy [140 Minutes]
Based Upon Krugman, Chapter 9
Number of Lectures 4 Lectures
Total Duration of Lectures 140 Minutes
Chapter 9 : Free Trade [140 Minutes]
Based Upon Krugman, Chapter 10
Number of Lectures 3 Lectures
Total Duration of Lectures 140 Minutes
Chapter 10 : Controversies in Trade Policy [48 Minutes]
Based Upon Krugman, Chapter 12
Number of Lectures 1 Lecture
Total Duration of Lectures 48 Minutes
Topic – 4 : International Macroeconomic Policy
Chapter 11 : Equilibrium in Foreign Exchange Market [65 Minutes]
Based Upon Krugman, Chapter 14
Number of Lectures 1 Lecture
Total Duration of Lectures 65 Minutes
Chapter 12 : Exchange Rate & Open Economy [308 Minutes]
Based Upon Krugman, Chapter 17
Number of Lectures 5 Lectures
Total Duration of Lectures 308 Minutes
Chapter 13 : Fixed Exchange Rate [171 Minutes]
Based Upon Krugman, Chapter 18
Number of Lectures 3 Lectures
Total Duration of Lectures 171 Minutes
Chapter 14 : International Monetary System [83 Minutes]
Based Upon Krugman, Chapter 19
Number of Lectures 2 Lectures
Total Duration of Lectures 83 Minutes
Chapter 15 : International Globalisation [63 Minutes]
Based Upon Krugman, Chapter 20
Number of Lectures 1 Lecture
Total Duration of Lectures 63 Minutes
End of Syllabus
Course Description
Course Objective
The purpose of this course is to inform the basics of international trade theory and to examine the effects of international economic policies on domestic and world welfare. This course develops a systematic exposition of models that try to explain the composition, direction, and consequences of international trade, and the determinants and effects of trade policy. Although the course is based on abstract theoretical models, students will also be exposed to real-world examples and case studies.
Course Learning Outcomes
The module aims to introduce students to the main theoretical and empirical concepts in international trade, equip students with a thorough analytical grasp of trade theory, ranging from Ricardian comparative advantage to modern theories of intra-industry trade, and familiarise students with the main issues in trade policy and with the basic features of the international trading regime. At the end of the course, the students should be able to demonstrate their understanding of the economic concepts of trade theory. In some models, the student will be required to deal with simple algebraic problems that will help them to better understand these concepts, use diagrammatic analysis to demonstrate and compare the economic welfare effects of free trade and protection, demonstrate their understanding of the usefulness and problems related to topics in international trade, and demonstrate their critical understanding of trade policies.
Unit 1
Introduction: What is international economics about? An overview of world trade. Stylized facts about international trade
Unit 2
Neoclassical trade theories: Ricardian trade theory (notion of comparative advantage and gains from trade due to specialisation); an introduction to the distributional effects of trade; the specific factor model; Heckscher-Ohlin theory: Rybczinski and Stolper-Samuelson theorems; Heckscher-Ohlin theorem; factor price equalisation
Unit 3
New trade theories: external economies of scale, internal economies of scale; the Krugman model; firm heterogeneity; international movement of factors; introduction to the theory of multinational firms
Unit 4
Trade policy: instruments of trade policy; tariffs, quotas, export subsidies, voluntary export restraints. The economics of trade policy; political economy of trade policy; controversies in trade policy
References
1. Feenstra, R., Taylor, A. (2014). International economics, 3rd ed. Worth Publishers.
2. Krugman, P., Obstfeld, M., Melitz, M. (2018). International Economics -Theory and Policy, 11th ed. Pearson Education.
3. Pugel, T. (2015). International economics, 16th ed. McGraw-Hill