ECON-484 Political Economy of Trade Policy
Spring for 2017-2018
This course focuses on the political economy of international economic integration, in particular trade and migration policies. The course begins with an overview of the effect of free trade on welfare and income distribution in standard trade models. Next, we study trade policy in theory and in practice, which leads to an inquiry into the processes by which trade policies are formed. We examine both domestic political determinants of trade policy and models of international trade relations. The second part of the course focuses on the political economy of migration policy. We first investigate the relationship that links the two dimensions of globalization, trade and immigration. Next, we explain the role of migration policy in shaping international migration flows. Finally, we develop a political-economy model of migration policy and investigate its components. Spring.
Credits: 3
Prerequisites: ECON-101 or ECON-103; and ECON-122
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