Optional Group E: Paper- 541
Basis and the Gains from Trade
Absolute Advantage theory, Law of comparative advantage, Opportunity Cost Theory,
Production Possibility Curve with opportunity costs and relative commodity price, The
basis for and gains from trade under constant costs.
Production Possibility Curve -with increasing costs, Community indifference curve,
equilibrium in isolation, Gains from Trade with increasing costs, Gains from exchange and
specialization.
The Equilibrium Relative Commodity Prices with – Partial Equilibrium Analysis, Offer
curves, The Equilibrium Relative Commodity Prices with – General Equilibrium Analysis,
Relationship between General and Partial Equilibrium Analyses, Terms of trade.
Reading :
Salvatore-International Economics-8th Edition, Chapter 4, Chapter 3 without Appendix
However, Appendix: A4.1, A4.2, A4.3, A4.4 on Derivation of Trade Indifference Curves can
be treated as Optional reading.
UNIT 2 : FACTOR ENDOWMENT AND HECKSCHER OHLIN THEORY
Assumptions of the theory, Interpretation of Heckscher Ohlin Theorem, General equilibrium
framework of Heckscher- Ohlin Theorem, Diagrammatic presentation of the theory, Factor
price equalization and income distribution, Leontief paradox and Factor Reversal
Reading
Salvatore-International Economics-8th Edition [Chapter 5 and its Appendix other than A5.4]
New Trade Theories , Technology, skill, product differentiation
[Sections 6.1, 6.2, 6.3, 6.4A, 6.4B and 6.5, 6.5A, 6.5B of Chapter 6] Salvatore-International
Economics-8th Edition
UNIT 3 : INTERNATIONAL TRADE POLICY
A: Tariff
Definition, Types, Partial equilibrium analysis of a tariff, Effects of a tariff on consumer and
producer surplus, Cost and benefit analysis of tariff, Rate of effective protection.
Reading
[Sections 8.1, 8.2, and 8.3A of chapter 8]
Salvatore-International Economics-8th Edition
B: Non-Tariff Barriers and the New Protectionism
Import Quotas, comparison with tariff, Voluntary Export Restraints, Technical
Administrative and other regulations, International cartels, Dumping, Export Subsidies
Reading
[Sections 9.1, 9.2, 9.2A, 9.2B, 9.3, 9.3A-9.3E of Chapter 9]
Salvatore-International Economics-8th Edition
UNIT 4. NEW TOPICS IN INTERNATIONAL TRADE
A.International Capital Flows, Capital flows under laissez faire, Welfare analysis
B.Extension of Hecksher - Ohlin Trade theory- Many good and many factors extension
C.Immiserising Growth and Transfer Problem
D. Foreign Investment with special reference to Developing countries
Reading
1.Lectures on International Trade-Jagdish Bhagwati, T.N. Srinivasan: MIT Press
2. W.M.Corden Trade Policy and Welfare, Clarendon Oxford
UNIT 5. WORLD TRADE ORGANIZATION
GATT and Trade Liberalization, GATT to WTO, Objectives, functions, basic principles and
areas of operation of WTO, Structure and working of the WTO, an overview of Ministerial
conferences: issues, decisions and controversies, Doha Development Agenda, WTO and
agriculture, Implications of WTO activities for developing countries, WTO and India.
Reading
1. Contemporary Issues in Globalization-An Introduction to Theory and Policy in
India-(OUP) Soumyen Sikdar , Chapters- 6 and 7
2. www.wto.org
INTERNATIONAL ECONOMICS
UNIT 1 : INTERNATIONAL TRADE THEORY
Basis and the Gains from Trade
Absolute Advantage theory, Law of comparative advantage, Opportunity Cost Theory,
Production Possibility Curve with opportunity costs and relative commodity price, The
basis for and gains from trade under constant costs.
Production Possibility Curve -with increasing costs, Community indifference curve,
equilibrium in isolation, Gains from Trade with increasing costs, Gains from exchange and
specialization.
The Equilibrium Relative Commodity Prices with – Partial Equilibrium Analysis, Offer
curves, The Equilibrium Relative Commodity Prices with – General Equilibrium Analysis,
Relationship between General and Partial Equilibrium Analyses, Terms of trade.
Reading :
Salvatore-International Economics-8th Edition, Chapter 4, Chapter 3 without Appendix
However, Appendix: A4.1, A4.2, A4.3, A4.4 on Derivation of Trade Indifference Curves can
be treated as Optional reading.
UNIT 2 : FACTOR ENDOWMENT AND HECKSCHER OHLIN THEORY
Assumptions of the theory, Interpretation of Heckscher Ohlin Theorem, General equilibrium
framework of Heckscher- Ohlin Theorem, Diagrammatic presentation of the theory, Factor
price equalization and income distribution, Leontief paradox and Factor Reversal
Reading
Salvatore-International Economics-8th Edition [Chapter 5 and its Appendix other than A5.4]
New Trade Theories , Technology, skill, product differentiation
[Sections 6.1, 6.2, 6.3, 6.4A, 6.4B and 6.5, 6.5A, 6.5B of Chapter 6] Salvatore-International
Economics-8th Edition
UNIT 3 : INTERNATIONAL TRADE POLICY
A: Tariff
Definition, Types, Partial equilibrium analysis of a tariff, Effects of a tariff on consumer and
producer surplus, Cost and benefit analysis of tariff, Rate of effective protection.
Reading
[Sections 8.1, 8.2, and 8.3A of chapter 8]
Salvatore-International Economics-8th Edition
B: Non-Tariff Barriers and the New Protectionism
Import Quotas, comparison with tariff, Voluntary Export Restraints, Technical
Administrative and other regulations, International cartels, Dumping, Export Subsidies
Reading
[Sections 9.1, 9.2, 9.2A, 9.2B, 9.3, 9.3A-9.3E of Chapter 9]
Salvatore-International Economics-8th Edition
UNIT 4. NEW TOPICS IN INTERNATIONAL TRADE
A.International Capital Flows, Capital flows under laissez faire, Welfare analysis
B.Extension of Hecksher - Ohlin Trade theory- Many good and many factors extension
C.Immiserising Growth and Transfer Problem
D. Foreign Investment with special reference to Developing countries
Reading
1.Lectures on International Trade-Jagdish Bhagwati, T.N. Srinivasan: MIT Press
2. W.M.Corden Trade Policy and Welfare, Clarendon Oxford
UNIT 5. WORLD TRADE ORGANIZATION
GATT and Trade Liberalization, GATT to WTO, Objectives, functions, basic principles and
areas of operation of WTO, Structure and working of the WTO, an overview of Ministerial
conferences: issues, decisions and controversies, Doha Development Agenda, WTO and
agriculture, Implications of WTO activities for developing countries, WTO and India.
Reading
1. Contemporary Issues in Globalization-An Introduction to Theory and Policy in
India-(OUP) Soumyen Sikdar , Chapters- 6 and 7
2. www.wto.org
1 comment:
However, some of these dreams get modified as time goes by. New ideas crop up and get integrated into the dreams. Those who started with the Toklaapp.com purpose of sharing their thoughts, updating their albums, providing tutorials or solving problems begin to see why they should add a little way of making money so as to keep Isshtech.com maintaining their blogs or take care of other personal needs.
Blogging is a business and needs to be treated as such. Climge.com Stop treating it with levity because your future could largely depend on it. If you want your blogging business to prosper, you must be willing to invest money, time and intellectuality into it. Freebies alone can never give you the best in your business. Remember that you don't pay the bills, the customers do. So never treat your customers Isshpath.com shabbily because they are the reason you are still in business.
You have shared very good article so Bookmarked this website . keep it up and again thanks.
Thetodaytalk.com .
Post a Comment