Economics · Columbia University
Lots of trade theory, why country trade with each other
Concepts of International Trade (Ricardian Model, Specific Factors, Heckscher-Ohlin, and New Trade Policy)
I learned about different models with which we can study international trade, and how those models impact policy.
Classical, New, and New-New Trade Theory models and accompanying empirics that support, challenge, or extend each model – Ricardian Model, Heckscher-Olin Model, Specific Factors Model, Krugman Model.
Both trade policy and often times lots of micro.
International trading is important but it does not affect different countries in the same way.
In this course we studied different models of trade and the different mechanisms that drive trade between countries.
The Ricardian Model The Gravity Model The specific factor model The Hecksher Ohlin Model The new trade theory
Best Economics class at Columbia that I've had the pleasure of taking. This course covers international trade, various countries and important concepts.
Must take for Economics and Poli-sci students.