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10625-01 - Vorlesung: Advanced International Trade 6 KP

Semester Frühjahrsemester 2012
Angebotsmuster Jedes Frühjahrsem.
Dozierende Ronald W. Jones (ronald.jones@unibas.ch)
Rolf Weder (rolf.weder@unibas.ch, BeurteilerIn)
Inhalt Content: This course deals with the effects that arise from the globalization of markets. We derive challenges for economic policy and strategic management of international firms. International trade theory offers an excellent framework in this respect. We deal with questions such as: "Who gains and who loses from selective integration of markets?","“Which impacts arise from technological changes abroad and at home?", "Why do multinational firms exist and what strategies should they follow in different circumstances?", "How can we explain outsourcing and offshoring, what are the effects, how can international firms react?".
The course not only provides answers to these questions, but also introduces the concepts which current research in international trade is based on and constantly is using. We present and discuss the fundamental contributions of the traditional and new trade theory, also referring to current research in the field; research has always been very dynamic in this field—theoretically and empirically. This requires that textbooks, papers in scientific journals as well as working papers on the graduate level are used in the course. One of the challenges of this course and of economics in general is to constantly ask the question in which way the insight can be useful for policy making and strategic management in companies.
Prof. Ronald W. Jones (University of Rochester) will present some of his work. His stay is part of the "Guestprofessorships in Globalization - Internationalization of the Economy", made possible by a number of institutions of the region of Basel. His professorship in FS 12 is sponsored by Endress+Hauser Consulting AG, Reinach.
Well-experienced entrepreneur will be invited to discuss with us the challenges that arise for international firms from the increasing globalization of markets and how they react.
Lernziele Learning objectives:
1. to know the scientific discussion in international trade and international business regarding "Globalization" and "Outsourcing",
2. to understand the major contributions of the classical, neoclassical and new trade theories, and how these insights are used in the current literature,
3. to get a flavour, how trade economists simplify international relationships in order to analyze and answer the questions posed above,
4. to gain insight into the current research in international trade and business,
5. to get to know and be able to apply concepts which allow international companies and international organizations to solve problems which are important in practice.
Literatur Reading List: The so-called Ohlin-Lectures by Ronald W. Jones (2000), Globalization and the Theory of Input Trade, MIT Press [RH 215.66] form the backbone of part of the lecture. The main contents of this book will be discussed in the course. Karger Libri holds a small stock of this book. In addition to several papers published in scientific journals, we also cover a few chapters from the graduate textbook in trade by Robert C. Feenstra (2004), Advanced International Trade, Princeton University Press [RH 215.67]. Both books are also available in the WWZ-Library (not lendable at the counter). The papers from the scientific journals mentioned in the outline can easily be downloaded from the virtual library (via EconLit). We will also put them on the internet (on the EVA server) which registered students in the course have access to. The password will be given in class.
Bemerkungen Notes:
The lecture takes place on thursdays from 8.15 - 10.00 am and on fridays from 10.15-12.00 am in the Auditorium in the Economics Department. There are two additional lectures on tuesdays (8th and 15th of May 2012, 12-14 in the Auditorium).
On 29 march the lecture takes place in the Pro Jure Auditorium, Faculty of Law.
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Teilnahmebedingungen Prerequisites:
We expect that students have accomplished a BA degree focusing on business and economics and that they have been confronted with a course in International Economics on the BA level. If this is not the case, students will have to devote supplementary time to go through some chapters of an undergraduate level textbook, in addition to the material covered in this course. We are happy to give some advice. The most important ingredient to the course is, however, the interest of students in topics of globalization and internationalization of firms.
Anmeldung zur Lehrveranstaltung Registration: Please enrol in MOnA. EUCOR-Students and Exchange-Students have to enrol at the students administration office (studsek@unibas.ch) within the official enrolment period. Enrolment = Registration for the exam!
Unterrichtssprache Englisch
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Intervall Wochentag Zeit Raum

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Module Modul Internationales Zusatzwissen (Master European Studies)
Modul Umweltproblematik in einer globalisierten Welt (Master Sustainable Development (Studienbeginn vor 01.08.2010))
Spezialisierungsmodul: Areas of Specialization in International and/or Monetary Economics (Master International and Monetary Economics)
Vertiefungsmodul International Trade, Growth and the Environment (Master Wirtschaftswissenschaften)
Leistungsüberprüfung Semesterendprüfung
Hinweise zur Leistungsüberprüfung How to attain the learning objectives:
Students should read the required reading in advance of each session. Some of this reading is very short. We have reduced this reading to the minimum. However, we will sometimes go beyond this material and integrate further aspects into the lecture from the additional reading or the list of bibliography found at the end of this outline. We mention this list also as an aid for further reading and for writing a term paper for the Seminar in International Economics or the Master's thesis.
Written exam: 01.06.2012, 10:15-11:45. WWZ Audi: A-P; WWZ S14: R-Z. rooms: http://wwz.unibas.ch/studium/pruefungen/raeume/.
An-/Abmeldung zur Leistungsüberprüfung Anmeldung: Belegen
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Wiederholtes Belegen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Abteilung Aussenwirtschaft und Europäische Integration

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