Centre for  International Trade and Development
School of International Studies

Recent Developments in Trade Theory
Instructor:      Professor Manoj Pant

 Course Outline:

1. Neoclassical Models of North South Trade. The Dynamic HOS Model.
2. Gains from Trade Under Uncertainty
3. Non-Competitive Models of Trade.
4. Gains from Trade Under Imperfect Competition. Characteristics Approach, Horizontal Product Differentiation. Optimum Product Diversity. Infant industry Arguments revisited.
5. Theory of Tariffs---Strategy trade Policies, Strategic Dumping and Welfare
6. Trade and Geography.

References

1. R. Batra---Oure theory of International Trade, McMillan, 1972.
2. W. Ethier--- Modern International Economics, Norton and Company, NY, London, 1983.
3. A, Dixit and V.Norman—Theory of International Trade, CUP, 1980
4. H. Kierzkowski (ed)—Monopolistic Competition and International Trade, Clarendon Press, Oxford Press, UK, 1984
5. P. Krugman and Helpman—Trade Policy and Market Structure., Cambridge, MIT Press, 1989.

Additional journal references will be given for each topic. Pre-requisite for the course is a basic post graduate course in Trade Theory.