This course offers an introduction to contemporary work in the field of international trade theory and related economic policy issues.
We introduce the main concepts and theories, from comparative advantage to approaches with heterogeneous firms. We are also interested in issues of trade policy and factor mobility.
Among the questions to be answered by this course are:
• Why do countries trade among themselves?
• Why only a fraction of companies export?
• What are the determinants of the nature of trade?
• What are the consequences of the international exchange for the economy taken as a whole?
• How does international trade affect the distribution of income?
• What are the consequences of international competition for businesses?
• What are the consequences of setting up customs duties and quotas?
The basis of exchange, Exchange Triangle, reciprocal demand curves, Exchange Gain
International economic models (Ricardian, HOS)
International trade between multinational firms
Trade policies, exchange rates and the open economic policy
Florent Pratlong is a Lecturer at University of Paris 1 Panthéon-Sorbonne and Director of the Master in Innovation Management. He is also a researcher at the PRISM-Sorbonne laboratory. His work focuses on economic dynamics, innovation policies, entrepreneurial creativity, environmental economics and sustainable development. Florent Pratlong has participated in the construction of scenarios of economic prospectives with the SEURE-CO-ERASME team, for the European Commission and the Conseil d'Analyse Stratégique. He is currently Secretary to the EFET Commission "Education Formation Emploi Territoire" at the Académie des Technologies.