Dr Gianluca Benigno 32L.1.12, Dr Swati Dhingra 32L.2.31, Dr Keyu Jin 32L.1.17 and Dr Thomas Sampson 32L.2.34

This course is available on the MRes in Economics (Track 1) and MRes in Economics (Track 2). This course is not available as an outside option.

This course is concerned with the latest developments in international economics. The course builds on techniques introduced in MSc International Economics (EC421) to take students to the research frontier.  One term covers international trade and the other term covers international macroeconomics.

The course is based around research papers. Topics covered vary from year as the research frontier expands. A list of representative topics in international trade includes: micro-econometric studies of international trade, theories of heterogeneous firms and trade, theories of incomplete contracts and trade, and the political economy of trade policy. A list of representative topics in international macroeconomics includes international business cycles, determinants of international capital flows, portfolio choice and risk sharing, monetary and fiscal policy in open economies, theoretical and empirical work on the real exchange rate and international financial crises (e.g., currency attacks and sovereign defaults).

30 hours of lectures in the MT. 30 hours of lectures in the LT.

Readings will be from journal articles; a list will be supplied at the start of term.

Exam (100%, duration: 3 hours) in the main exam period.