06260171 - International trade relation

Credit hour 3
Total number of hours 21
Number of hours for lectures 21

Directors

Pierre-Yves Nury
Yanis Larbi

Goals

This course provides models on international trade, as well as a practical knowledge on commercial policy. Students analyse various aspects of companies' export and location choices including macroeconomic, monetary, political, social and commercial risks. From lectures to business cases by groups, this course values students' involvement and oral participation.

TARGETED KNOWLEDGE
  • Knowledge of (the most used) models in international trade
  • Knowledge about the different historical periods in international trade
  • Knowledge about macroeconomic, political, social and environmental aspects of trade

TARGETED SKILLS
  • Ability to perform a country risk analysis
  • Ability to adapt trade practices to countries’ characteristics
  • Ability to make export decisions

CSR DIMENSION
  • Environmental, Social and Governance aspects of international trade.

Content

Models of international trade
- Gravity
- Comparative advantages
- Specific factors
- Factor-proportions

Trade perspectives: oral presentations
- Banks and money
- Finance
- Economic heterogeneities
- International institutions
- Political economy
- Trade policies
- Social impacts
- Environmental impacts

Trade decisions
- Country risk analysis
- Location of companies’ activities
- Adaptation of trade practices
- Logistics
- Export choices

Bibliography

BOOKS USED AS REFERENCE:
  • "International Trade, Theory and Policy", by P. Krugman, M. Obstfeld and M. Melitz, Pearson series in economics

ADDITIONAL READINGS:
  • "Advanced International Trade: Theory and Evidence", by R. Feenstra, Princeton Education
  • "International Economics", by S. Husted and M. Melvin, Pearson series in economics

PUBLICATIONS OF THE iaelyon FACULTY REGARDING THE SUBJECT OF THE COURSE
  • Colovic, A., & Mayrhofer, U. (2008). Les stratégies de localisation des firmes multinationales.
  • Revue française de gestion, (4), 151-165.
  • Management: Between Local and Global, Jaussaud, J., & Mayrhofer, U. (2013). Les tensions globallocal: l’organisation et la coordination des activités internationales. Management international, 18(1), 18-25.

Tests

Final Exam
Written, 2 hours
Questions and short essay

Continuing Examination
In class examination
Oral presentations by group

Additional Information

TEACHING METHODS
Lectures, business cases by group

PRE-REQUISITE
Basic knowledge in economics, management and strategy

Last updated: March 28, 2018