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Economics: Difference between revisions
→Week 37 - Modern trade theories, trade policy: tweaking linking
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* Various instruments of '''[[w:trade policy|trade policy]]''': including '''[[w:tariff|tariff]]s, [[w:quota|quota]]s, [[w:export subsidies|export subsidies]], [[w:voluntary export restraints|voluntary export restraints]] and local content requirements'''. | * Various instruments of '''[[w:trade policy|trade policy]]''': including '''[[w:tariff|tariff]]s, [[w:quota|quota]]s, [[w:export subsidies|export subsidies]], [[w:voluntary export restraints|voluntary export restraints]] and local content requirements'''. | ||
* The effects of these policies on [[w:price|price]]s and [[w:trade|trade]] [[w: | * The effects of these policies on [[w:price|price]]s and [[w:trade|trade]] [[w:Volume (finance)|volume]]s | ||
* [[w:Consumer|Consumer]] and [[w:producer|producer]] [[w:surplus|surplus]]: [[w:welfare|welfare]] effects of various [[w:protectionist|protectionist]] measures | * [[w:Consumer|Consumer]] and [[w:producer|producer]] [[w:surplus|surplus]]: [[w:welfare|welfare]] effects of various [[w:protectionist|protectionist]] measures | ||
* The [[w:political economy|political economy]] of [[w:trade theory|trade theory]]: why certain restrictions exist | * The '''[[w:political economy|political economy]]''' of '''[[w:trade theory|trade theory]]''': why certain restrictions exist | ||
* [[w:Optimum|Optimum]] [[w:tariff|tariff]]: countries can improve their terms of trade and their [[w:national|national]] [[w:welfare|welfare]] | * [[w:Optimum|Optimum]] [[w:tariff|tariff]]: countries can improve their terms of trade and their [[w:national|national]] [[w:welfare|welfare]] | ||
* If [[w:labor market|labor market]] is not functioning properly ([[w:market failure|market failure]]), the theory of [[w:second best|second best]], [[w:marginal benefit|marginal social benefit | * If '''[[w:labor market|labor market]]''' is not functioning properly ([[w:market failure|market failure]]), the theory of [[w:second best|second best]], [[w:marginal benefit|marginal social benefit]] - considerations of [[w:income distribution|income distribution]] | ||
* [[w:GATT|GATT]], [[w:WTO|WTO]], [[w:customs union|customs union]], [[w:free trade area|free trade area]]s | * '''[[w:GATT|GATT]], [[w:WTO|WTO]], [[w:customs union|customs union]], [[w:free trade area|free trade area]]s''' | ||
== Week 38 - No class, work on report == | == Week 38 - No class, work on report == | ||