ECN330 Economic Integration and Trade Liberalization

Course description and lecture plan (autumn 2024):

Notes: Class meets in seminar room T-433!!! 3 Oct 10-12 in T-316 and 12-13 in T-433!

30.09 Updated semester project info

16.09: Fixed link to trade policy reviews (sessions 2 and 3)

16.09: New video for exercise set 1 (session 3)

Course description  [kursbeskrivelse] Lecture plan and schedule [kursplan]

Session / date	Description of Lecture Topic	Lecture Outline	Reading Assignment	Handouts, Slides and Exercises Slides subject to last-minute changes
Module 1. Economic Integration (EU) and Multilateral Trade Liberalization (WTO)
1 06.09	Introduction to course and course objectives Section 1: Integration and convergence criteria; Section 2: Unilateral, bilateral and multilateral arrangements; Section 3; regional economic integrations; Section 4 Creating the EU; Section 4: Creating the EU (economic freedoms)	Outline 1	AF, ch 17 SRP1 RR: Pelkmans, ch 5-6 (for EU-related material)	Slides: Module-1
2 12.09	Section 5: Introduce the WTO		HK, ch 10; 1; 4 SRP1
Module 2. WTO Rules and Commitments on Trade in Goods: Analyzing MA Restrictions
2 12.09	Section 1: MA restrictions and WTO principles; Section 2: Economics of MA restrictions; theoretical consistency of WTO rules; Tariff-quota equivalence; Section 2: Article XX Exceptions; Section 3: MA county-specific commitments	Outline 2	AF, ch. 13-14 SRP2	Slides: Module-2 3-panel-diagram (ES and ED derivation) Trade policy review - imports
3 13.09	Exercise session: Tariff-quota (non)-equivalence, case of heterogeneous goods: Download exercise and work as a group to complete exercise 1; instructor available RR: Vousden, ch 2 (2.2-.6); ch 3 (3.1-.2) New video – exercise set 1: https://nmbu.cloud.panopto.eu/Panopto/Pages/Viewer.aspx?id=fa5d6ba5-27ed-4f2c-918e-b1ed009b3ee8			Exercise 1 Set 1 Set 2 Set 3 Set 4 Tips for exercise 1
	Section 3: Commitments, tariff profiles and TRQs; Section 4: GATT rules on export restrictions	Outline 2	SRP2 AF, ch. 13-14 HK, ch 5-6, 9	Slides: Module-2 Trade policy review -exports
4 19.09	Section 5: Public Procurement; Section 6: Trade-related investment measures Section 7: SPS and TBT; Codex, CITES and SPS-TBT regs		HK, ch 11 (Govt Procurement) SRP2 HK, ch 5 (5.8-5.9)
5 20.09	Section 7: SPS and TBT continued (trade disputes); Section 8: Doha-Bali round negotiations; Section 9: conclusions		HK, ch 5-6, 9 SRP2
Module 3. WTO Rules and Commitments on TIG: Analyzing Subsidies and Support
5	Section 1: Subsidies and domestic support (DS); Section 2: Economics of subsidies, DS and ES	Outline 3	AF, ch. 13-14 HK, ch 5 (5.4) RR: Sykes	Slides: Module 3
6 26.09	Section 3: Ag subsidies and DS, ag policy / programs; commitments; Aggregate Measure of Support (AMS); Section 4: Export subsidy usage and commitments; Section 5: Analyzing income and price supports; Section 6: Incompatibility and incoherence of WTO rules and theory		AF, ch. 13-14 HK, ch 5 (5.4) RR: Sykes RR: Knutson SRP3	Slides: Module 3
7 27.09	Section 3: AMS; Section 7: Doha-Bali round negotiations; Section 8: Multi-functionality, non-trade concerns and ag risk; Section 9: Conclusions		RR: Helmberger SRP3	Geopolitics and subsidies
	Exercise session: Download exercise and work as a group to complete exercise 2; instructor available. https://youtu.be/VKnleUedfCA			Exercise 2
Module 4. Safeguards, Countervailing Measures, Anti-Dumping and Competition Rules
8 03.10	Section 1: Safeguards and Special safeguards; Countervailing measures; dumping/anti-dumping; Section 4: Competition policy under the WTO	Outline 4	HK, ch. 9, 13 SRP4	Slides: Module-4
9 04.10	Exercise session: Effects of a CVM			Exercise 3
	Section 5: Economics of imperfect competition and trade; state-trading enterprises		SRP4
Module 5. Trade Rules on Services: EU and WTO; and WTO Rules on Intellectual Property
9	Section 1: International services economy; Section 2: Economics of services; Section 3: Multilateral rules on services	Outline 5	SRP5	Slides: Module-5
10 10.10	Section 4: WTO TRIPs Agreement; Section 5. Case for IP protection		SRP5
	Deadlines related to paper: 1. 1^st draft submission, 08 Nov, 15.00 Send in draft via e-mail to me 2. Group presentation, 15 Nov, 12.00-15.00 I will submit written comments on the draft Presentation followed by informal defense 3. Submit final draft, 22 Nov, 15.00 Submit electronically to me and on Wiseflow 4. Oral exam, 06 Dec, sign up sheet will come as will details on external evaluator			Semester project requirements
	29 Nov, 12.00-14.00, Final exam review			Exams: Exams-2021-25 Exams-2015-19 Exams-2010-14