INTERNATIONAL

ECONOMICS
Carlos Fernando Morales Sánchez
cfmorales@unisalle.edu.co
 ASSESSMENT
Activity Percentage
First Term    
  Assignments and class workshops 5%
  Workshop 1 24-28/02 15%
  Exam 1 24-28/02 15%
Second Term    
  Assignments and class workshops 5%
  Workshop 2 30/03– 03/04 15%
  Exam 2 30/03– 03/04 15%
Third Term    
  Oral presentation 15%
  Final Workshop 15%
 Reglas de juego
• Se toma la asistencia y se registran las fallas
• Apuntes son vitales
• Lecturas en inglés
• Actividades entregadas un día después se califican sobre 4,
• Dos días después sobre 3
• No todas las actividades se califican
 Reglas de juego
• Libros de Canon:
• Krugman, P y Obstfeld, M. (2012). Economía Internacional Teoría y Política, 9ª
edición. McGraw-Hill, Madrid.
• Appleyard, Field. (1997) Economía Internacional. McGraw-Hill.
• Friedman, T. (2006). La Tierra es plana: breve historia del mundo globalizado del
siglo xxi Martínez Roca.

• Lecturas selectas:
• Kalmanovitz, S. Nueva historia económica de Colombia (2011). Taurus.
• Zuleta, E. (2004). Elogio de la dificultad. Praxis Pedagógica, 4(5), 87-91.

• Baldwin, R. (2016). The great convergence. Harvard University Press.

 FRAMEWORK
• Understand the free trade vs Protectionism debate
• International trade’s effects
• International trade’s theories
• Trade policy

• Establish a reasoned position

• Propose recommendations
 TOPICS
i. Introduction
ii. Classical theory of
international trade
iii. Neoclassical theory of
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation
 TOPICS
i. Introduction
ii. Classical theory of
international trade
iii. Neoclassical theory of
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation
• Mercantilism
• Classical principles
• Comparative Advantage
• Original version
• Many countries
• Many goods
• Empirical validation
 TEMAS
i. Introduction • Heckscher-Ohlin model
ii. Classical theory of • International factors movement
international trade
iii. Neoclassical theory of
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation
 TEMAS
i. Introduction • Competitive advantage
ii. Classical theory of • Gravity model
international trade • Krugman’s model
iii. Neoclassical theory of • Offshoring model
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation
 TEMAS
i. Introduction • Exchange rates
• Tariffs
ii. Classical theory of
international trade • Non-tariff measures
• Trade integration
iii. Neoclassical theory of
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation
 TEMAS
i. Introduction • ICT and transaction costs
ii. Classical theory of • Global Value Chains
international trade • New business models
iii. Neoclassical theory of • Blockchain and international trade
international trade
iv. New trade theories
v. Trade policy
vi. Current Situation