Trade and tariffs have become central to American politics, making this a good time to review or extend our understanding of the facts and principles surrounding trade and its governance. The Institution for Social and Policy Studies (ISPS) is sponsoring a short course led by Yale faculty (Amit Khandelwal, Giovanni Maggi, Sam Kortum, and Lorenzo Caliendo) for faculty members who are interested in learning about trade and trade policy. The course will meet for five consecutive weeks on Thursday mornings from 8:30 AM to 9:30 AM at ISPS, 77 Prospect, Room A001. The course schedule is available at this link. A light breakfast will be provided.
All interested faculty across the university are welcome. The course will cover basic theoretical models and empirical results in international trade. The goal is to provide faculty interested in understanding trade policy with a good foundation in the intuitions and basic findings in the academic literature on trade, including the range of policy options considered and a background for interpreting claims about alternative trade policies. The presentations will include development and analysis of mathematical models, and so a background in microeconomics and calculus will be helpful.