International Economics

Universidade Católica Portuguesa

Course Description

  • Course Name

    International Economics

  • Host University

    Universidade Católica Portuguesa

  • Location

    Lisbon, Portugal

  • Area of Study

    Economics, International Economics

  • Language Level

    Taught In English

  • Prerequisites

    Students should have attended an intermediate microeconomics course.

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • ECTS Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    Course overview and objectives:

    This course focuses on international trade theory and its applications. We discuss economic incentives for the existence of international trade and of factors’ movement. We study the pattern of trade and the effects of trade and of trade policy instruments on relative prices, volume of trade, income distribution and economic welfare. Standard models are used to address these issues. Students are supposed to get knowledge on how trade models work and the mechanisms they describe. They should also be able to choose the most suitable model to answer specific questions and to discuss issues related to international trade and factor movements. ____________________________________________________________________________


    Course Content:

    1. Introduction

    2. Labor Productivity and Comparative Advantage

    3. Input Endowments and Comparative Advantage

    4. Basic (classical) Model for International Trade

    5. Economies of Scale; Imperfect Competition and International Trade

    6. International Factor Movements

    7. Trade Policy


Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.


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