This course introduces the fundamentals of world trade and emerging technological disruptions, exploring practical interrelationships between these two apparently different subjects. Recent tensions in international trade are happening after several decades of movement towards freer trade. During the first part of this course, students will learn about the global trading system, including basic theories, trends, and policies affecting trade dynamics. Building upon this foundation, students will then focus on a high-level understanding of disruptive technologies with special emphasis on how they would be gamechangers in trade; for example, 3D printing may render the labor cost advantage of poorer countries meaningless, because richer countries can more affordably produce labor-intensive goods, thereby reducing demand for exports from poorer to richer countries. Students will examine case studies focusing on the ways in which technologies interact with trade. To understand the role of trade in different contexts, they will also solve numerical problems related to tenets of international trade.
- Teacher: Sreenath Namboodiri
- Teacher: Prof. Dr. Badri Narayanan
- Teacher: Nithin Ramakrishnan
- Teacher: Nithin V Kumar