Economics: Advanced Trade Theory

Education facts

Code: NEKN72

<p>International trade has played a central role in the global decline of poverty since the late 1970s. In this course, you explore how and why countries grow richer through trade. </p><p>You start with the notion that international trade has played a central role in the global decline of poverty since the late 1970s. Understanding how trade creates wealth is complex and requires multiple theoretical perspectives. You trace the evolution of trade theory - from comparative advantage to modern models that emphasise product variety and firm competition.</p><p>Starting with classical trade theory, we show how countries benefit from specialising according to their comparative advantage. You then move to modern trade theory, where increased product variety and firm-level competition further improve consumer welfare and economic efficiency. </p><p>The course equips you with practical tools for empirical trade analysis. You learn how to collect, structure and analyse trade data - for example, assessing the impact of a free trade agreement.</p>

Entry requirements

Students admitted to the Master programme in Economics and who have taken an intermediate course in trade theory (e.g. NEKH72 "Trade Theory ") are qualified for this course. For other students at least 90 ECTS-credits in economics at the undergraduate level are needed for admission to all master courses in economics. To be admitted to this particular course these credits must include an intermediate course in trade theory (e.g. NEKH72 "Trade Theory ").

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• Economics: Advanced Trade Theory

  Lund University

  Start date: 19 January 2026

  End date: 22 March 2026

  Pace of study: 50 %