International Economics for Research Students

This information is for the 2021/22 session.

Teacher responsible

Dr Swati Dhingra 32L.2.31, Dr Dmitry Mukhin, Dr Thomas Sampson 32L.2.34 and Prof Daniel Sturm 32L.2.35


This course is available on the MRes/PhD in Economics. This course is not available as an outside option.

Course content

This course is concerned with the latest developments in international economics. The course builds on techniques introduced in MSc International Economics (EC421) to take students to the research frontier.  One term covers international trade and the other term covers international macroeconomics.

The course is based around research papers. Topics covered vary from year as the research frontier expands. A list of representative topics in international trade includes: micro-econometric studies of international trade, theories of heterogeneous firms and trade, theories of incomplete contracts and trade, and the political economy of trade policy. A list of representative topics in international macroeconomics includes international business cycles, determinants of international capital flows, portfolio choice and risk sharing, monetary and fiscal policy in open economies, theoretical and empirical work on the real exchange rate and international financial crises (e.g., currency attacks and sovereign defaults).


30 hours of lectures in the MT. 30 hours of lectures in the LT.

This course is delivered through a combination of classes and lectures totalling a minimum of 60 hours across Michaelmas Term and Lent Term. This year, some or all of this teaching will be delivered through a combination of virtual classes, live streamed (recorded) lectures, and some flipped content delivered as short online videos.

Indicative reading

Readings will be from journal articles; a list will be supplied at the start of term.


Coursework (50%) in the MT.
Coursework (50%) in the LT.

Two take-home assignments, one in MT and one in LT.  Each assignment will carry equal weight.  Take-home assignments may require students to analyse data, empirically solve a computational exercise, solve theoretical models, or assess recent research.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Economics

Total students 2020/21: 10

Average class size 2020/21: 10

Value: One Unit

Guidelines for interpreting course guide information