Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The International Trade - Theory and Empirics certification course provide a theoretical and analytical framework to understand recent policy changes and trade strategies. The programme goes over a lot of empirical evidence, along with topics like the pure theory of trade, gains from trade, and the basis of trade. Various advanced-level ideas on trade barriers and strategies are also incorporated.
Moreover, the International Trade - Theory and Empirics programme syllabus discusses various aspects of trade protectionism in the context of the tariff, quota, and subsidies. The latest non-tariff measures such as SPSs and TBTs are also glossed over. AICTE has approved this programme as an FDP (Faculty Development Programme) course.
The International Trade - Theory and Empirics online training are instructed by Prof. Pratap C. Mohanty, who hails from the esteemed IIT Roorkee. He curates and teaches all the video lectures provided. Lastly, upon completion, you can earn an e-certificate from Swayam, provided that you have submitted all the assignments diligently and cleared the final exam.
The Highlights
- Industry support provided
- FDP course approved by AICTE
- Elective program
- An Undergraduate/Postgraduate in Humanities and Social Sciences
- Free registration
- Paid e-certificate available
- In-person, proctored assessment
- Expert faculty from IIT Roorkee
- Delivered by Swayam and IIT Roorkee
Programme Offerings
- Expert faculty from IIT Roorkee
- Industry support provided
- Elective Programme
- Undergraduate/Postgraduate in Humanities and Social Sciences
- Free registration
- Paid e-certificate available
- FDP course approved by AICTE
- In-person
- Proctored assessment
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 1000 | yes | IIT Roorkee |
No fee payment is necessary to enroll in the International Trade - Theory and Empirics program. Payment of Rs. 1,000 is only to be made if you want to appear for the exam and earn the e-certificate.
International Trade – Theory and Empirics fee structure
Course | Fees |
International Trade – Theory and Empirics | FREE |
International Trade – Theory and Empirics Exam + Certificate | Rs. 1,000 |
Eligibility Criteria
To navigate the course better, it would help if you have a robust grasp of fundamental concepts of Microeconomics Theory.
Certificate Qualifying Details
Swayam offers an International Trade - Theory and Empirics course certificate at the end of the course. To avail of this e-certificate, you will have to submit all the weekly online assignments, and clear the final proctored exam held at an offline center.
The minimum passing marks in assignments and final exams are 10/25 and 30/75 respectively. The final score will be the sum of the assignment score and the final exam score. You need to complete the criteria mentioned earlier and a minimum passing final score of 40/100 to get the certificate.
What you will learn
After completion of the International Trade - Theory and Empirics syllabus, you will learn:
- How to use analytical techniques to understand the recent developments in trade issues
- How to explain a country’s policy strategies to explore the latest complexities in trade restrictions
- How to enhance trade
- Classical theories
- Trade protectionism
- New theories in trade
Who it is for
The International Trade – Theory and Empirics program is tailored towards undergraduate or graduate students pursuing Business and Strategies, Economics, or Management studies. Teachers or professionals employed in this field will also benefit significantly by enrolling in this program.
Admission Details
Step 1: https://onlinecourses.nptel.ac.in/noc23_hs149/preview: Here’s the link for the International Trade – Theory and Empirics online course website.
Step 2: After the website has loaded, select the ‘Join Now’ option located on the webpage’s top-right corner.
Step 3: You will be asked to log in using your Swayam credentials. If you don’t have the credentials, create them by registering.
Step 4: Once signed in, fill the online form and pay the exam fee if you want to. Then, you can start learning.
Application Details
To access the application form of the International Trade - Theory and Empirics course, you need to have a Swayam account. If you don’t, you must register to create a new one. For that, you will have to fill a small application form, which has fields like username, email ID, and password. You can also sign in using your Google, Facebook, or Microsoft account.
The Syllabus
- Introduction to Trade protectionism
- Why Protectionism and Strategies
- India’s International Trade: Latest Facts and Figures
- Facts on Trade Facilitation
- Introduction to Trade Theories: what, why and for whom trade?
- Mercantilism
- From Mercantilism to Adam Smith
- Relative cost advantage theory
- static to dynamic comparative advantage theory
- Empirical testing of classical theory
- standard trade theory
- H-O theory
- HOS and income distribution
- Empirical testing of HO theory
- Extension to HO Theory
- Imperfect Competition and Trade
- Monopolistic Competition and Trade
- Intra-industry versus Inter-Industry Trade
- Measuring intra-industry Trade-1
- Measuring intra-industry Trade-2
- Partial equilibrium analysis of Trade
- Offer curve
- Offer curves with cases
- Measurement of terms of trade
- Terms of trade: determinants and impacts
- Trade protectionism
- Types of protections
- Effects of Tariffs Barriers
- Effective Rate of Protection
- Effective protections-latest facts & Figure
- NTM recent facts
- Types of NTBs
- Effects of non-Tariffs Barriers
- TBTs
- SPS
- Trade Blocs
- Theory of customs union
- WTO functions
- India and WTO
- Strategic trade policy-conclusion
- Trade and Balance of Payment
- Trends of India's BoP
- Functions of Foreign Exchange Market
- Types of Foreign Exchange Rates
- Exchange Rate Determination
- Monetary Approach to the Balance of Payments and Exchange Rates
- Exchange Rate Dynamics
- Exchange Rate in the Long run
- Exchange Rate in the Short run
- Capital Mobility and the Trilemma of the Exchange Rate Regime
- Adjustment with Fixed and Flexible Exchange Rates
- Stability of Foreign Exchange Markets
- J-Curve Effect
- Exchange Rate Pass-Through
- International Macroeconomic Policy: IMF, Optimum Currency Area
- Import Substitution versus Export Orientation
- East Asian Miracle-I
- East Asian Economic Miracle-II
- Trade and Development-post Covid-I
- Trade and Development- Post Covid-II
Evaluation process
Appearing for a final exam and submitting all assignments are the prerequisites to earning the International Trade - Theory and Empirics course certificate. To appear for the exam, you will have to register and choose an offline center. Moreover, an examination fee of Rs. 1,000 is also applicable during registration. The final exam will be an in-person, proctored test, which will be held at an offline center.
Instructors
IIT Roorkee Frequently Asked Questions (FAQ's)
No, International Trade – Theory and Empirics is an undergraduate/postgraduate level program.
No, International Trade – Theory and Empirics is an elective course.
The International Trade – Theory and Empirics certification program falls under the Humanities and Social Sciences course.
IIT Roorkee offers the International Trade – Theory and Empirics online program.
A payment of Rs 1,000 must be made to register for the final assessment.