PSIA, Master in International Economic Policy
EAST ASIA AND EUROPE : FACING A NEW WORLD TOGETHER - ECONOMIC PERSPECTIVES
Semester : Spring Number of hours : 24 Language of tuition : English
Required reading : Feenstra, Robert and Alan Taylor, 2012, International Economics, Worth, Palmgrave and MacMillan, 2nd international edition ; Krugman, Obstfeld and Melitz, International Economics, Pearson ; Mankiw, Principles of Macroeconomics/Microeconomics, Cengage Learning.
Teachers : Taeho BARK (Professor at the Graduate School of International Studies (GSIS) of Seoul National University), Patrick MESSERLIN (Professeur émérite - Directeur du GEM), Jimmyn PARC (Researcher). Prerequisite : Students should have a basic understanding and knowledge of : Trade policy instruments and theory ; Microeconomics and macroeconomics ; Economic development ; Economic history (19th to 21st century). Pedagogical format : Seminar Course validation : Class participation : 20% ﬁnal grade. Class presentation : 30% ﬁnal grade. Paper (normally based on the PowerPoint presentation) : 50% ﬁnal grade. Workload : The class participation will require active participation in the discussion of the power-points presented by the other members of the class. The class presentation will consist in a presentation based on a PowerPoint (15 minutes) followed by a discussion with the other members of the class (15 minutes). The ﬁnal paper (10-12 pages) should be based on the presentation. Pedagogical method : A course focusing on policy-making, but requiring a good understanding of the relevant economic analysis. Course Description : Four lectures by Prof. Bark will cover : Korea's economic development for the last 50 years : An overview ; The rise of China and East Asian economies ; Korea's external trade relations and trade policies ; Trade integrations in East Asia and Asia Paciﬁc. The rest of the course by Prof. Messerlin will be devoted to the long road of the EU relations with Asia, ﬁrst through the GATT-WTO, then through loose plurilateral fora (such as ASEM) and today through bilateral trade agreements (EU-Korea, EU-Japan, etc.) under the pressure of the TransPaciﬁc Partnership (TPP) Agreement.
Semester : Autumn Number of hours : 24 Language of tuition : English
Teachers : Clémence BERSON (Economiste), Clément MALGOUYRES (Economiste). Prerequisite : An introductory undergraduate module in calculus and in probability and statistics. Pedagogical format : Lecture alone Course validation : One mid-term exam and one ﬁnal exam (combined for the lectures and Stata classes). Course Description : The course covers the basics aspects of econometric analysis of real data with a focus on policy implications. There are two modules available : a beginners module for students new to econometrics and an advanced module for students with a more quantitative. The topics covered are mainly the same in each module but covered with a different level of complexity. Throughout the course some real data examples are studied and a comparison of the different econometric techniques presented is made. These are examples relevant for education and health public sectors, for social policies, and for monetary policies. As potential consequences of these analysis there are effects on ﬁscal policies, on citizens security and welfare, and on consumers', investors' and government's behavior. We consider different type of data that an econometrician has to be able to handle : cross-sectional, longitudinal and, only for the advanced course, time series. For each type the appropriate models are presented and discussed with a focus on interpretation of results and on estimation. For the advanced module derivation of some asymptotic results is also covered. The regression models considered are : linear, non-linear, panel data, 1281