We may earn an affiliate commission when you visit our partners.
Course image
Peter A.G. van Bergeijk, Ksenia Anisimova, and Binyam Afewerk Demena

This MOOC prepares students that want to analyse trade and investment policies of developing countries and emerging markets. We couch you for the task of giving evidence-based policy. For students interested in policy advise the course brings a sound understanding of what can and what cannot be done with well-established theories and state-of-the-art research. For students interested in research the asset of this course is to learn how to effectively communicate research findings in a policy setting.

Read more

This MOOC prepares students that want to analyse trade and investment policies of developing countries and emerging markets. We couch you for the task of giving evidence-based policy. For students interested in policy advise the course brings a sound understanding of what can and what cannot be done with well-established theories and state-of-the-art research. For students interested in research the asset of this course is to learn how to effectively communicate research findings in a policy setting.

Upon completion, you will have a good understanding of international trade and investment theories and recent developments in the world economy and their consequence on issues related to developing countries and emerging markets. You will be able to analyse the determinants of trade and investment, to measure the impact of trade and investment and to provide evidence-based policy advice that fits development strategies in emerging markets and developing economies.

Enroll now

What's inside

Syllabus

Theories of globalization, trade and investment
After the first week (5 video lectures), you will understand key concepts and theories of international trade and foreign direct investment (FDI) and describe recent trends in the world economy. With the debate over (de)globalization and development as our starting point, we analyze how (changes in) the economic context drive the formulation of new trade theories. We will discuss both mainstream and a selection of heterodox approaches. We explore concepts and theories related to FDI, provide an overview of FDI effects for host countries and discuss theories explaining investment activities across national boundaries.
Read more

Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Taught by global economics and finance experts from the World Bank and Harvard University
Covers a wide range of topics, from globalization theories to investment analysis
Provides real-world case studies and examples
Emphasis on evidence-based policy advice
Includes interactive exercises and assignments
Prerequisites: Basic knowledge of economics and econometrics

Save this course

Create your own learning path. Save this course to your list so you can find it easily later.
Save

Reviews summary

Trade & investment: policy & development

According to learners, this course offers a robust theoretical foundation in international trade and investment, with a particular strength in its focus on developing countries and emerging markets. Many students found the lectures well-structured and clear, appreciating the seamless transition from theory to the practical application of analytical tools like gravity modeling. The final module on evidence-based policy advice is highly valued for its real-world relevance. While praised for its depth, some learners noted the pace can be quite fast, especially in quantitative sections, potentially requiring a solid prior economics background. A few reviews also suggested that some readings and examples could benefit from updates.
Division on depth of practical application and exercises.
"I was looking for something more hands-on...felt there was a lack of real-world application or practical exercises."
"The focus on theory is robust, but perhaps more practical examples or exercises would make it more digestible for some."
"I particularly appreciated the practical application of analytical tools like the gravity model."
Specific relevance to emerging markets and development.
"The focus on developing countries and emerging markets is a key differentiator."
"I found the comprehensive overview of trade and investment especially relevant for developing economies."
"The focus on developing countries is unique and very relevant to current global issues."
Provides deep understanding of trade and investment theories.
"The lectures were incredibly well-structured, diving deep into both traditional and modern theories of trade and FDI."
"Overall, a very solid course. The theoretical foundations were strong, and I learned a lot about international trade and investment."
"The course offers a robust theoretical framework and provides useful analytical tools."
Teaches practical skills for policy formulation.
"The final week on evidence-based policy advice was invaluable for my work in development economics."
"Fantastic course for policy professionals! The way it links theory to practical policy advice is brilliant."
"This course delivers precisely what it promises: evidence-based policy advice rooted in strong economic theory."
Some readings or examples are perceived as outdated.
"My only minor critique is that some of the readings felt a bit dated, and I would have loved more contemporary case studies."
"Some areas could benefit from updated examples or data sets, but overall I had a worthwhile experience."
Course pace can be fast, requiring prior economic knowledge.
"I found the pace quite fast, especially in the macro modeling section. As someone with an intermediate background, I sometimes struggled to keep up."
"The macro-economic modeling part felt rushed and complex. I had to do significant external reading to fully grasp it."
"While the pace can be challenging for those without a solid economics background, the depth of coverage is commendable."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Trade & investment: evidence-based policies for development with these activities:
Form a Study Group with Classmates
Participating in a study group can foster collaboration, improve understanding, and provide a supportive learning environment.
Show steps
  • Reach out to classmates and form a study group of 3-5 individuals.
  • Establish regular meeting times and set clear goals for each session.
  • Review course materials together, discuss concepts, and solve problems collaboratively.
  • Provide feedback and support to one another.
Review Concepts of International Finance
Brushing up on international finance principles will provide a solid foundation for understanding the financial aspects of trade and investment.
Browse courses on International Finance
Show steps
  • Review textbooks or online resources on international finance.
  • Focus on topics such as exchange rates, balance of payments, and international monetary systems.
Practice Gravity Model Calculations using the World Bank's DataBank
Engaging with guided tutorials on gravity modeling and applying them to real-world data will provide practical experience and reinforce your understanding of how to analyze trade and investment flows.
Browse courses on Analytical Tools
Show steps
  • Access the World Bank's DataBank and identify relevant datasets.
  • Follow step-by-step tutorials to calculate gravity model variables and estimate the model.
  • Interpret the results and evaluate the model's fit.
Two other activities
Expand to see all activities and additional details
Show all five activities
Attend a Trade and Development Conference
Attending a conference will provide opportunities to engage with professionals, gain insights into cutting-edge research, and broaden your network in the field of trade and development.
Show steps
  • Research and identify relevant conferences focused on trade and development.
  • Attend sessions and presentations on topics of interest.
  • Network with speakers, attendees, and potential collaborators.
  • Follow up with individuals you met and explore opportunities for collaboration.
Develop a Microeconomic Model of a Developing Economy
Creating a microeconomic model will allow you to apply the concepts and theories learned in the course to a practical scenario, deepening your understanding of firm-level dynamics in developing economies.
Browse courses on Microeconomics
Show steps
  • Define the scope and purpose of your model, considering the specific characteristics of a developing economy.
  • Identify the key variables, assumptions, and relationships to be included in the model.
  • Develop equations and algorithms to represent the model's behavior.
  • Test and refine the model using real-world data or hypothetical scenarios.
  • Write a report or presentation summarizing your model's findings and implications.

Career center

Learners who complete Trade & investment: evidence-based policies for development will develop knowledge and skills that may be useful to these careers:
Trade Policy Analyst
Trade Policy Analysts work in government and private firms to advise on trade policy. This course may be useful to you because it will help you build a foundation in analyzing the impact of trade policies on developing countries and emerging markets.
International Development Specialist
International Development Specialists work with governments and non-profits to improve the lives of people in developing countries. This course may be helpful to you because it helps you understand international trade and investment policies on development strategies in emerging markets and developing economies.
Policy Analyst
Policy Analysts conduct research to advise on public policy. This course may be useful to you because it prepares you to give evidence-based policy advice on trade and investment policies. This course will also help you understand how to analyze the impact of trade and investment policies on development strategies in emerging markets and developing economies.
Investment Banker
Investment Bankers help companies raise capital and advise on mergers and acquisitions. This course may be useful to you because it will provide you with knowledge of foreign direct investment and its impact on developing countries and emerging markets.
International Relations Specialist
International Relations Specialists work with governments and non-profits to promote international cooperation. This course may be useful to you because it provides you with the understanding of trade and investment policies and their impact on developing countries and emerging markets.
Government Relations Specialist
Government Relations Specialists are employed by corporations and non-profits to advocate for their interests in government. This course may be helpful to you because it provides you with knowledge of trade and investment policies and their impact on developing countries and emerging markets.
Trade and Customs Officer
Trade and Customs Officers ensure that goods comply with regulations and tariffs. Thsi course may be useful to you because it can prepare you for challenges in working with economic diplomacy and bilateral agreements.
Economic Consultant
Economic Consultants provide expert advice to businesses and governments on economic issues. This course may be useful to you because it can help you build a foundation in international trade and investment policies and their impact on developing countries and emerging markets.
Economist
Economists study the production, distribution, and consumption of goods and services. This course may be useful to you because it helps build a foundation in international trade and investment theories and their impact on the world economy.
Sustainability Analyst
Sustainability Analysts work with companies and governments to develop and implement sustainability strategies. This course may be useful to you because it helps build a foundation in understanding international trade and investment policies, giving you the insight into the impact of trade and investment on environmental, social, and economic sustainability.
Business Development Manager
Business Development Managers work with companies to develop and implement growth strategies. This course may be useful to you because it can help you build a foundation in understanding international trade and investment policies, which will give you insight into global business opportunities.
Sales Representative
Sales Representatives sell products and services to businesses and consumers. This course may be useful to you because it will help you understand international trade and investment policies, giving you the ability to evaluate overseas sales opportunities.
Financial Analyst
Financial Analysts evaluate the financial health of companies and make investment recommendations. This course may be useful to you because it helps build a foundation in analyzing trade, investment policies, and their impact on global markets.
Market Research Analyst
Market Research Analysts provide insightful data to companies to inform business decisions. This course may be helpful to you because it helps build a foundation in analyzing trade and investment policies and their impact on global markets.
International Economist
International Economists work with government agencies, research and development companies, and global organizations to analyze global economic trends. This course may be useful to you because it prepares you to analyze trade and investment policies in developing countries and emerging markets. This can be important for an International Economist who will be examining the global marketplace.

Reading list

We've selected ten books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Trade & investment: evidence-based policies for development.
Provides a comprehensive overview of the field of development economics. It valuable reference for students, researchers, and policymakers interested in this topic.
Provides a comprehensive and up-to-date analysis of the major issues in international economics. It valuable reference for economists, policymakers, and students of international economics.
Provides a comprehensive collection of data on the economies of the world. It valuable reference for students, researchers, and policymakers interested in this topic.
Provides a comprehensive overview of the theory and practice of foreign direct investment. It would be a valuable resource for students who want to learn more about the role of FDI in economic development.
Provides a comprehensive and up-to-date analysis of the major issues in international trade theory and policy. It valuable reference for economists, policymakers, and students of international trade.
Provides a rigorous analysis of the political economy of trade policy. It valuable reference for economists, policymakers, and students of international trade.
Provides a rigorous analysis of the relationship between trade, growth, and development. It valuable reference for economists, policymakers, and students of international trade and development.
Provides a comprehensive overview of the economics of development. It valuable reference for students, researchers, and policymakers interested in this topic.
Challenges the conventional wisdom on globalization and argues that it is not inevitable or desirable. It thought-provoking read for anyone interested in the future of the global economy.
This handbook provides a comprehensive overview of the latest research on international trade and development. It would be a valuable resource for students who want to learn more about this topic.

Share

Help others find this course page by sharing it with your friends and followers:

Similar courses

Similar courses are unavailable at this time. Please try again later.
Our mission

OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.

Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.

Find this site helpful? Tell a friend about us.

Affiliate disclosure

We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.

Your purchases help us maintain our catalog and keep our servers humming without ads.

Thank you for supporting OpenCourser.

© 2016 - 2025 OpenCourser