-Acquire skills which can be used to develop new ideas, in a research context. -Students will be able to apply the ideas of the course to understand and interpret both real world situations and more research oriented issues. -Students will be able to acquire a framework to communicate in a formal way their arguments to both a general audience and to a more specialized audience. -Students will learn the basics to be able to continue studying beyond the material of the course in an independent way. -Interpret economic data. -Apply economic analysis. -Explain complex economic arguments both orally and written. -Acquire enough skills to keep on studying in an independent way. -Know basic principles of economic analysis. -Understand both classical and new models of international trade. -Study economic policies and their macroeconomic consequences. -Study international macroeconomics. -Study financial crisis and their consequences. -Understand the origin and effects of bubbles.

- Classical trade models - Study of redistribution effects of trade - Intertemporal trade - Open macroeconomics - Financial crisis - Bubbles - Global imbalalances.

ACTIVITIES Theory lectures Applied lectures Office hours Work in groups Individual work METHODOLOGY -Lectures of the professor with the help of slides in which the main concepts of the course are taught and the reading list is given. -Required readings. -Discussion in class under the moderation of the professor of different topics related with the course. -Assignments.