TeachTrade

A fast, beginner-friendly python library for visualizing educational models of international trade

TeachTrade aims to render a number of common macroeconomic models for international trade in a neat, pre-packaged format, helping students and educators alike. Many of these models aim for simplicty, matching their use in an undergraduate classroom setting, rather than aiming for robust, real-world, multi-factor models. The idea is to make both the underlying calculation and the overall visualisation seamless even for novice python users

Features

TeachTrade aims to provide classes and functions for the following common neoclassical and new models:

  • Ricardian Trade

  • Specific Factors Model

  • Hecksher-Ohlin Model

  • New Theory of Trade