ECON 3224 INTERNATIONAL ECONOMICS
(Main course webpage is on Blackboard)
Syllabus (Fall 2012) PDF
Course Description:
The course is intended to familiarize students with
analytical & empirical tools used by economists to understand international
economics – trade and finance.
Textbook:
Robert Feenstra and Alan Taylor, “International
Economics”, First Edition,
Worth Publishers
Topical readings :
Assigned during the semester. Below is the ongoing list for Fall
2012
1. China and Its Trade Practices Are Coming to the
Debates, By SHARON LaFRANIERE, Published: October 15, 2012, New York Times URL: http://www.nytimes.com/2012/10/16/us/politics/china-and-its-trade-tactics-are-coming-to-the-debates.html?ref=global-home
2. In Car Country, Obama Trumpets China Trade
Case, By MARK
LANDLER, NYT, Published: September 18, 2012 .
URL: http://www.nytimes.com/2012/09/18/us/politics/in-car-country-obama-trumpets-china-trade-case.html?pagewanted=all
3. U.S. Panel Cites Risks in Chinese Equipment, By MICHAEL S. SCHMIDT, KEITH
BRADSHER and CHRISTINE HAUSER, NYT, Published: October 8, 2012.URL: http://www.nytimes.com/2012/10/09/us/us-panel-calls-huawei-and-zte-national-security-threat.html?pagewanted=all
4. U.S. Will Place Tariffs on Chinese Solar Panels, by By DIANE CARDWELL and KEITH
BRADSHER, Published: October 10, 2012, New York Times. URL: http://www.nytimes.com/2012/10/11/business/global/us-sets-tariffs-on-chinese-solar-panels.html
5. For Solar Panel Industry, a Volley of Trade Cases,
By KEITH
BRADSHER, Published: October 11, 2012, New York Times.URL: http://www.nytimes.com/2012/10/12/business/global/us-places-tariffs-on-imports-of-chinese-solar-panels.html?_r=1&pagewanted=all
6. “Weighing Tariffs on Chinese Solar Panels” by
Matthew Wald, Green Blog, NYT, Jan 30 2012 . Link: http://green.blogs.nytimes.com/2012/01/30/weighing-tariffs-on-chinese-solar-panels/
7. “On China Currency, Hot Topic in Debate, Truth is
Nuanced” By Keith Bradsher, Published Oct 17 2012,
New York Times. URL:http://www.nytimes.com/2012/10/18/world/asia/chinas-renminbi-has-strengthened-during-obamas-term.html?n=Top%2fReference%2fTimes%20Topics%2fPeople%2fB%2fBradsher%2c%20Keith
Course Requirements: The final grade
will be assigned based on:
·
20% Midterm 1: 27th
September (Thu)
·
20% Midterm 2: 30th
October (Tue)
·
20% Final Exam : 13th
December (set by University)
·
25% Problem sets : 5 in number, Assigned during semester
·
15% Quizzes: 6
in number, In class, dates in the class schedule
Course Information- Schedule for Fall 2012
|
Week |
Day |
Date |
Event |
Topics |
Lecture Notes |
Readings |
|
1 |
TUE |
21 AUG |
|
Intro |
Lecture 1:
Introduction |
Ch. 1 |
|
|
THUR |
23 AUG |
Ric I |
Lecture 2.1: Ricardian Model |
Ch. 2, Omit
Section 4 completely |
|
|
2 |
TUE |
28 AUG |
PS
1 assigned |
Ric I |
Lecture 2.1: Ricardian Model |
Ch. 2, Omit
Section 4 completely |
|
|
THUR |
30 AUG |
Quiz #1 |
Ric II |
Lecture 2.1: Ricardian Model |
Ch. 2, Omit
Section 4 completely |
|
3 |
TUE |
4 SEP |
Ric II |
Lecture 2.2: Ricardian model 2 |
Ch. 2, Omit
Section 4 completely |
|
|
|
THUR |
6 SEP |
PS1 Due |
Ric II |
Lecture 3.2:
Neo-classical model |
Ch. 4, Omit
Section 3 and Appendix completely |
|
4 |
TUE |
11 SEP |
PS 2 Assigned |
HO
Model |
Lecture 3.1: Heckscher Ohlin Model |
Ch. 4, Omit
Section 3 and Appendix completely |
|
|
THUR |
13 SEP |
Quiz #2 |
Neo-classical
Model |
Lecture 3.1: Heckscher Ohlin Model |
Ch. 4, Omit
Section 3 and Appendix completely |
|
5 |
TUE |
18 SEP |
|
HO Model -
Comparative advantage and HO Theorem |
Lecture 3.1: Heckscher Ohlin Model |
Ch. 4, Omit
Section 3 and Appendix completely |
|
|
THUR |
20 SEP |
PS3
assigned; PS 2 Due; |
HO Model -
Factor prices and SS theorem |
Lecture 3.1: Heckscher Ohlin Model |
Ch. 4,
Omit Section 3 and Appendix completely |
|
6 |
TUE |
25 SEP |
|
New Trade 1 -
imperfect competition; New trade Apps |
Lecture 4:
Monopolistic Competition |
Ch. 6 Sec. 3
– all headlines, all applications |
|
|
THUR |
27 SEP |
MIDTERM
1 |
MIDTERM 1 |
MIDTERM 1 |
MIDTERM 1 |
|
7 |
TUE |
2 OCT |
|
New Trade 1 -
imperfect competition; New trade Apps |
Lecture 4:
Monopolistic Competition |
Ch. 6 Sec. 3
– all headlines, all applications |
|
|
THUR |
4 OCT |
PS3 Due |
Intro to
trade policy |
Lecture 6:
Trade Policy |
Ch. 8,
sections 1 – 3 |
|
8 |
TUE |
9 OCT |
PS4
assigned, Quiz #3 |
Intro to
trade policy |
Lecture 6:
Trade Policy |
Ch. 8,
sections 1 – 3 |
|
|
THUR |
11 OCT |
|
Ch. 8,
sections 1 – 3 |
||
|
9 |
TUE |
16 OCT |
|
Intro +
tariffs - small country |
Lecture_7_Tariffs |
Ch. 8,
sections 4 |
|
|
THUR |
18 OCT |
|
Small Country
Tariffs |
Lecture_7_Tariffs |
Ch. 8,
sections 5 |
|
10 |
TUE |
23 OCT |
PS4 Due, Quiz
#4 |
Large country
tariffs & Quotas |
Lecture_8_Large,
Lecture_9_Quotas |
|
|
|
THU |
25 OCT |
Quotas
(contd.) + Trade agreements |
Lecture_9.5_Agreements |
Ch. 11
- Pages 398-406
(all applications and headlines included) |
|
|
11 |
TUE |
30 OCT |
MIDTERM
2 |
MIDTERM 2 |
MIDTERM 2 |
MIDTERM 2 |
|
|
THUR |
1 NOV |
PS 5 ,
part 1Assigned |
Topics in
trade policy |
Lecture_10_Topics |
Chapter 8-sec
1; Chapter 10- sec 1, and lecture notes; Chapter 9, section 4 including
applications ; Chapter 10, sections 1, 2, 3 & 4( all applications and
headlines included) |
|
12 |
TUE |
6 NOV |
Topics in
trade policy |
Lecture_10_Topics |
Chapter 8-sec
1; Chapter 10- sec 1, and lecture notes; Chapter 9, section 4 including
applications ; Chapter 10, sections 1, 2, 3 & 4( all applications and
headlines included) |
|
|
|
THUR |
8 NOV |
|
Intro_Exchange rates 1 |
Lecture_11_Exrates |
Ch. 12
(omit sec. 3), Ch. 13 |
|
13 |
TUE |
13 NOV |
Quiz #
5, PS 5, Part 1 DUE |
Exchange
rates 2 |
Lecture_11_Exrates Lecture_11_Fig1 Lecture_11_Fig2 |
Ch. 12
(omit sec. 3), Ch. 13 |
|
|
THUR |
15 NOV |
PS 5,
Part 2 assigned |
Exrates (contd) |
Lecture11.5_BOP_ExRates |
Ch. 16 |
|
14 |
TUE |
27 NOV |
|
Exrates (contd) |
Lecture11.5_BOP_ExRates |
Ch. 16 |
|
|
THU |
29 NOV |
PS 5.2 Due,
Quiz #6 |
NIA |
Lecture_11.5_NIA |
Ch. 16 |
|
15 |
TUE |
4 DEC |
|
Macro eqbm 1 |
Lecture_12_Eqbm |
Ch 18 EXCEPT sidebar on pages 719-721; Omit section 6
and all appendices!!! |
|
|
THUE |
6 DEC |
LAST CLASS |
Macro eqbm 1 |
Lecture_12_Eqbm |
Ch 18 EXCEPT sidebar on pages 719-721; Omit section 6
and all appendices!!! |
|
|
THU |
13 DEC |
FINAL EXAM |
FINAL EXAM |
FINAL EXAM |
FINAL EXAM |