| Class
meetings | Topics
to be discussed | Textbook
chapters | Other
readings |
|
Jan 18 | Course
outline.
Trade in the global economy.
|
Ch.1,
pp.1-24 |
Syllabus
Term paper requirements |
| Jan
20 - Jan 25 | The
Ricardian model of trade. |
Ch.2,
pp.27-55 |
Reading packet -
Sweatshops |
| Jan
27 - Jan 30 | Specific-factors
model.
| Ch.3,
pp.59-83 | Reading
packet -
US steel industry |
|
Feb 1 - 6 | Neoclassical
model of trade.
| Ch.4,
pp.87-119 | . |
| Feb
8 - 10 | International
factor mobility and outsourcing.
|
Ch.5 | Reading
packet - Immigration |
| Feb
13 | Trade
and economic growth.
| .
| Class
notes |
| Feb
15-17 | Imperfectly
competitive models of trade. | Ch.6
(lightly) | .Class
notes |
| Feb
20 | No
new readings - review for the test. | , | ., |
| Feb
22 - 24 | Analysis
of import tariffs. | Ch.7,
pp.199-225 | . |
| Feb
27 | Import
quotas. | Ch.7,
pp.225-236
Ch.8,
pp.250-252 |
Articles
on U.S. sugar quotas |
|
Feb 29
- March 2 | Export
subsidies. | Handouts |
Two articles
on agricultural subsidies |
|
March 5
- 7 | Dumping. |
Ch.8, pp.
258-266 | Reading
packet -
US-Canada lumber dispute |
|
March 9
-12 | Politics
of international trade agreements. WTO. |
Ch.8,
pp. 266-281
Ch.9,
pp. 287-305 |
. |
| March
14 | International
economic integration. | . | . |
| March
16 | No
new readings - review for the test. | . | . |
| March
26-28 | Exchange
rates - the basics. | Ch.10,
pp.461-333, 339-346 | |
March
30 | Interest
parity principle. | Ch.10,
pp.347-357 | |
April
2 | Exchange
rates - the asset approach. | Ch.12,
pp.411-418 | . |
| April
4-6 | Money
market and FX market - the connection.
|
Ch.11,
pp.376-379
Ch.12, pp.418-431 | . |
| April
9 | Purchasing
power parity and real exchange rates. | Ch.11,
pp.363-375 | . |
April
11 | Exchange
rate volatility.
| Ch.12,
pp.431-440 | |
| April
13 | Balance
of payments. | Ch.13,
pp.457-492 | . |
| April
16-18 | Exchange
rate regimes.
Fixed exchange rates and the trilemma.
|
Ch.10,
pp.333-338,
Ch.12,
pp.441-448
Ch.15,
pp.549-567, 579-587 | Dealing
with the economic crisis: Russia vs. Iceland |
|
April 20 | International
capital markets and currency crises. | Ch.15,
pp.567-579 | Video:
"Global Contagion" |
