Please note that the *.pdf and *.ppt files take some time to load, especially from home--be patient.
Course Outline/Methodology
Supplemental Texts
Sources of Data
July 8/10
Review/Introduction of Microeconomic Principles: Supply and Demand
,Overview of the economic problem
Markets -- Demand and Supply
Applications, and Current Events for Discussion
Optional -- Alternative explanations/illustrations of basic concepts
July 15
Microeconomic Principles: Demand, Competition and Monopoly
MOST IMPORTANT READINGS
Optional -- Alternative explanations/illustrations of basic concepts
July 17
Market Failures/Microeconomic Applications
MOST IMPORTANT READINGS
Current Events for Class Discussion
Papers for Class Discussion
Optional -- Alternative explanations/illustrations of basic concepts
July 22, 2019
Trade TheoriesFor Class Discussion
Most Important Readings
Other Readings
July 24
Modern Theories of TradeFor Class Discussion
Most Important Readings
Other Readings
July 29
Protectionism -- Tariffs/Non-Tariff Barriers
For Class Discussion
Most Important Readings
Other Readings
Current events for class discussion
July 31
Trade Agreements--GATT/WTO
For Class Discussion
-->Most Important Readings
Other Readings
August 5
Security, Global Competition and United States Policy
For Class Discussion
Most Important Readings
Other Readings
August 7
Economic Integration -- United States/NAFTA
Most Important Readings
Other Readings
Hina Rabbani Khar, Gated Globalization, in Mark Leonard ed., Connectivity Wars: Why Migration, Finance and Trade are the Geo-Economic Battlegrounds of the Future. Midterm Question
August 12
Current Events for Discussion
Most Important -- Sanctions
Final Exam Question
August 14
MIDTERM EXAMINATIONAugust 19
Balance of PaymentsCurrent Events for Class Discussion
Most Important Readings
Other Balance of Payments
August 22
Determinants of Exchange RatesCurrent Events for Discussion
Most Important Readings
The index is based on the theory of purchasing-power parity, which says that exchange rates should eventually adjust to make the price of a basket of goods the same in each country.
Burgernomics shows Switzerland has the most overvalued currency
Other Exchange Rate Readings
August 26/28
Macroeconomics/Payments AdjustmentIf you haven't had economics before, the chapters in Eggert bring you up-to-speed.
GDP, National Accounts
Macroeconomic Theory -- Most Important
Current Events for Discussion
September 4/9
Intrernational Monetary System/Global Financial InstitutionsMost Important Readings
September 11/16
Global Crisis/Current Developments
Future of the International System
September 19
FINAL EXAMINATION Gl - 133, 8-10