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International Economics

 

"If an exchange between two parties is voluntary, it will not take place unless both believe

 they will benefit from it. Most economic fallacies derive from the neglect of this simple

 insight, from the tendency to assume that there is a fixed pie, that one

party can gain only at the expense of another."
- Milton Friedman

 

 

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ECON 3171 - International Economics

 

Summer II, 2009

 

Textbook

     Carbaugh, International Economics, 9th edition or later (don't need the newest edition)  BUY A CHEAP BOOK.  We'll discuss this on first day of class.

     http://carbaugh.swcollege.com

You can find good deals online.

 

Course Syllabi

     ECON 3171  (Updated for Summer II, 2009)

 

 

  

   

PowerPoint Slides

 (Ch #'s reflect 8th and 9th ed.  For Ch's 5 up, subtract '1' for 11th edition.  Ex, Ch 12 in 9th ed=Ch 11 in 11th ed.  I'll make sure you are okay as we go along, don't worry.)

 

     Chapters 1 and 2       (The International Economy & Foundations of Modern Trade Theory)

      Chapters 3 and 4      (International Equilibrium & Trade Model Extensions)

      Chapters 5 and 6       (Tariffs & Nontariff Trade Barriers)

          Last part of ch 6

      Chapter 7                    (Trade Regulations/Industrial Policies)

      Chapter 8                    (Trade Policies for Developing Nations)

      Chapter 9                    (Regional Trade Arrangements)

      Chapter 10                  (Intl Factor Movements/Multinational Enterprises)

      Chapter 11 - Part 1   (Balance of Payments)

      Chapter 11 - Part 2

                  Chapter 12                 (Foreign Exchange)

      Chapter 13                 (Exchange rate Determination)

              Some practice problems for foreign exchange

              ANSWERS

      Chapter 16                 (Exchange rate Systems)

      Chapter 17                 (Macro Policy in an Open Economy)

 

 

Articles of Interest (Caution!  Some of these essays are controversial and provocative. But all are interesting.)

  Slate Magazine (see www.slate.com for more articles):

    How to Live on $1.00 a Day

      Is E-Bay Rational?

      The Mystery of the 5-cent Coke

      Mini-Bar Economics

      Explaining the Rise in Teen Oral Sex

      Mystery of the Rude Waiter

      Cheating: The Case of the Unpaid Parking Ticket

      Lemons, or Why You can Never Buy a Decent Used Car

      What Economics Teaches About Penalty Kicks

      The Theory of the Leisure Class

      How the Web Prevents Rape

      The Price of Motherhood

      Hurricane Relief?  Or a $200,000 Check?

      An Economist Considers the Terri Schiavo Case

      The $100 Terrorist Insurance Plan

      Why Are We Getting Fat?

      Should We Stop Paul Morgan From Amputating His Feet on The Internet?

      Why We Walk Up Staircases But Not Escalators

      An Economics Professor's Guide to Winning on E-Bay

      The Economic Case for Promiscuity

     Wealthier Than Thou:  Is it Enough To Be Rich, or Must Others Also Be Poor?

    

 

 

 

 

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This site was last updated 07/29/09

 
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