SUMMER (B) 2009


INTERNATIONAL ECONOMICS 


EC 719

 

                                                                

                                                               Syllabus

 

  Basic Information

 

# Course:

EC 719 International Economics

                        TTh 6:05  - 9:25 PM

                        Room 058 Rike Hall

 

# Instructor:

Dr. Tran H. Dung

Office: 254H Rike Hall

Office Hours: Monday-Thursdays from 2:15 - 3:00 PM, or by appointment

Phone 775-2295 or 775-3070

FAX: (937) 775-2441

E-mail: tran.dung@wright.edu

The professor=s home page: http://www.wright.edu/~tdung

Course webpage: http://www.wright.edu/~tdung/719.htm

 

# Required Textbook:

Thomas Pugel, International Economics (14th edition), NY: Irwin-McGrawHill

Website: International Economics, 14/e

 

 

 

 

  Objectives of the Course

 

This course covers basic trade theories, commercial policy, and theories of international investment and migration, exchange rate determination and open macroeconomics.  Special attention is paid to international economic institutions and current financial crises

 

 

  Prerequisites

 

EC 715 and 717, or permission of instructor

 


 

  Mode of Instruction

 

Multimedia lectures, readings from the internet, electronic mail, and in-class discussion.

 

 

  Class Rules

 

Exams:

 

Three weekly exams:               each @ 20% of the course grade

Comprehensive final exam      40% of the course grade

 

Type of Exam:

 

Mixture of multiple choice and short questions

 

Quiz and Paper

 

No quizzes

No paper

                                               

Class Participation:

 

Students are expected to read the assigned chapters (and any extra readings) on time and come to class prepared to discuss the material.

 

Attendance Policy:

 

Regular class attendance is indispensable. A huge amount of interesting (and sometimes difficult) material will be covered in class. Missing class is missing a lot. Indeed, if you expect to be absent in more than one session, you might consider taking this course some other time. Remember: The class needs you as much as you need the class.

 

Retake Policy

 

No retake is allowed.

 

Makeup Policy

 

Request for a make-up MUST BE MADE BEFORE THE EXAM IS GIVEN IN CLASS.  Approval is at the instructor's discretion.

 

No make-up, once allowed and scheduled, may be re-scheduled.

 

 

  Grading Policy

 

Grades will be curved  


 

  Assignments (tentative)

 

Students must read the assigned chapter before coming to class.  Special readings will be posted weekly on the course website:

 

http://www.wright.edu/~tdung/719.htm

 

 

 

 

Week

 

Date

 

Topic

 

Chapter

1

 

 T 7/21

Basic theory using demand and supply
Why Everybody Trades: Comparative Advantage
2
3

Th 7/23

Factor Availability and Factor Proportions Are Key
Who Gains and Who Loses from Trade?
Scale economies, imperfect competition, and trade
Product cycle theory
4
5
6

 

2

 

T 7/28

Weekly exam #1
Analysis of a tariff

8

 

Th 7/30

Nontariff barriers to import
Arguments for and against protection
Pushing exports
9
10
11

 

3

 

T 8/4

 

Weekly exam #2
Trade blocs and trade blocks
Trade policies for developing and transition countries
Multinationals and Migration: International Factor Movements
12
14
15

Th 8/6

Payments among nations
The foreign exchange market
Forward exchange and international financial investment
16
17
18

 

4

 

T 8/11

Weekly exam #3
What determines exchange rates

19

 

Th 8/13

Government policies toward the foreign exchange market
How does the open macroeconomy work?
Internal and external balance with fixed exchange rate
20

22
23

5

 

T 8/18

Floating exchange rates and internal balance
National and global choices: floating rates and the alternatives
24
25
 

 

Th 8/20

FINAL EXAM  

 

 

 


 

 

7-8-09