Last updated: January 1, 2012

EC 419
international economics

Schedule

Readings

Textbook

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Tran Huu Dung

Office
285 Rike Hall

Office Hours
 TTh
12:15 PM - 2 PM
or by appointment

Phone
(937) 775-2295

Fax
(937) 775-2441

 

 

Welcome to the EC 419 webpage!

This webpage is designed for students who are taking this course from me (Tran Huu Dung) at Wright State University.  If you are not one of my students, this page is not for you.  I do have some stuff that might be of interest to visitors, please click here to go to the main gate to my homepage, and navigate from there.

Information about the course is detailed in the syllabus distributed in class.

If this is the first time you are taking a course with me, please send me an email ASAP to introduce yourself (your name, major, aspiration, and anything you care to tell me).  The more I know about you, the better I can tailor the course to your background and your needs.

Visit this page as often as you can (it's a good idea to bookmark it), I'll update it at least once a week.  Also visit the companion page, News and Reports on International Economics everytime you get on the Web.

See you in class!

THD

◙  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 204 and 205, or equivalent.

◙  Textbooks

Required: Robert J. Carbaugh, International Economics (13th edition), Thomson-Southwestern

Resources: Teaching Resources on the Global Economic Crisis
(http://www.cengage.com/economics/book_content/0324581483_carbaugh/content.html)

◙  Class Rules

Exams

Two midterm exams: each @ 30% of the course grade
Comprehensive final exam 40% of the course grade

Class Participation

Students MUST read the assigned material before coming to class.

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

Retakes are not allowed.

Makeup Policy

Requests for makeups must be made before the scheduled exam times.

◙  Grading Policy

The final grade will be based on the final and the midterm.

A: 90-100

B: 75-89

C: 60-74

D: 50-59

F: < 50

Since class participation is crucial for this course, NO STUDENT will get an A (regardless of exam score) if he/she misses three or more class sessions. There is NO exception to this rule.

◙   Schedule for Winter 2012 (tentative)

WEEK DATE
TOPIC
CHAPTER
 NOTES
1
  T 1/3
Th 1/5		 The international economy
Foundations of modern trade theory		 1
2		 Study Guide Chapter 2
2 T 1/10
Th 1/12		 Foundations of modern trade theory
Sources of comparative advantage		 2
3		 Chapter 3
Chapter 4
Tech theories
3 T 1/17
Th 1/19		 Tariffs
Nontariff trade barriers		 4
5		 Tariffs
NTB
4 T 1/24
Th 1/26		 Trade regulations and industrial policies
FIRST MIDTERM 		6
 		 Arguments
5 T 1/31
Th 2/2		 Trade policies for the developing nations
Regional trading arrangements
International factor movements and multinational enterprises		 7
8
9		 Carbaugh 8
6 T 2/7
Th 2/9		 The balance of payments
Foreign exchange
Exchange-rate determination		 10
11
12		 Exercise
Exercise
7 T 2/14
Th 2/16		 Balance-of-payments adjustments
Exchange-rate adjustments and the balance of payments		 13

14		 Exercise 14
Exercise 15
8 T 2/21
Th 2/23		 Exchange-rate systems and currency crises
SECOND MIDTERM
15		  
9 T 2/28
Th 3/1

Macroeconomic policy in an open economy

Macroeconomic policy in an open economy

16

16

  
10 T 3/6
Th 3/8		 International banking: Reserves, debt, and risk
Review		 17
 		  

FINAL EXAM

THURSDAY MARCH 15, 2012

10:45 AM – 12:45 PM

 

      

If Revived, Doha Talks Face Higher Bar (WSJ 12-12-06)
Bernanke Strikes Diplomatic Tone On Calls for Yuan Flexibility (WSJ 14-12-06)--Read Bernanke's speech
Other articles on US-China talks
Chinese Fruit May Spur EU Battle (WSJ 22-12-06)
 Maybe Developing Nations Are Not Emerging but Have Emerged (NYT 30-12-06)
Southeast Asian Summit Leaders Call for Charter, Free-Trade Zone (WSJ 12-1-07)
How the developing world is striving to free itself of debt (FT Feb 8/07)

WSU Winter 2010 Academic Calendar
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