NS3040 CLASS HOME-PAGE

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Course Outline/Methodology

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Supplemental Texts



Other Resources

ASSIGNMENTS: Fall Term 2017

September 27

Review/Introduction of Microeconomic Principles: Supply and Demand

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Overview of the economic problem

Markets -- Demand and Supply

Applications, and Current Events for Discussion

Optional -- Alternative explanations/illustrations of basic concepts

Other Readings

October 2

Microeconomic Principles: Demand, Competition and Monopoly

MOST IMPORTANT READINGS

Applications, and Current Events for Discussion

Optional -- Alternative explanations/illustrations of basic concepts

October 4

Market Failures/Microeconomic Applications

MOST IMPORTANT READINGS

Current Events for Class Discussion

Papers for Class Discussion

Optional -- Alternative explanations/illustrations of basic concepts

October 11

Trade Theories

Most Important Readings

Current Events for Class Discussion

For the Midterm

October 16

Modern Theories of Trade

Class Discussion

Most Important Readings

Other Readings

October 18

Protectionism -- Tariffs/Non-Tariff Barriers

Class Discussion

Most Important Readings

Current events for class discussion

Other Readings

Political Economy of Protectionism/Subsidies

October 23

Trade Agreements--GATT/WTO

Current Events for Class Discussion

Most Important Readings

Other Readings

October 25

Security, Global Competition and United States Policy

Most Important Readings

Geo-economics Papers for the Midterm

Other Readings

October 30

Economic Integration -- United States/NAFTA

Most Important Readings

MW November 2 -- TuTh Section November 1

Sanctions/Emerging Countries

Most Important -- Sanctions

Trade Issues in Developing and Transforming Countries

Most Important -- Developing and Transforming Countries

November 6

MIDTERM EXAMINATION

TuTh November 8; MW November 9 -- Balance of Payments

Balance of Payments -- Most Important

Determinants of Exchange Rates MW November 14, TuTh November 10

Most Important Readings

Current events for class discussion

National Income Accounting, Macroeconomics/Balance of Payments Adjustment MW November 16/21 TuTh November 17/22

Introduction to Macroeconomics

  • Chapter 9 in Wheelan provides a good introduction to GDP and some of the issues that come up in macroeconomics -- final exam question

  • Chapter 10 in Wheelan -- good overview of the U.S. Federal Reserve and contemporary monetary issues -- final exam question

    If 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

    MW November 28; TuTh November 29 -- International Monetary System/IMF/World Bank

    Most Important Readings

    MW December 5/7; TuTh December 6/8 Ongoing Global Crisis

    MW December 7; TuTh December 8 Future/Global Governance

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