NS3040 CLASS HOME-PAGE

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Course Outline/Methodology

Supplemental Texts



Other Resources

ASSIGNMENTS: Summer Term 2018

July 3/5

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

July 12

Microeconomic Principles: Demand, Competition and Monopoly

MOST IMPORTANT READINGS

Applications, and Current Events for Discussion

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 19

Trade Theories

Most Important Readings

Other Readings

For the Midterm

July 24

Modern Theories of Trade

Class Discussion

Most Important Readings

July26

Protectionism -- Tariffs/Non-Tariff Barriers

Class Discussion

Most Important Readings

Other Readings

Current events for class discussion

Other Readings

Political Economy of Protectionism/Subsidies

July 31

Trade Agreements--GATT/WTO

Current Events for Class Discussion

Most Important Readings

Other Readings

August 2

Security, Global Competition and United States Policy

Most Important Readings

Other Readings

August 7

Economic Integration -- United States/NAFTA

Most Important Readings

MIDTERM

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

November 8 Balance of Payments

Balance of Payments

Current Events for Class Discussion

Most Important Readings

Determinants of Exchange Rates November 13

Most Important Readings

Current events for class discussion

National Income Accounting, Macroeconomics/Balance of Payments Adjustment November 20/22

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

    November 27/29 -- International Monetary System/IMF/World Bank

    Most Important Readings

    December 4/6 Ongoing Global Crisis

    December 6

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