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Course Outline/Methodology
Resources
September 28/30
Review/Introduction of Microeconomic Principles: Supply and Demand
,
Economics for Dummies is a good text, but I think the Eggert chapters below are better
Overview of the economic problem
Basic Tools of Mecroeconomics
Markets -- Demand and Supply
Applications, and Current Events for Discussion
October 5
Microeconomic Principles: Demand, Competition and Monopoly
Current Events for Discussion
MOST IMPORTANT READINGS
Optional -- Alternative explanations/illustrations of basic concepts
October 7
Market Failures/Microeconomic Applications
MOST IMPORTANT READINGS
Current Events for Class Discussion
Papers for Class Discussion
Optional -- Alternative explanations/illustrations of basic concepts
October 14
Trade Theories
For Class Discussion -- Current Events
Most Important Readings
Current Topics of Interest
Other Readings
October 19
Modern Theories of Trade
For Class Discussion
Most Important Readings
Robert Looney, The USA and International Trade (Sakai, Resources, Europa United States, The USA and International Trade 2019, Sections on: Overview and Recent Trends, Major Trading Partners Trends,
What Makes Poor Economies Grow -- Debate in Project Syndicate -- Sakai -- Resources -- Project Syndicate -- just look over Midterm Question
RGE - China's Dual Circulation Growth Strategy, October 13, 2020 -- Sakai -- Resources -- RGE Assessments -- look over
Other Readings
October 21
Protectionism -- Tariffs/Non-Tariff Barriers
For Class Discussion
Most Important Readings
Other Readings
Current events for class discussion
October 26
Trade Agreements--GATT/WTO
For Class Discussion
Most Important Readings
Other Readings
Other Readings
October 28
Security, Global Competition and United States Policy
For Class Discussion
Most Important Readings
Other Readings
November 2
Economic Integration -- United States/NAFTA
Current Events
Most Important Readings
Other Readings
Hina Rabbani Khar, Gated Globalization, in Mark Leonard ed., Connectivity Wars: Why Migration, Finance and Trade are the Geo-Economic Battlegrounds of the Future. Midterm Question
November 4
Sanctions
Current Events for Discussion
Most Important -- Sanctions
Final Exam Question
November 9
MIDTERM EXAMINATION
November 16
Current Events for Class Discussion
Most Important Readings
Other Balance of Payments
November 18
Determinants of Exchange Rates
Current Events for Discussion
Most Important Readings
The index is based on the theory of purchasing-power parity, which says that exchange rates should eventually adjust to make the price of a basket of goods the same in each country.
Burgernomics shows Switzerland has the most overvalued currency
Other Exchange Rate Readings
November 23/25
Macroeconomics/Payments Adjustment
Most Important Readings
If you haven't had economics before, the chapters in Eggert bring you up-to-speed.
Other readings
GDP, National Accounts
Macroeconomic Theory -- Most Important
December 2
International Monetary System/Global Financial Institutions/Factor Movements
Most Important Readings
Other Readings
December 7/9
Global Crisis/Current Developments
Most Important
Current Developments
Other Articles
September 18
FINAL EXAMINATION 1-3Top of the Page