AEM2300__Lecture1___Spring_2009

AEM2300__Lecture1___Spring_2009 - AEM/ECON 2300...

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AEM/ECON 2300: International Trade and Finance Professor David Lee Dept. of Applied Economics and Managment 441 Warren Hall Prof. David Lee AEM/ECON 2300
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2 of Introductory course in international trade and finance. I. Introduction to Globalization and International Trade and Finance (0.5 week) II. Basic Trade Concepts: Specialization, Comparative Advantage and the Gains from Trade (2.0 weeks) III. Tariffs and Domestic Protection (1.5 weeks) IV. Non-Tariff Trade Barriers (1.5 weeks) V. Global Trading Institutions (WTO) and Regional Trading Arrangements (NAFTA, European Union, etc.) (1.5 weeks) MID-TERM EXAMINATION: Tuesday, March 10, 2009 (in-class exam) Prof. David Lee AEM/ECON 2300
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3 of VI. Trade and Economic Development, Trade and the Environment (1 week) VII. Foreign Direct Investment, Immigration, and Multinational Corporations (1 week) VIII. Balance of Payments and Foreign Exchange Markets (1 week) IX. Exchange Rate Determination and Alternative Exchange Rate Regimes (1 week) X. Exchange Rate Adjustment and Macroeconomic Stability (if time permits) XI. European Monetary Union (0.5 week) XII. International Debt, Debt Risk, and Global Financial Crises (1 week) FINAL EXAMINATION: Wednesday, May 13, 2007 (note this is changed from the original published final exam date ; further details to be announced in class). This year, we will address the current financial and economic crisis throughout the course. Prof. David Lee AEM/ECON 2300
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4 of Readings : Both of the required course texts (*) are available in the campus bookstore: 1. Robert J. Carbaugh, International Economics (12 th ed.), Mason, OH: Thomson South- Western Publishers, 2009 (optional Study Guide can be ordered). 2. Philip King and Sharmila King, eds., International Economics, Globalization and Policy (5th ed.), New York: McGraw-Hill Company, 2009. 3. Required course packet available in the campus bookstore. It is highly recommended that you bring the appropriate (color-coded) pages of notes from the course packet to each lecture. • Other short news articles and handouts will be distributed from time to time in class.
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