syllabus-eco101-10-v5 - Economics 101 Fall 2010...

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Economics 101 — Fall 2010 International Trade October 5, 2010 Instructor: Marc-Andreas Muendler Office: Economics 312 Office hours: Wed 9:30a-11:00a Phone: (858) 534-4799 E-mail: [email protected] Classroom: Center Hall room 119 Class Time: TueThu 12:30p-1:50p Class Web Page: Section ID 691018 Teaching Assistants: Albert Yoon Martin Tobal E-mail: [email protected] [email protected] Office: Econ 113 SH 232 Office hours: Monday 9:30a-11:00a Tuesday 9:00a-10:30a Irina Zhecheva E-mail: [email protected] Office: SH 233 Office hours: Thursday 3:30p-5:00p 1 Course Objectives This course examines theories of international trade in goods and services and analyzes the con- sequences of trade policies. The course presents the principle of comparative advantage and its application to classical and modern trade theory. Focusing on the long-term effects of international economic integration, the course discusses the motives for trade policies and presents the economic effects of trade barriers and trading blocs on industrial competitiveness, income distribution and welfare. Compared to other classes on international economic integration, such as International Capital Markets or International Monetary Relations, the International Trade class focuses on the long-term patterns of balanced trade in merchandize and services. Part I of the class is dedicated to classic trade theory in a general equilibrium setting under perfect competition and explains trade among different countries. Part II of the class presents recent advances in trade theory under imperfect competition and with heterogeneous firms; it explains trade among similar countries and within multinational enterprises. Part III applies the insights from both partial and general equilibrium models to policy issues related to international economic integration. 2 Prerequisites Economics 1A-B or 2 or 100B or 170B. 1
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3 Readings Required textbook: Krugman and Obstfeld (2009)/Ch. 1 through 11 Required readings: Krugman and Obstfeld (2003)/Ch. 3; Feenstra (1998); Horlick and Palmer (2001); Stiglitz and Charlton (2005)/Ch. 2; Grossman and Helpman (1995); Rodrik (1992), Freeman (1995); Rodrik (1998), Williamson (1998) Advanced reading (beyond class): Melitz (2003) The textbook is available for purchase from the bookstore. Several library copies are on reserve. The readings (articles) help you review the lecture material beyond the textbook. They are avail-
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This note was uploaded on 10/21/2010 for the course ECON 1530 taught by Professor Ohly during the Spring '10 term at Dartmouth.

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syllabus-eco101-10-v5 - Economics 101 Fall 2010...

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