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California Economics 330: International Trade, Winter 2009 |
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Professor Eric Fisher |
Office: 03-444 |
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Phone: 805-756-2964 Email: efisher@calpoly.edu |
Office Hours: Wednesday 08:00 to 12:00 |
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Textbook: The textbook is Feenstra and Taylor’s International Economics, Worth Publishers, 2008. You must subscribe to Aplia. This online tool will keep track of your scores on homework assignments. |
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Objective: This course will provide you with an overview of the world economy. It will focus on both the microeconomic and macroeconomic aspects of international economics. |
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Examinations: There a midterm and a final. The final is scheduled by the University for Tuesday 17 March from 10:10 to 13:00. |
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Grading: There will be weekly problem sets. Some problem sets are long, and others are easy. The problem sets in total are worth 30 points. The midterm will be worth 27 points. The final exam will be worth 37 points. There will be two surprise quizzes given in class during the first ten minutes of lecture. These quizzes are designed to see if you show up on time and do the assigned reading; each is worth 3 points. Here is a summary of the grading scheme: problem sets (30 points); midterm (27 points); final exam (37 points); and surprise quizzes (6 points). The scores of all the students are available here. |
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Administrative Issues: The University Senate passed a resolution in 2008 that was designed to deal with the abuse of late course withdrawals at Cal Poly. The Student Advising Center of the OCB now enforces this policy strictly. I will not sign any drop forms for this course. Here is my reasoning. This course always has a long waitlist, and I often must deny students the chance to enroll. It is not fair when others decide to drop halfway through the term. There will be no makeup exams. If I catch you cheating, I will
fail you for the course and then pursue the fullest sanctions that the
University allows. I am much more
concerned with your integrity than I am with your mastery of international
economics. The most important thing
that we professors can teach you is to live honestly, work hard, and treat
others with respect and dignity. |
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Date |
Lecture Topic |
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You must purchase Aplia as soon as
possible. Click here
to learn how to buy this service. |
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6 January |
World Trade: An Overview |
Chapter 1 |
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8 January |
The Difference Between Absolute Advantage and Comparative Advantage |
Chapter 2.1 |
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13 January |
Indifference curves |
Chapter 2.2 and 2.3 |
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15 January |
Equilibrium in the International Economy |
Chapter 2.4, and 2.5 |
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20 January |
The Specific Factors Model |
Chapter 3.1 and 3.2 |
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22 January |
What are Economic Rents? |
Chapter 3.3 and 3.4 |
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27 January |
The Heckscher-Ohlin Model |
Chapter 4.1 and 4.2 |
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29 January |
More on the Heckscher-Ohlin Model |
Chapter 4.3 and 4.4 |
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3 February |
Migration of Labor |
Chapter 5.1 and 5.2 |
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5 February |
Direct Investment |
Chapter 5.3 and 5.4 |
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10 February |
Tariffs and Quotas |
Chapter 8 |
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12 February |
Midterm
Examination |
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17 February |
The Global
Macro-economy |
Chapter 12 |
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19 February |
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24 February |
The Spot Market for Foreign Exchange |
Chapter 13.1, 13.2, and 13.3 |
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26 February |
The Forward Market for Foreign Exchange |
Chapter 13.3, 13.5 and 13.6 |
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3 March |
The Monetary Approach to Exchange rates |
Chapter 14.1, 14.2, and 14.3 |
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5 March |
Exchange Rates in the Long Run |
Chapter 14.4, 14.5, and 14.6 |
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10 March |
National Accounts and the Balance of Payments |
Chapter 16 |
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12 March |
Review Lecture |
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17 March |
The
University has scheduled the Final
Exam from 10:10 to 13:00. |
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