ECON 210-01, International Economics, Fall 2009

Abstract

In International Economics you will learn about the application of economic principles in the analysis and interpretation of economic interdependence among nations. Specifically, we will cover the theory of international trade, trade policy, foreign exchange markets, balance of payments, and the effects of macro policy in an open economy. The readings for each section are outlined below. A detailed outline of the material to be discussed will be giver prior to each lecture to aid in your preparation. Readings from The Wall Street Journal and The Economist will be a regular part of the course. We will discuss current events related to international economics. Furthermore, you will have assignments to locate and analyze related articles.The goals of this course are to expose you to the theories of international trade and international finance, to hone and expand the use of microeconomic (in trade) and macroeconomic (in finance) tools/models that you learned in Economics 101 and 102, and to train you to understand and analyze “current events” in international economics. The means by which these goals will be achieved are through lecture, out-of-class problem assignments, and current event analyses, which are explained in further detail below. Exams will include both problems/essays and analysis of current events.