Announcements:
Download Key Terms for the Final Exam
here.
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Syllabus (PDF)
Classroom: Rawls Hall 1057
Office: Krannert 402
Office Hours:
Tuesdays 3-4:30PM
Teaching Assistant: Joo Young
Jeon
Email:
jeon11@purdue.edu
Office: Krannert 466
Office Hours:
Monday, Wednesday 11AM - 12PM
Textbook
Feenstra and
Taylor, “International Trade” + Study Guide.
Note:
Alternatively you can use Feenstra and Taylor’s “International Economics”
books, which includes all the material in their International Trade book.
Their “International Economics” book also includes topics on International
Macroeconomics, which are covered in Econ 371.
Exams, Homework, and Grading
Policy:
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4 Problem Sets
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20%
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Empirical project
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10%
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Midterm Exam
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35%
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Final Exam
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35%
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Occasional quizzes
(bonus points)
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Up to 5%
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Topics
The following table shows the list of topics and
readings for the term. All the Chapters listed below are from Feenstra and Taylor’s textbook.
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SCHEDULE
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class #
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Topic
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Reading
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1, 2
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Introduction and Overview of Globalization
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Chapter 1,
Lecture Notes,
WSJ article
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3,4
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Trade and Technology
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Chapter 2, Lecture Notes
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5-7
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Specific Factors Model
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Chapter 3, Lecture Notes
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8-11
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Resources and Trade: Heckscher-Ohlin Model
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Chapter 4, Lecture notes: Part 1,
Part 2,
Part 3
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12,13
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Movement of Labor and Capital
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Chapter 5, Lecture notes: Part 1,
Part 2
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14
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Review
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|
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15
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Midterm
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16-18
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Increasing Returns to Scale and Trade
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Chapter 6, Part 1,
Part 2,
Part 3
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19, 20
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Outsourcing and the wage effects of trade
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Chapter 7, Lecture Notes
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21-24
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Import Tariffs and Quotas
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Chapter 8 (Lecture
Notes)
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25,26
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Subsidies
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Chapter 10 (Lecture Notes)
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27, 28
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International Trade Agreements
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Chapter 11 (Part 1,
Part 2)
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Homework Assignments:
HW 1 (Due February 10, 5 PM)
HW 2 (Due February 26, in
class)
HW 3 (Due April 3, TA's mailbox by 1 PM)
The Business Week Article to
be used with HW3.
HW 4 (Due April 25, TA's mailbox by midnight)
Empirical Project:
An empirical project will comprise 10% of your total grade. Please
form groups of 3-5 students from the class to work on your project. You can
work on a wide range of topics in the context of international trade,
including but not limited to, globalization, environmental policy, growth
and development, intellectual property rights, policy coordination and trade
agreements, dispute resolution, productivity and wages, foreign direct
investment, and outsourcing.
To find a topic for your project, you can look at several economic blogs
that discuss international trade issues, including:
New:
The
Economics, Law and Politics of the GATT/WTO
International Economic Law and Policy Blog
The Economist
The Financial Times
The Wall Street Journal
Dani
Rodrik's weblog
Also, Professor Bruce Blonigen of University of Oregon has a list of
interesting subjects for an empirical project in international trade that
you can find through the following link:
http://www.uoregon.edu/~bruceb/ecn481.html.
The deadline for submission of the project is April 20, 2009.
You must pick a topic and form your groups by March 9.
Please send an email to the TA and put "empirical project" in the subject
line. In the body of the email list the name of your group members and
explain the topic that you want to work on. Each group should send one
email. Please CC me and all of your group members as well.
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Mostafa
Beshkar > Courses> International Trade (Econ 370)
