H. Youngelson-Neal

Spring 2004

 

 

 

ECONOMICS 340

SYLLABUS

 

                This course is an introduction to international economics.  International economics covers a range of topics that include trade, money, investment, and the multinational enterprise. An emphasis will be given to the application of economic methodology to the examination of current international trade and monetary policy issues.

 

 

REQUIRED TEXT:

Robert J. Carbaugh, INTERNATIONAL ECONOMICS, 9th ed., 2004.

Exercises to be handed out.

 

                     

OFFICE HOURS: Tuesday, and Thursday 12-1:00p

OFFICE:                                241-E Cramer Hall; phone # 725-5485 e-mail:

                                              youngelsonnealh@pdx.edu

 

EXAMINATIONS:  Mid-term Examination: Tuesday, May 4th

                                      Final Examination: Tuesday, June 8h,  10:15-12:05p

GRADING:

          Students will be responsible for the assigned readings and class discussions.  The final grade will be based upon a weighted average of the midterm and final examinations (85 percent of the grade) and student exercises to be handed out (15 percent of the grade)

          Failing to take the final exam will result in an incomplete for the course.  Any student caught cheating on an examination will be given a "zero" for that examination and the zero will be counted 50 percent of the course grade.

 

 

 

READING ASSIGNMENTS:

(Dates given for the class discussions are approximate and may vary)

 

INTRODUCTION - DIMENSIONS OF GLOBALIZATION  (March 30th)

Carbaugh, Ch.1.

               

FREE TRADE OR PROTECTIONISM:  MODERN THEORY OF TRADE  (APRIL 1-9)

Carbaugh, Chs.,2, 3 (pp. 59-69, and 4 (excluding appendix).

Exercise I. Comparative Advantage  (to be handed out)

 

 

FREE TRADE OR PROTECTIONISM: AN ANALYSIS OF TRADE REGULATIONS (APRIL 13-20).

Carbaugh, Chs.5 and 6.

Exercise II Trade Restrictions  (to be handed out)

 

 

INTERNATIONAL TRADE POLICY ISSUES (April 22-29)

 Carbaugh, Chs. 7-9

 

 

INTERNATIONAL MONETARY RELATIONS AND THE BALANCE OF PAYMENTS   (May 6)

Carbaugh, Ch.11

Exercise III  Balance of Payments   (to be handed out)

 

FOREIGN EXCHANGE MARKET AND EXCHANGE RATE DETERMINATION 

 (May 11-18)

Carbaugh, ChS. 12 AND 13.(excluding appendix)

                   

                                                                               

EXCHANGE RATE ADJUSTMENTS UNDER ALTERNATIVE EXCHANGE RATE SYSTEMS  

 (May 20-27)

\Carbaugh,  Chs. 14-15.

               

 

ALTERNATIVE EXCHANGE RATE REGIMES (June 1-3)

Carbaugh,  Chs. 16 and 17.