International Economics (Fall 2021 - ITAM)
ECO-13101-002 (Monday, Wednesday 17:30-19:00, online / room RH206)
ECO-13101-003 (Monday, Wednesday 19:00-20:30, online / room RH106)
Syllabus and Itam calendar 2021
Online class on International Trade by Professor Ronald W. Jones: 1,2,3,4
Other media: Charlie Rose's debate about NAFTA with James Goldsmith and Laura Tyson; Paul Krugman Prize Lecture; Russ Roberts on Smith, Ricardo, and Trade
Readings
Week 1: Introduction to international trade and static optimization [handout1, handout2; KOM2012chp1 and chp2; readings:(1)(2)]
Week 2: Pure exchange model and the Ricardian model [handout3; KOM2012chp3; readings:(1)(2)]
Week 3: Implications and extensions of Ricardian model; understanding non-traded sectors [handout4; KOM2012chp3, F2003chp1; readings:(1)]
Week 4: Implications and extensions of Ricardian model (cont) / MIDTERM (Wednesday 25 August) [handout4; KOM2012chp3, F2003chp1; readings:(1)]
Week 5: The specific factors model [handout5; KOM2012-chp4, F2003chp3; readings:(1)(2)]
Week 6: The Heckscher-Ohlin model [handout5, handout6; KOM2012chp5, F2003chp2: readings (1)(2)]
Week 7: Empirical evidence of classical trade models; gravity equations and Armington model / MIDTERM (Wednesday 22 September) [handout7;handout8, handout9; KOM2012chp2 and 6, F2003chp5; readings:(1),(2)]
Week 8: Inter/Intra sectoral trade; market power and increasing returns to scale [handout10; handout 11; KOMchp7, F2003chp5; readings:(1)(2)]
Week 9: The Krugman model and extensions [handout10; handout 11; handout12; KOMchp7, F2003chp5; readings:(1)(2)(1)]
Week 10: New new trade theory: Melitz Model / MIDTERM (Wednesday 20 October) [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 11: New new trade theory: Melitz Model (cont) [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 12: International trade policy, trade agreements, dumping and antidumping [handout14; KOM2012chp9/10; F2003chp7; readings:(1)(2)]
Week 13: MIDTERM (Wednesday 17 November)
Week 14: International trade policy, trade agreements, dumping and antidumping (cont) [handout14; KOM2012chp9/10; F2003chp7; readings:(1)(2)]
Week 15: International chain values of production [handout15, handout16; readings:(1)(2)]
Practice exercises: assignment 1; assignment 2; assignment 3; assignment 4; assignment 5
Practice exams: practice midterm 1; exam 1; practice midterm 2; practice midterm 3; practice midterm 4; practice midterm 5; midterm 6; midterm 7; exam 1; exam 2; exam 3; exam 4; exam 5; exam6; exam7; exam 8; exam 9
Assignments: homework 1 (deadline on the 27th of October); homework 2 (deadline on the 30th of November)
Grades: Midterm1; Midterm2; Midterm3; Midterm4; Midterm5; HW1; HW2; Final Weight; Letter grade
