International Economics (Spring 2017 - ITAM):
ECO-13101-002 (Monday 19:00-22:00, room 203 in ST)
- Syllabus
- 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]
- Week 2: Pure exchange model and Ricardian model [handout2; readings: (1),(2)]
- Week 3: Extensions to Ricardian model [handout3; KOM2012-chp3, F2003-chp1; readings: (1),(2)]
- Week4: The specific factors model and product factor returns [handout4; KOM2012-chp4, F2003-chp3; readings: (1),(2)]
- Week 5: The Heckscher-Ohlin model, Stolper-Samuelson, and other main trade theorems [handout5; KOM2012-chp5; F2003-chp2; readings: (1),(2),(3)]
- Week 6: The skill-premium and empirical evidence on classical trade models [handout6; KOM2012-chp6; readings:(1)(2)]
- Week 7: The Armington model and trade gravity equations [handout7, handout8; F2003-chp5; readings:(1)]
- Week 8: Midterm (March 13) [review topics; additional exercises]
- Week 9: Midterm solution; Inter and intra industrial trade; increasing returns to scale [handout9; hangout10; KOM-chp7, F2003-chp 5; readings:(1)(2)]
- Week 10: New trade theory: Krugman model and extensions [handout10, handout11; KOM2012-chp7; F2003-chp5; readings: (1)]
- Week 11: New new trade theory: Melitz model and firm-level export heterogeneity [handout12; KOM2012-chp7 and 8; readings:(1)(2)]
- Week 12: New new trade theory: Melitz model cont [handout12; KOM2012-chp7 and 8; readings:(3)(4)(5)]
- Week 13: International trade policy [handout13; KOM2012-chp9 chp10; readings:(1)(2)(3)]
- Week 14: Revisions for the final exam [review topics; additional exercises]
- Practice exercises: assignment 1; assignment 2; assignment 3; assignment 4; assignment 5
- Practice exams: practice midterm 1; practice midterm 2; practice midterm 3; practice final 1; practice final 2; practice final 3; practice final 4
- Assignments: homework 1 (due to March 19th); homework 2 (due May 16th)
- Grades: midterm1; homework 1; homework 2; final exam; final grade