International Economics (Spring 2021 - ITAM)
ECO-13101-002 (Monday 7:00-10:00, online / room RHB-1)
ECO-13101-003 (Tuesday 7:00-10:00, online / room RHB-1)
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: The specific factors model [handout5; KOM2012-chp4, F2003chp3; readings:(1)(2)]
Week 5: The Heckscher-Ohlin model [handout5, handout6; KOM2012chp5, F2003chp2: readings (1)(2)]
Week 6: Empirical evidence of classical trade models; gravity equations and Armington model [handout7;handout8, handout9; KOM2012chp2 and 6, F2003chp5; readings:(1),(2)]
Revisions and the midterm [study topics; additional exercises; midterm of last year; solution of the midterm]
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 [handout10; handout 11; KOMchp7, F2003chp5; readings:(1)(2)]
Week 10: Extensions of the Krugman model [handout12; KOM2012chp7, F2003chp5; readings:(1)]
Week 11: New new trade theory: Melitz Model [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 12: New new trade theory: Melitz Model (cont) [handout13; KOM2012chp7,8; readings:(1)(2)(3)]
Week 13: International trade policy, trade agreements, dumping and antidumping [handout14; KOM2012chp9/10; F2003chp7; readings:(1)(2)]
Week 14: International chain values of production [handout15, handout16; readings:(1)(2)]
Week 15: Revisions for the final exam [Additional exercises; study topics]
Extra: Introduction to international macro/finance [handout 17; 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 10th of April); homework 2 (deadline on the 10th of May)
Grades: midterm1; final exam; homework; final weight; letter
