International Economics (Fall 2018 - ITAM):
ECO-13101-001 (Monday and Wednesday 17:30-19:00, room 205 in ST)
ECO-13101-002 (Monday and Wednesday 19:00-20:30, room 205 in ST)
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: Simple trade model and the Ricardian model [handout3; KOM2012chp3; readings:(1)(2)]
Week 3: Implications and extensions of Ricardian model and 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)]
Week 7: Revisions and the midterm on Monday, October 8th [study topics; additional exercises; midterm solution]
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: Introduction to international macro/finance [handout 17; readings:(1),(2)]
Week 16: Revisions for the final exam [Additional exercises; study topics; final exam solutions]
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; exam 1; exam 2; exam 3; exam 4; exam 5; exam6; exam7
Assignments: homework 1 (deadline on the 5th of November); homework 2 (deadline on the 2nd December)
Grades: midterm; final exam; homework1; homework2; final weight grade; final letter grade
Make-up classes: September 22
Introduction to Macroeconomics (Summer 2013); Economic Statistics (Summer 2014); International Economics (Fall 2015; Spring 2016; Fall 2016; Spring 2017; Fall 2017, Spring 2018)