International Trade Prof. Christopher Balding Monday and Thursday - - PowerPoint PPT Presentation

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Oct 08, 2022 155 likes •240 views

International Trade Prof. Christopher Balding Monday and Thursday 10:30 12:20 Baldingsworld.com/courses Course Objectives Cover at an advanced level the foundations, theories, and empirical realities of modern international trade

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International Trade

Prof. Christopher Balding

Monday and Thursday 10:30 – 12:20

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Baldingsworld.com/courses

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Course Objectives

 Cover at an advanced level the foundations,

theories, and empirical realities of modern international trade

 Deepen our understanding of all aspects of

international trade including the microeconomic foundations, currency economics, and trade policy

 Improve analytical skills for career development

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A New Direction

 Less straight international trade economics and

more international business of trade

 The first 1/3 to ½ of the class will remain the

same to provide you a sound foundation

 The second half of the class will focus more on

the international business of trade

 What topics in international business and

economics would you like to see?

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Skills for this Class

 I assume everyone has a solid background in

economics and has taken advanced macro and micro economics

 While there will be both theoretical and

empirical use of math in this course, this is not an applied mathematics course.

 The most important skills acquisition is to

improve your creative problem solving and analytical rigor not your math skills

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What is Expected of Students

 You are expected to come to class and

participate in the discussions and lectures

 You are expected to have completed the

readings prior to every class session

 I expect you to come to class with questions

about the readings

 This is not a class where I lecture for two hours

everyday and you take notes

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Grading

 Final Exam: 40%  Final Paper: 40%  Presentation and Participation: 20%

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Readings for Monday

 Bernhofen, D. and J. Brown (2004), “A Direct

Test of the Theory of Comparative Advantage: The Case of Japan” Journal of Political Economy, 112: 48-67.

 Rudiger Dornbusch, Stanley Fischer, & Paul