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DMH 160, Mon/Wed, 9:00-10:15 AM

- Instructor: Warren C. Gibson
- Ph D. Engineering; M.A. Economics
- email: warren(at)gibson2.com
- Office hours Mon/Wed 10:30 to noon, Cafe Pomegranate, directly across the street. Subject to change.

The syllabus is here (revised Aug. 17 to correct start date). Your text is Gerber, “ International Economics,” 6th ed., Pearson 2014

- ISBN 978-0132950145 is the softcover version
- ISBN 978-0132948913 is the hardcover version, more expensive but available as a rental, I am told

- Unit 1: Gains from trade
- Unit 2: Government intervention
- Unit 3: International trade organizations modified Nov. 8
- Unit 4: International trade organizations modified Nov. 8
- Unit 5: Current issues (to appear)

I will give short quizzes in class most weeks. There is no makeup on quizzes but I will drop several of your lowest quiz scores.

In class, Oct. 14 and Nov. 11. No Scantron forms.

I encourage all students to participate in class with questions, comments, arguments, etc. If your course score is a borderline between letter grades I may, at my discretion, bump your grade up based on your class participation.

The Economics Department sponsors the Provocative Lecture series. Three lectures are given each semester, and you can obtain extra credit by attending. Those whose schedules preclude this will be given an alternative opportunity.

There will be a comprehensive final exam on Wed. Dec. 16 (Beethoven's birthday) in our regular classroom at 7:30AM(!).

- (Nov. 27)
- Your last two homework assignments are available here (#10) and here (#11). I would like to get these on Wed. Dec. 2 but you may have until Mon. Dec. 7 without penalty.
- Answers to the second midterm exam are posted here .

- (Nov. 17)
Answers to homework assignments 8 and 9 are here.

- (Nov. 13)
A list of exam questions is available here.

- (Nov. 8)
- (Nov. 2)
- (Oct. 27)
The spreadsheet shown in class yesterday is here.

- (Oct. 22)
- (Oct. 15)
- Thinking of a career in forestry? Optional: watch this amazing short video showing an example of substitution of K for L.
- Homework #6 is available here, due Wed. Oct. 21. Here are the links for this assignment:

- (Oct. 8)
- Midterm exam Wed. Oct. 14. Bring pencils and erasers (not pen). No Scantron, Blue Book, or calculator. There will be plenty of time for you to relax and work thoughtfully.
- Homework answers and revised unit outlines available here. The exam covers classroom discussions plus text chapters 3-6. The Unit 2 outline includes concepts from chapters 7 and 8, but some of those concepts will not be included on this exam.

- (Oct. 2)
- One student reported difficulty with the quota video posted Sep. 29. It works for me on MacOS. Let me know if you have any difficulty and I'll send it via email.
- Homework #5 is available
here. It is due on
*Monday Oct. 12*, not Oct. 7 per the usual schedule. The assignment asks you to read two papers that present conflicting views of “Competitivness”. They are available here:- Paul Krugman, Competitiveness: A Dangerous Obsession
- Porter and Rivkin, The Looming Challenge to U.S. Competitiveness

- Our midterm exam will take place on Wed. Oct 14 and the following homework will be due Oct. 21.

- (Sep. 29)
- (Sep. 23)
- Graphs given in class on Sept. 14 showing the welfare effects of shifts of capital and labor between the U.S. and India are here.
- Homework #4 due Sep. 30 is here.
- The spreadsheet showing the welfare effects of a tariff is here. Try changing the amount of the tariff in cell F1 to see the effects.
- Forthcoming Provocative Lectures

- (Sep. 12) Several things this week:
- As promised, a revised schedule of topics.
- A brief outline of the Stolper-Samuelson theorem which seems to puzzle some of you.
- An Excel spreadsheet illustrating economies of scale, which I may or may not get to in class.
- Unit 1 outline. Did I pass this out in class?
- Unit 2 outline
- Homework #3, due Sept. 23, is here. For your convenience, here are the two links needed for this homework:

- (Sep. 5) Homework #2, due Sept. 16, is here. Use this link to access the reading assignment for this homework.
- (Aug. 28) Homework assignment #1, due Sept. 9, is here. You can use the graph paper provided here to make your graphs, or use your own, but do try to draw them neatly.
- (Aug. 10) Your first homework assignment, due Sept. 2, is here. It tests you on elementary concepts from the Principles classes (micro and macro) which are prerequisites for this class.