Sections
- 20355, M/W 10:30-11:15, DMH 166
- 25148, M/W 1:30-2:15, DMH 166
Contact info
- Instructor: Warren C. Gibson
- Ph D. Engineering; M.A. Economics
- email: warren(at)gibson2.com
- Office DMH 144, no phone.
- Held at Cafe Pomegranate, across the street from DMH, times TBA.
Syllabus and text
The syllabus is
here.
Your text is Sawyer and Sprinkle, “ International Economics,” 3rd ed., Prentice Hall 2006, ISBN 013-1704168. The publisher provides a student
web site
which you may find useful.
Quizzes
There will be a 5-question quiz most Wednesdays.
Midterm exams
There will be midterm exams on Oct. 5 and Nov. 23
Class participation
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.
Extra Credit
The Economics Department sonsors 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.
Final exam
There will be a comprehensive final exam.
Three takeaways from the class
Long after you have forgotten graphs, formulas, and even some of
the concepts, I hope you will remember three things from this class:
- Free trade, whether domestic or international, benefits everyone
in the long run.
- Free trade and international peace go hand in hand.
- Our current system of floating exchange rates is wasteful and
destructive relative to the gold standard.
Announcements and downloads:
- (Feb. 15)
Notes
shown in class on problems in shifting production when K and L are
both mobile domestically.
- (Feb. 7) Video shown in class,
Global Exchange: Free Trade & Protection
- (Feb. 5)
Spreadsheet
version of Table 6.2
- (Jan. 31)
Micro boot camp
powerpoint slides.
- (Jan. 31) Substitute for
question 16, p. 39.
- (Jan. 29) Provocative Lectures:
- Thurs. Feb. 23, 5:15-6:45 PM, Prof. Hummel, “A US Government Default;
Inevitable and Desirable”
- Mon. Mar. 19, 5:15-6:45 PM, Terry Anderson, “The Poorest One Percent”
- Thu. Apr. 12, 5:15-6:45 PM, Michael Boskin, “The Uncertain Economy: the Great REcession, the Anemic Recovery and Our Policy Alternatives”
- (Jan. 2) Download this
spreadsheet
to use for tracking your grade in this class. The spreadsheet is pre-loaded with
placeholder grades that add up to a B. Substitute your own grades as the class proceeds
to see where you stand. Insert zero for any missed quiz.
- First homework assignment:
gains from trade.
For discussion in class on Feb. 8.
Additional reading assignments
Watch this space for reading assignments or recommended but non-required
reading.