Watch the right-hand column for new
assignments and announcements.
Class time & place
DMH 166, Mon/Wed, 10:30-11:45 AM, Feb. 1 to May 16.
- Instructor: Warren C. Gibson
- Ph D. Engineering; M.A. Economics
- email: warren(at)gibson2.com
- Office hours: time and place TBD.
Syllabus and text
The syllabus is
Your text is Gerber, “ International Economics,” 6th ed.,
- ISBN 978-0132950145 is the softcover version
- ISBN 978-0132948913 is the hardcover version, more expensive but
available as a rental, I am told
Note that we will not
us MyEconLib, so don't sign up for it.
Also, previous versions of the text will not work.
The course is divided into five units.
- Unit 1: Gains from trade
- Unit 2: Government intervention
- Unit 3: International trade organizations
- Unit 4: International trade organizations
- Unit 5: Current issues
You will get a handout for each unit listing key terms and concepts
for which you are responsible. You will also get a “Unit
0” handout listing key terms and concepts from your Principles
classes, for which you are also responsible.
Homework (25% of your grade)
You will have weekly homework assignments which will typically require four
six hours of work. They are to be submitted in class, usually on Wed.
The homework you submit must be your own work. Identical text answers
will be consider prima facie
evidence of copying.
I will give short quizzes in class most weeks.
There is no makeup on quizzes but I will drop several of your lowest quiz
Midterm exams (each 15%)
In class, Mar. 23 and Apr. 29. 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.
Final exam (33%)
There will be a comprehensive final exam on Tues. May 24 at 9:45 AM.
Make your travel plans accordingly.
Assignments, announcements and downloads:
A study guide for your Mar. 23 midterm exam is posted
here. Bring it
to class on Monday; also your textbook.
- (May 18)
The recent Powerpoint slides on Europe and the Euro are posted
- (May 12)
Your final exam study guide is available
- (May 6)
A short paper on Venezuela will substitute for our last two quizzes.
Articles from the Economist are
- (May 4)
Recent powerpoint on international organizations
- (Apr. 21)
- A study guide for the Apr. 27 midterm exam is posted
here. Note that you
will have to do a little research on the Argentine economy
so you can give a good response to the last question. You
will have to memorize a few things! To get you started,
I have posted articles from The Economist
- Homework #10 due date extended to May 2 so that you can
concentrate on preparing for the midterm exam.
- PowerPoints shown on Wed. on XR history are posted
- (Apr. 18)
- Recent powerpoints on foreign exchange are
- Homework #10 is posted
here. Due Apr 25.
- (Apr. 11)
Homework #9 is posted
here. Due Apr. 18.
- (Apr. 2)
Homework #8 is posted
here. Due Apr. 11.
- Answer to question 2 p. 134 is
- Homework 7, due Mar. 21, is
here. It requires you to
read a short article which is
- Powerpoint file on quotas is
(Mar. 7) The graph showing welfare transfers due to a tariff that I have
been showing in class is
Homework 6, due Mar. 14, is available
here. As part of it, you
will read a short article available
Homework 5, due Mar. 7, is available
here. Also, the WSJ piece
on Big Data is
Powerpoint files shown in class are posted for
Homework #4, due Feb. 29, is available
here. It references
this web site.
(Feb. 17) Shown in class recently:
Homework due Feb. 22 is posted
here. It includes a short
reading which is available
Homework 2, due Feb. 15, is
here. Graph paper for use in this
homework is here.
Our first provocative lecture will be held on Tues. Feb. 9 from
5:15 to 6:45 in the New Student Union Theater. Speaker: Adam
Thierer. Topic: Permissionless Innovation.
Unit 0 outline is here. This is a list of terms and concepts that
you should have learned in your Principles classes.
- Homework #1 is here, due
Feb. 8. These are questions about topics you should have learned in
your Principles classes. Warning: if these questions baffle you, you
will surely have a difficult time in this class, and you should consider
dropping (deadline Feb. 8).
- Optional: download this
spreadsheet for your
use in tracking your class grade as we go.