Examine causes and consequences of international trade

Assignment Help Macroeconomics
Reference no: EM131229164

International Trade Theory

Overview: This course will examine causes and consequences of international trade. We will use both the core and new models of international trade as a tool to understand why and how countries trade, what they trade, and who gains from trade. Moreover, we will investigate trade policies and restrictions. The effects of tariffs, quotas, subsidies, and international agreements will be discussed.

Course Prerequisites: ECO 3101 Intermediate Microeconomics. You are required to know and be able to use the microeconomic tools that you learned in your intermediate microeconomics class. You must also know basic algebra and calculus.

Textbook: International Trade, 2nd edition, by Feenstra and Taylor. Office Hours: TR-2:30-3:15 or by appointment.

There is no alternative tool or solution to improve your final grade. Please do not ask for an extra credit assignment to improve your grade at any time during the semester.

Assignments: There are 4 assignments. Each assignment grade is 5% of your final grade. You can work as groups, but assignments should be done individually.

Midterms: There are 3 midterms. Each midterm is 20% of your final grade. Final Exam: The final exam is cumulative and is 30% of your fmal grade

Presentation: The presentation topic is either an "Application" or a "Ireadline from the textbook. Ou must discuss the topic with the instructor and get approval in advance. The presentation should be done right after the related chapter or section is covered in class and before the instructor begins a new chapter or section. Please discuss the topic and timing of the presentation with our instructor in advance. The presentation is optional and can be done at most once AS TIME ALLOWS. I suggest you not to wait until the end of the semester to do a presentation in order to avoid crowding. If time does not allow, you may not get the opportunity to do a presentation.

You are encouraged to attend all classes. Your attendance, involvement in in-class discussions, and effort may return to you as a bonus grade.

Reference no: EM131229164

Questions Cloud

Virtual private network-an extranet and intranet : List and describe three main capabilities or tools of a DBMS. Identify and discuss the major types of systems in a business from a constituency perspective. What is the relationship between these systems? What is the difference between a virtual priv..
Companies improve the security of online classifieds : Security of Online Classifieds Web Pages How are the companies in this business protecting their users from such assaults, and how can these companies improve the security of online classifieds?
About legal environment of business-business organizations : This project requires you to identify and analyze legal issues and to make recommendations based on one or more fact patterns. The issues will relate to the concepts covered in weeks 1, 2, and 3 about the legal environment of business and business or..
Globally sources at least one material or service : If your organization or one with which you’re familiar globally sources at least one material or service, please (a) describe the item being sourced and its importance to the organization and (b) why they are sourcing it globally, i.e. low cost, clos..
Examine causes and consequences of international trade : ECO 4703. Examine causes and consequences of international trade. We will use both the core and new models of international trade as a tool to understand why and how countries trade, what they trade, and who gains from trade.
How can you break the main method : What we want to do in this assignment is we want to break our main file into three files: interface, client, and implementation and
What time does the process start to lose customers : Homework - Process Flow Analysis - what time does the process start to lose customers and What is the longest possible waiting time (in minutes) for a customer who joined the queue?
Analyse the data provided by the supplier : Your task is to independently analyse the data provided by the supplier and produce a poster for the management of your company with your recommendations about commissioning the ORC
Write a matlab script to display the even component : Write a MATLAB script to Display both the even component and odd component of v(t) in window 2 by using subplot. Verify if the system y(t) = sit(t) is time-invariant by displaying x1(t) = v(t), y1(t), x2(t) = v (t - 2), and y2 (t) ) in window 3,

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd