ECON 310 INTERNATIONAL ECONOMICS SUMMER--------- -6-WEEK- SESSION Instructor: Dr. Koushik Ghosh Office: Ellensburg Shaw-Smyser 427 Email: ghoshk@cwu.edu Office Hours: To be announced after discussion with students Course Description Historical patterns of globalization, complex issues of globalization, international trade and monetary theories, analyzing economic relationships and adjustments within and among trading nations, specialization, tariffs, balance of payments, and international monetary systems. Prerequisite, ECON 202 Statement of Purpose The objective of this course is to develop the student's analytical skills and reasoning abilities by applying his/her knowledge of microeconomic theory and macroeconomic theory to the study of international economics and globalization. The course emphasizes trading relationships and financial relationships among nations, and explores both the history of globalization as well as its present texture. Course Outcomes 1. Critical Thinking-the student will be able to use marginal analysis to critically analyze problems and apply economic theory to contemporary policy issues. Quantitative Reasoning-the student will be required to analyze some statistical data. Effective Writing-the student will be required to explain and interpret economic scenarios, events, and forecasts. 2. 3. Required Text Robert Carbaugh, International Economics, 13th Edition, 2011, (South Western Cengage Learning). Recommended End-of-Chapter Questions and Multiple Choice (www.cwu.edu/~carbaugh/) Assessment-Examinations, Quizzes, Papers and Participation Three exams………….................................. 300 points Three quizzes................................................ 150 points Optional Paper…………………………… 50 or 100 points Discussion Board………………………………..150 points Course Requirements 1. REVIEW THE SUPPLEMENT FOR A DETAILED READING LIST- THAT YOU WILL BE REQUIRED TO PURSUE IN ADDITION TO THE READINGS IN THE TEXT. 2. Check Blackboard for a detailed Calendar and the Grading scale for this class. 3. University policies on withdrawals will be strictly adhered to. 4. Students are required to take all exams. There will be no makeup exams given. If for some valid reason students cannot take the tests when scheduled, the instructor must be notified well before the test is given. IN CASE THE STUDENT IS UNABLE TO TAKE AN EXAM/QUIZ, THE STUDENT WILL HAVE THE OPTION OF WRITING A PAPER. Check Blackboard for Paper Submission Guidelines as well as an Essay Construction Guide. 5. Students writing a paper MUST review a detailed set of instructions available in on Blackboard. A series of discussions will be facilitated during the course and pursued vigorously in the Discussion Board. Participation in this discussion board is essential for crafting a successful paper if you decide to exercise this option. More details about this discussion board exercise will be provided in class. Sequence of Readings (subject to adjustment-watch for announcements) Readings in Text Topics The International Economy 1 Foundations of Modern Trade Theory 2 Sources of Comparative Advantage 3 Tariffs 4 Nontariff Trade Barriers 5 Trade Regulations and Industrial Policies 6 Trade Policies for Developing Countries 7 Regional Trading Arrangements 8 International Factor Movements and Multinational Enterprises 9 The Balance of Payments 10 Foreign Exchange 11 Exchange-Rate Determination 12 Exchange-Rate Adjustments and the BOP 14 Exchange Rate Systems 15 *Some topics may be added, eliminated or condensed, as time permits. *****In addition to the above sequence please review the following TRADE AND GLOBALIZATION-SYLLABUS SUPPLEMENTREADINGS ON THEMES AND TOPICS. BLACKBOARD FOLDERS- in Syllabus, Course Documents, Discussion Board and Assignments. College of Business Honor Code As College of Business students we pledge to uphold these standards of professionalism and conduct ourselves in accordance with them. We will not lie, cheat, or steal, and will not tolerate those who do. Our behavior defines who we are and what we will become. Students will receive a grade of “F’ if caught cheating. Also, students are expected to be courteous and respectful during class; this includes remaining quiet while the professor is lecturing. Students who fail to do so will be asked to exit the class. Disability Support Services Students with disabilities who wish to set up academic adjustments in this class should give me a copy of their “Confirmation of Eligibility for Academic Adjustments” from the DSS Office as soon as possible so we can discuss how the approved adjustments will be implemented in this class. Students without this form should contact Disability Support Services Office, Bouillon 205 or dssrecpt@cwu.edu, or 963-2171.