INTERNATIONAL UNIVERSITY OF GRAND-BASSAM
School of Business and Social Sciences
ECON 2100 – Global Economy
Mondays and Wednesdays 2:30-5:20 p.m. Room 22
May 2015
I.
Instructor Information:
A. Name: Frédérique ALLOU
B. Phone: +225 48 05 95 12
C. Email: allou.m@iugb.edu.ci
D. Office location: Room 140, Etimoe Building
E. Office hours: MW 1:00-2:00 p.m.
TTH 2:00-4:30 p.m.
II. Course information
A. Number of Class Hours per week: 3
B. Number of Credits: 3
C. Articulation: GSU/UH/UAB
D. Course Prerequisites: Math 1101 or 1111
E. Computer Skills Prerequisites (CSP): CSP1, CSP 6, and CSP 7
F. Course Description:
The world's economies have become much more integrated over time. This course is designed to introduce students to
basic facts about the operation of the world economy, with particular focus on current issues confronting economies of
various countries. The course will discuss the role of international organizations such as the World Bank and the
International Monetary Fund, and will focus on major challenges facing policy makers, such as global income inequality,
financial crises, environmental challenges, the transition to a market economy, and currency unions.
III. Institutional Learning Outcomes: The learning outcomes and objectives of this course are supported by the following
guiding principles:
 Communication (Oral and Written)
 Collaboration
 Critical Thinking
 Contemporary Issues
 Quantitative Skills
 Technology
 Problem Solving
Learning Objectives: Upon completion of Econ 2100, each student should be able to:
1. Identify the Production Possibility Curve and to use it to measure opportunity costs.
2. Understand and describe the concepts and measurement of gross domestic product, unemployment, and
inflation.
3. Understand and describe the difference between business cycles and economic growth and the factors that
contribute to each.
4. Understand and describe the concepts of Absolute Advantage and Comparative
Advantage.
5. Understand and describe the concepts of balance of payments and its components, as well
as the determinants of exchange rates.
6. Identify the benefits and costs of free trade.
7. Define globalization and understand its history.
8. Understand the roles of international trading arrangements (e.g., the North American Free
Trade Act, the General Agreement on Tariffs and Trade), and the functions of
international organizations (e.g., the International Monetary Fund, the World Bank, the
World Trade Organization).
ECON 2100 Syllabus
May 2015
9. Define and identify the components of capital flows and the determinants of capital flows to different world
regions.
IV.
REQUIRED TEXTBOOK: Global Economic Issues and Policies, 2nd Edition, by Joseph P. Daniels
and David D. Vanhoose, will be our primary textbook. Additional readings (when necessary) will be
made available via edu2.0. A calculator is recommended. . Students need out-of-classroom Internet
access to work on projects and home assignments.
V. On-line tool:
Edu 2.0: You can access edu 2.0 link at www.iugb.edu20.org. On edu2.0, I will post lecture notes, assignment information,
supplementary readings, etc. You can also use the system to send emails and check your grades. You are responsible for
checking it regularly.
VI. Assessments and Project Description
A. Frequency: 10 quizzes, 3 Exams, 1 group presentation, 1 writing assignment (see scheduled dates in course
outline)
B. Weighting of different assessments
Quizzes
Group Presentation/homework
Participation
First Exam
Midterm Exam
Final Exam
Total
10%
15%
5%
20%
20%
30%
100 %
C. Types and expectations
1.
2.
3.
4.
5.
6.
Quizzes: There will be a total of 12 quizzes (on-line and in-class).The online quizzes are
scheduled and posted. There are 10 questions (multiple choice, short answers) covering the
chapter. There will be NO MAKE-UP quizzes for missed deadlines.
Exams: There will be 2 in-classes (closed-book and closed-notes) exams. They are noncumulative. There will be 1 in-class (closed-book and closed-notes) Final exam. It will cover the
full course, though with emphasis on the material covered after the second exam.
Group Projects: There are homework problems assigned weekly. You are strongly urged to form
study-groups to work on these assignments. Some homework will be corrected and concerns
addressed in class. I get to decide (randomly) which group solves the problems. The purpose of
the projects is to learn to apply concepts.
Presentation: Students will present on the history of exchange rates systems.
In-class Participation: Class participation accounts for timely attendance, preparation for class as
evidenced by the quality and quantity of your contributions to class discussion, homework
correction, etc. If you consistently attend class and contribute in positive ways, then you will
receive full credit. Students who actively detract from the classroom environment through
disruptive discussion or behavior will receive no credit.
Special Note: Textbook chapters should be read before the date on which the topic/event will be
covered in class. After reading a given textbook chapter and attending the lecture, you should
begin working the Assignment Problems.
IUGB Grading Scale
Letter Grade Credit
A+
A
AB+
B
ECON 2100 Syllabus
Yes
Yes
Yes
Yes
Yes
Quality
Grading Scale
Points
4.30
4.00
3.70
3.30
3.00
(In Percentage)
97-100
93-96
90-92
87-89
83-86
May 2015
BC+
C
CD
F
K
V
W
WF
I
Yes
Yes
Yes
Yes
Yes
NO
YES
NO
NO
NO
NO
2.70
80-82
2.30
77-79
2.00
73-76
1.70
70-72
1.00
59.5-69
0.00
<59.5
0.00 Credit by Exam Pass/Fail
0.00
Audit
0.00
Withdrawal
0.00
Failing withdrawal
0.00
Check with faculty
VII. Methodology Used
Readings, articles reviews, comparative data analysis, class and on-line discussions, lectures.
VIII. General Policies
Students are expected to follow all published IUGB rules and regulations.
The instructor reserves the right to modify the outline and/or the assignments as deemed necessary to meet certain needs
or situations that will arise during the semester.
Students with Special Needs or Disabilities: Please let the instructor know if you have any special needs and need specific
accommodations.
Attendance Policy
Attendance is recorded for every class. Attendance in lectures is strongly recommended especially since all exams closely
follow the lectures (and because quite a bit of the material covered in the lectures is not to be found in the text). It is your
responsibility to find out what was covered if you do miss a lecture. I will not give private lectures for the missed material
during office hours. As per IUGB rules, missing more than 20% of the classes may result in an F for the course.
Submission of assignments All writing assignments should be turned into class and emailed to instructor by class time.
Only Microsoft Word .doc and .docx formats will be accepted. Late assignments will not be accepted.
Make-up policy For those students who miss an exam to either hospitalization or mandatory participation in a universitysanctioned event, your final exam grade will replace your missed grade on the midterms.
No MAKE-UP EXAMS will be given. If you miss an exam for any reason not mentioned above, you will receive a score
of zero.
Academic Integrity
Students are encouraged to assist each other in mastering the concepts and skills covered in the course. However, an
individual assignment, group project, a quiz or an exam submitted by a student fulfilling the requirements of this course
must be the result of that student’s personal effort, and not copied from another work or performed by anyone else. Any
student who cheats, plagiarizes, or performs any other act of academic dishonesty is guilty of academic misconduct. Any
academic misconduct in this course will be dealt with according to IUGB’s academic misconduct policy and will result in
an automatic “F” for the course.
Classroom conduct
You are expected to be considerate of your fellow students, yourself, and me. This includes:
1.
Follow the no French rule. Absolutely no French in class. No chatting, please refrain from having private
conversations
2.
Arriving in class on time and remaining seated until you are dismissed. I will pass around an attendance sheet or call
your name during the first ten minutes; you must be on time to sign or to answer. Also, if you decide to leave early
and the absence is not excused, your name will be taken off the attendance sheet.
ECON 2100 Syllabus
May 2015
Excused absences are those absences that have been discussed and approved by the instructor prior to the class
meeting. An excuse for an absence can be provided to the instructor by phone or email. The instructor has the right
to require appropriate written documentation to verify the absence. Finally, you are required to read the school policy
about attendance.
Notice: A credit can be withheld on the basis of poor attendance, in excess of 20% or more of the scheduled classes
for the semester.
3.
Turning off cell phones or anything else that makes noise. Inappropriate use of such devices, including text
messaging, may result in a loss of points and/or your surrender of the cell phone or other device for the remainder of
class.
4.
Taking notes. At a minimum, bring a notebook and a writing instrument to class. I prefer that you not use a laptop
during class.
Assistance with course
Instructor is available during office hours and by appointment. Open-Door Policy, The tutoring lab, Library and the
Writing Center are also here to help you.
IX. Course Outline
WEEK
Assignments
TOPIC / Readings
Introduction to economic terms
CHAP 1- Understanding the global economy
Jan.12, 2015
Jan. 19, 2015
Article: IMF Issues Brief- “Globalization: A
brief Overview”
KOF Index of Globalization
CHAP 2- Comparative Advantage- How nations
can gain from international trade
Problems 7 and 8
(Chap 1 online quiz)
Problems 3 and 4
(Chap 2 online quiz)
KOF assignment
CHAP 3- Sources of comparative advantage
Jan. 26, 2015
Article: Does globalization lower wages and
export jobs?
(Chap 3 online quiz)
Problems 1,2 and 5
nd
Feb. 2 , 2015
th
Feb. 9 , 2015
CHAP 4- Regulating international trade- trade
policies and their effects
(Chap 4 online quiz)
Article summary
Review Session
EXAM 1
Problems 1-4
th
Feb. 16 , 2015
Feb. 23th, 2015
nd
Mar. 2 , 2015
CHAP 5- Regionalism and Multilateralism
(Chap 5 online quiz)
CHAP 6- Balance of Payments and foreign
exchange markets
Homework list #1 available on edu.20
CHAP 6- Balance of Payments and foreign
exchange markets
Problems 1-4
(Chap 6 online quiz)
Group presentation
th
Mar. 9 , 2015
th
Mar.16 , 2015
CHAP 7- Exchange rate systems
th
No class on 16 _ Midterm Break
EXAM 2
Article summary
(Chap 9 online quiz due)
rd
Mar. 23 , 2015
ECON 2100 Syllabus
(Chap 7 online quiz)
Article: The IMF and the World Bank: How
do they differ?
May 2015
CHAP 9- Global Money and Banking
CHAP 11- Economic Development
(Chap 11 and 12 online quiz)
th
Mar. 30 , 2015
th
Apr 6 , 2015
th
April 6 _ No class _Easter Monday
CHAP 12- Industrial structure and trade
(Chap 12 online quiz)
th
CHAP 12
Review Session
th
Final Exam
Apr. 13 , 2015
Apr. 20 , 2015
ECON 2100 Syllabus
See University schedule for room location and time
May 2015