Document Type



Fall 2016



Course Number

DIPL 6155

Course Description

A main goal of graduate level work in international economics is to provide students with a framework in which to analyze concepts and issues that may have previously been assumed to be obvious or extremely complicated. In pursuing this objective you are likely to discover that many of the ideas and perceptions you have about international economics are incomplete or wrong. During the course we will focus attention on hot button issues in the subject of international trade. We will cover issues like globalization, integration and preferential trade agreements, outsourcing, flows of labor – economic immigrants, asylum seekers, environmental immigrants, power shift towards China, inequality. From the beginning, students will read articles that raise questions about the relevance of historical theories and issues that are very germane to the modern world. Starting with Riccardian models we will follow up with various trade policies such as tariffs, quotas and the manipulation of exchange rates. Throughout the course emphasis will be placed on real world analyses and developments. Frequently, both sides of controversial issues will be explored. The format of the course will emphasize interactive discourse among students and between the students and the instructor. Students are expected to have read the material assigned for each class and to be prepared for a spirited discussion. Students will be expected to be aware of current international economic developments and to be prepared to discuss them at each class. Each class will start with a short student presentation of a current interest topic and class discussion of the issue. As preparation for this part of the course students should read regularly The Economist and a good daily newspaper such as the Financial Times or The Wall Street Journal. Students are requested to register for and look regularly at the Dismal Scientist website for which they should receive a password and registration information with the textbook.