Course Syllabus

2014 YONSEI INTERNATIONAL SUMMER SCHOOL

International Economics
CREDIT

OFFICE
TIME

INSTRUCTOR

Daniel Riera-Crichton

OFFICE HOURS
TBA

CLASSROOM LOCATION

TBA

E-MAIL

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[COURSE INFORMATION]
International Economics will introduce you to recent trends and patterns in
international trade and finance. The course examines important issues in
international economics such as trade and growth, tariffs and trade restrictions,
COURSE DESCRIPTION
& GOALS

economic integration, and international economic cooperation and policy

The goal of this course is to help the students understand how economies are
linked in the global market. Students at the end of this course should have a
clear understanding of what is behind the growth in international trade and how
international prices are determined.

PREREQUISITE
COURSE REQUIREMENTS

GRADING POLICY

Overall assessment will be based on the problem sets (20%), midterm exam
(30%), final exam (50%). There are no late exams or makeup exams.
Problem sets will be due at the start of lecture on the assigned day;
no late assignments will be accepted.
The textbook is International Economics: Theory and Policy by Krugman and

TEXTS & REFERENCES

Obsfeld . Course materials will also be available through the course website.
Information about the course, including answers to problem sets and exams as
well as other information, can also be found at this site.

INSTRUCTORS PROFILE

Daniel Riera-Crichton, Assistant Professor of Economics Bates College.

Phd UC Santa Cruz 2007

Course Syllabus
2014 YONSEI INTERNATIONAL SUMMER SCHOOL

[WEEKLY SCHEDULE]
* Your detailed explanation would be very helpful for prospective students to get a pre-approval for credit-transfer from
their home university in advance.
COURSE MATERIAL &
WEEK (PERIOD)
WEEKLY TOPIC & CONTENTS
REFERENCE
ASSIGNMENTS

Organization and introduction

Trade Theory I: The Ricardian Model

Trade Theory I: The Ricardian Model

Trade Theory II: The Hecksher-Olin Model

Trade Theory II: The Hecksher-Olin Model

Lecture Notes
Chs. 1, 2

Ch. 3, 4
P. S. 1 due

Trade Theory III: The Standard Model of Trade

Ch. 5

Trade Policy: Instruments and Political

Chs. 8, 9

Economy

Trade Policy: Controversies

The Balance of Payments

Exchange Rate Determination

Ch.11
Chs 12 - 13
P. S. 2 due

Ch. 13, 15

Exchange Rate Determination

Ch 18

The International Monetary System

Lecture Notes
P. S. 3 due

International Macroeconomic Policy

Final Review

Ch.19