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Welcome to the class!        Both the homework and the exam are put off one class period because of the snow.   

Second Practice Exam 2009 

You should be reading:  Barro and Sachs  Irwin Chapter 7 Nicholas Kristoff, New York Times, July 5, 2002 

  fedart2.jpg (140246 bytes) (click to see larger image) fedart1.jpg (106698 bytes) 

Syllabus: 2009  

2008 Exams: First Second  Final 

2009 Homework: 

    First: hw1f2009.doc

    Second: Data:  barro.wf1 Instructions: Barro’s growth model

        Sach's Data:  (just for fun) sachs.wf1

Lectures and Assigned Readings:  
The companion text is Irwin's "Free Trade Under Fire"

  1. Supply and Demand Analysis of Gains from Trade
  2. The Ricardian Theory of Trade   
    Ricardo-Excel
    Bastiat
     
    Chapter 2 of Irwin's book.  
  3.  Trade and Income Distribution   
     Krugman-In Praise of Cheap Labor
     Paul Collier: Resource Curse (Handout) 
     Chapter 4 of Irwin's book
     
  4.  Standard 2x2 Model
    WAGES FALLING, PROTECTIONISM RISING 
    Thomas Piketty 
    krugman-trade-wages 
    For Richer 
  5. Increasing Returns and Imperfect Competition   
    Easterly - Tales of Increasing Returns (Handout) 
    Child Labor
  6.  Discrimination and Dumping  
    Chapter 5 of Irwin's book 
    Stiglitz “Patents, Profits and People” Chapter 4 of Making Globalization Work (Handout)
  7. Monopolies of necessities  
    Dieing of Monopoly 
    California Energy Crisis
  8.   Monopoly  
    Exercises on basic monopoly theory
     
  9.   Basic Analysis of a Tariff (pdf)  Basic Analysis of a Tariff (Word Version)  
    THE ETHANOL BUBBLE 
    Chapter 3 of Irwin's book 
    Chapter 7 of Irwin's book

    Who's Trade Organization?
  10.  Strategic Behavior of Firms  

  11.  Development, Growth and Trade 
    Rodrik trading in illusions   
    Blinder-Offshoring 
    Dual Track Reforms in China 
  12.  Capital markets 
     Stiglitz
  13.   Pollution and the environment  
    The European roots of Somali piracy 
    Market Based Options

Cool websites

Organizations:   GNTR    FITA   USITC  USTR IIE Citizen  wto

Professors: Krugman Rodrik Bhagwati Davis  DeLong