Topic Name Description
Course Introduction Page Course Syllabus
Page Course Terms of Use
1.1: Introduction URL Krugman and Obstfeld's "International Economics: Chapter 1"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 1: Introductory Trade Issues: History, Institutions, and Legal Framework"

Read sections 1.1 through 1.3.

1.2: World Trade: An Overview URL Krugman and Obstfeld's "International Economics: Chapter 2"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 1: Introductory Trade Issues: History, Institutions, and Legal Framework"

Read section 1.4 through 1.7.

Page Nikolai Pankratz's "Foreign Trading Tips and Advice: Overview of World Trade"

Watch this video.

1.3: Labor Productivity and Comparative Advantage: The Ricardian Model URL Krugman and Obstfeld's "International Economics: Chapter 3"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 2: The Ricardian Theory of Comparative Advantage"

Read this chapter.

Page Jodie Beggs' "Comparative Advantage and Gains from Trade"

Watch these lectures.

1.4: Resources, Comparative Advantage, and Income Distribution URL Krugman and Obstfeld's "International Economics: Chapter 4"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 5: The Heckscher-Ohlin (Factor Proportions) Model"

Read this chapter.

Page Raul Ballester's "Heckscher-Ohlin Theory of Trade"

Watch this video.

1.5: The Standard Trade Model URL Krugman and Obstfeld's "International Economics: Chapter 5"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 3: The Pure Exchange Model of Trade"

Read this chapter.

Page Raul Ballester's "Growth and Trade"

Watch these videos.

1.6: Economies of Scale, Imperfect Competition, and International Trade URL Krugman and Obstfeld's "International Economics: Theory and Policy: Chapter 6"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 6: Economies of Scale and International Trade"

Read this chapter.

Page Richard Gosselin's "Economies of Scale"

Watch this video.

1.7: International Factor Movements URL Krugman and Obstfeld's "International Economics: Chapter 7"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 4: Factor Mobility and Income Redistribution”

Read this chapter.

Page Claudia Jonczyk's "International Mobility among Professionals"

Watch this video.

Page Ngozi Okonjo-Iweala's "Aid Versus Trade"

Watch this lecture on how aid has benefited other nations and how it can particularly benefit Africa.

2.1: The Instruments of Trade Policy URL Krugman and Obstfeld's "International Economics: Chapter 8"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 7: Trade Policy Effects with Perfectly Competitive Markets”

Read this chapter.

Page Raul Ballester's "Import Tariffs"

Watch these videos.

2.2: The Political Economy of Trade Policy URL Krugman and Obstfeld's "International Economics: "Chapter 9"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 10: Political Economy and International Trade”

Read this chapter.

URL Reason.tv: "Principles for Determining Trade Policy”

Watch this video.

2.3: Trade Policy in Developing Countries URL Krugman and Obstfeld's "International Economics: Chapter 10"

Read these slides and take notes.

URL Sarath Rajapatirana's "Trade Policies of Developing Countries"

Read this article.

URL Foreign Policy in Focus: Aileen Kwa's "WTO and Developing Countrie

Read this brief summary of the World Trade Organization's effect on developing countries.

2.4: Controversies in Trade Policy URL Krugman and Obstfeld's "International Economics: Chapter 11"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 11: Evaluating the Controversy between Free Trade and Protectionism”

Read this chapter.

Page Cato Institute: "The Center for Trade Policy Studies"

Watch this video.

3.1: National Income Accounting and the Balance of Payments URL Krugman and Obstfeld's "International Economics: Chapter 12"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 13: National Income and the Balance of Payments Accounts"

Read this chapter.

Page Sam DiGiammarino's "National Income Accounting and the Circular Flow of Money in the Macroeconomy"

Watch this video.

3.2: Exchange Rates and the Foreign Exchange Market: An Asset Approach URL Krugman and Obstfeld's "International Economics: Chapter 13"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 15: Foreign Exchange Markets and Rates of Return"

Read this chapter.

URL Metacafe: "Understanding the Foreign Exchange Market"

Watch this video.

3.3: Money, Interest Rates, and Exchange Rates URL Krugman and Obstfeld's "International Economics: Chapter 14"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 16: Interest Rate Parity"

Read this chapter.

Page Chandra S. Bhatnagar's "Interest Rate Parity"

Watch this video.

3.4: Price Levels and the Exchange Rate in the Long Run URL Krugman and Obstfeld's "International Economics: Chapter 15"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 17: Purchasing Power Parity"

Read this chapter.

Page MBACalculator: "Purchasing Power Parity"

Watch this video.

3.5: Output and the Exchange Rate in the Short Run URL Krugman and Obstfeld's "International Economics: Chapter 16"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 19: National Output Determination"

Read this chapter.

3.6: Fixed Exchange Rates and Foreign Exchange Rates URL Krugman and Obstfeld's "International Economics: Chapter 17"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 22: Fixed Exchange Rates"

Read this chapter.

4.1: The International Monetary System, 1870-1973 URL Krugman and Obstfeld's "International Economics: Chapter 18"

Read these slides and take notes.

URL Wikipedia: "International Monetary Systems"

Read this article.

Page Mises Institute: Joseph T. Salerno's "Gold and the International Monetary System"

Watch this video.

4.2: Macroeconomic Policy and Coordination under Floating Exchange Rates URL Krugman and Obstfeld's "International Economics: Chapter 19"

Read these slides and take notes.

URL International Economics: Theory and Policy: "Chapter 21: Policy Effects with Floating Exchange Rates"

Read this chapter.

URL International Economics: Theory and Policy: "Chapter 24: Fixed versus Floating Exchange Rates"

Read this chapter.

4.3: Optimum Currency Areas and the European Experience URL Krugman and Obstfeld's "International Economics: Chapter 20"

Read these slides and take notes.

URL Stanford University: Ronald I. McKinnon's "Optimum Currency Areas and the European Experience"

Read this paper.

Page Stephen Kinsella's "Optimal Currency Area Theory"

Watch this video.

4.4: The Global Capital Market: Performance and Policy Problems URL Krugman and Obstfeld's "International Economics: Chapter 21"

Read these slides and take notes.

URL Lowell Bryan et. al.'s "The Global Capital Market: Supply, Demand, Pricing, and Allocation"

Read this report.

Page Journeyman Pictures: "Global Capital Market: Risks and Rewards"

Watch this video.

4.5: Developing Countries: Growth, Crisis, and Reform URL Krugman and Obstfeld's "International Economics: Chapter 22"

Read these slides and take notes.

URL Anup Shah's "The Financial Crisis and the Developing World"

Read this article.

Page Peterson Institute for International Economics: Justin Lin's "Global Financial Crisis: Implications for Developing Countries"

Watch this video.

Course Feedback Survey URL Course Feedback Survey