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: "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 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 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 Justin Lin's "Global Financial Crisis: Implications for Developing Countries"

Watch this video.

Course Feedback Survey URL Course Feedback Survey