Topic Name Description
Course Introduction Page Course Syllabus
1.1: Introduction URL Introduction to International Economics

Read these slides and take notes.

URL Introductory Trade Issues: History, Institutions, and Legal Framework

Read sections 1.1 through 1.3.

1.2: World Trade: An Overview URL World Trade: An Overview

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URL The History of World Trade

Read section 1.4 through 1.7.

1.3: Labor Productivity and Comparative Advantage: The Ricardian Model URL Labor Productivity and Comparative Advantage: The Ricardian Model

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URL The Ricardian Theory of Comparative Advantage

Read this chapter.

Page Comparative Advantage and Gains from Trade

Watch these lectures.

1.4: Resources, Comparative Advantage, and Income Distribution URL Resources, Comparative Advantage, and Income Distribution

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URL The Heckscher-Ohlin (Factor Proportions) Model

Read this chapter.

Page Heckscher-Ohlin Theory of Trade

Watch this video.

1.5: The Standard Trade Model URL The Standard Trade Model

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URL The Pure Exchange Model of Trade

Read this chapter.

Page Growth and Trade

Watch these videos.

1.6: Economies of Scale, Imperfect Competition, and International Trade URL Economies of Scale, Imperfect Competition, and International Trade

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URL Economies of Scale and International Trade

Read this chapter.

Page Economies of Scale

Watch this video.

1.7: International Factor Movements URL International Factor Movements

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URL Factor Mobility and Income Redistribution

Read this chapter.

Page International Mobility among Professionals

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Page 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 The Instruments of Trade Policy

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URL Trade Policy Effects with Perfectly Competitive Markets

Read this chapter.

Page Import Tariffs

Watch these videos.

2.2: The Political Economy of Trade Policy URL Political Economy and International Trade

Read this chapter.

URL Principles for Determining Trade Policy

Watch this video.

2.3: Trade Policy in Developing Countries URL Trade Policy in Developing Countries

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URL Trade Policies of Developing Countries

Read this article.

URL The WTO and Developing Countries

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

2.4: Controversies in Trade Policy URL Evaluating the Controversy between Free Trade and Protectionism

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3.1: National Income Accounting and the Balance of Payments URL National Income Accounting and the Balance of Payments

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URL National Income and the Balance of Payments Accounts

Read this chapter.

Page National Income Accounting and the Circular Flow of Money in the Macroeconomy

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3.2: Exchange Rates and the Foreign Exchange Market: An Asset Approach URL Exchange Rates and the Foreign Exchange Market: An Asset Approach

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URL 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 Money, Interest Rates, and Exchange Rates

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URL Interest Rate Parity

Read this chapter.

Page More on Interest Rate Parity

Watch this video.

3.4: Price Levels and the Exchange Rate in the Long Run URL Price Levels and the Exchange Rate in the Long Run

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URL Purchasing Power Parity

Read this chapter.

Page More on Purchasing Power Parity

Watch this video.

3.5: Output and the Exchange Rate in the Short Run URL Output and the Exchange Rate in the Short Run

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URL National Output Determination

Read this chapter.

3.6: Fixed Exchange Rates and Foreign Exchange Rates URL Fixed Exchange Rates and Foreign Exchange Rates

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URL Fixed Exchange Rates

Read this chapter.

4.1: The International Monetary System, 1870–1973 URL The International Monetary System, 1870–1973

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URL International Monetary Systems

Read this article.

4.2: Macroeconomic Policy and Coordination under Floating Exchange Rates URL Macroeconomic Policy and Coordination under Floating Exchange Rates

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URL Policy Effects with Floating Exchange Rates

Read this chapter.

URL Fixed versus Floating Exchange Rates

Read this chapter.

4.3: Optimum Currency Areas and the European Experience URL Optimum Currency Areas and the European Experience

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URL Optimum Currency Areas and the European Experience

Read this paper.

Page Optimal Currency Area Theory

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4.4: The Global Capital Market: Performance and Policy Problems URL The Global Capital Market: Performance and Policy Problems

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4.5: Developing Countries: Growth, Crisis, and Reform URL Developing Countries: Growth, Crisis, and Reform

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URL The Global Financial Crisis

Read this article.

Page Global Financial Crisis: Implications for Developing Countries

Watch this video.

Course Feedback Survey URL Course Feedback Survey