Jim Whitney | Economics 131 |
Economics 131: The World Economy
Course schedule: IIB: The political economy of trade policy
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Dates: | Mar.1-17 |
Topics: | B. The Political Economy of Trade Policy |
Readings: | Text: 5 (pp.113-117, 123-134) See schedule below for supplementary readings |
Deadlines: | Mar.17: Problem Set 3 due |
IIB1. National welfare issues | |
IIB1a. Market power | |
Day 17: | IIB1a(1). Exercising global market power |
Readings: | Text: 5 (pp.113-117) |
Handouts: | Trade restrictions: the optimal tariff |
Day 18: | IIB1a(2). Acquiring global market share |
Readings: | Flanigan, "Gaining Altitude..." (1999) |
Day 19: | Trade policy exercise |
Handouts: | Trade policy exercise |
Days 20: | IIB1b. Market failure |
Readings: | Text: 5 (123-131) |
Handouts: | Open economy policy options
Trade policy disputes Policymaking geometry: recap Infant industry analysis Ranking policy options |
Day 21: | IIB2. Income distribution issues |
Readings: | Text: 5 (pp.75-78) |
IIB3. Protection and politics | |
Readings: | Text: 5 (pp.131-134) Mussa, "Making the Practical Case for Freer Trade" (1993) |