| Jim Whitney | Economics 131 |
Economics 131: The World Economy
Course schedule: IIB: The political economy of trade policy
Items marked with an asterisk (*) may not currently be available online.
| 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) |