Jim Whitney | Economics 311 |
Economics 311: International Economics
Course schedule: IIB: The political economy of trade policy
Items marked with an asterisk (*) may not currently be available online.
Dates: | Mar.1-22 |
Topics: | B. The Political Economy of Trade Policy |
Readings: | Text: 7 (pp.127-130); 10 (pp.182-185); 13 (pp.263-271);
9; 12; 5 (p.81); 14 (pp.276-281)
See schedule below for supplementary readings |
Deadlines: | Mar.17: Problem Set 3 due
QWizPlus units IIA, IIB1 due |
IIB1. National welfare issues | |
IIB1a. Market power | |
Day 17: | IIB1a(1). Exercising global market power |
Readings: | Text: 7 (pp.127-130) |
Handouts: | Trade restrictions: the optimal tariff |
Day 18: | IIB1a(2). Acquiring global market share |
Readings: | Text: 10 (pp.182-185); 13 (pp.263-271)
Flanigan, "Gaining Altitude..." (1999) |
Day 19: | Trade policy exercise |
Handouts: | Trade policy exercise |
Days 20: | Workshop: Supply and demand analysis of policymaking in a global economy |
Handouts: | Pre-lab exercises |
Day 21: | IIB1b. Market failure |
Readings: | Text: 9; 12
Krugman, "Strategic Sectors and International Competition" (1988) |
Handouts: | Trade policy disputes
Open economy policy options Policymaking geometry: recap Infant industry analysis Ranking policy options |
Day 22: | IIB2. Income distribution issues |
Readings: | Text: 5 (p.81) |
IIB3. Protection and politics | |
Readings: | Text: 14 (pp.276-281)
Mussa, "Making the Practical Case for Freer Trade" (1993) |