| 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) |