EC 340 International Economics -
A Policy Approach

Kirsten Wandschneider

Assistant Professor of Economics and IPE

Download the syllabus in PDF format: SYLLABUS


2/13: no readings!

2/15: Mordechai Kreinin: International Economics, Chapter 2

Douglas Irwin: "The U.S. in a New Global Economy" in Free Trade under Fire (distributed in class)

2/20: Mordechai Kreinin: International Economics, Chapter 3

"Trade's Bounty" The Economist, 2004 (available online)

2/22: Mordechai Kreinin: International Economics, Chapter 4

Edward Gresser: "Toughest on the Poor: America's Flawed Tariff System" (in King/King)

2/27: Mordechai Kreinin: International Economics, Chapter 5, pp. 98-118

Robert Feenstra: "How Costly is Protectionism?" (in King/King)

3/1: Mordechai Kreinin: International Economics, Chapter 5, pp.118-120

Paul Krugman: "Is Free Trade Passé?" Journal of Economic Perspectives, 1987 (available online, J-stor)

3/6: Mordechai Kreinin: International Economics, Chapter 9, pp.173-177

Jagdish Bhagwati: "Borders Beyond Control" (in King/King)

Drusilla Brown: "Labor Standards: Where Do They Belong on the International Trade Agenda" (in King/King)

3/8: Mordechai Kreinin: International Economics, Chapter 7

Joanna Moss: "Economic Developments during NAFTA's First Decade" (in King/King)

Anne McGuirk: "The Doha Development Agenda" (in King/King)

3/13: Mordechai Kreinin: International Economics, Chapter 8

Fred Bergsten: "Rescuing the Doha Round," Foreign Affairs, 2005 (available online)

Dani Rodrick: "The Global Governance of Trade as if Development Really Mattered" (in King/King)

3/15: Midterm Exam in Class

3/20 & 3/22: Spring Break

3/27: CAFTA, a Strategy for the Future? Case Study on CAFTA. Check out these two papers: Elliott: Labor Standards and the Free Trade Area of the Americas and Elliott: Labor Standards, Development and CAFTA

3/29: Gary Clyde Hufbauer, Jeffrey Schott, and Barbara Oegg: "Using Sanctions to Fight Terrorism" (in King/King)

George Lopez and David Cortright: "Containing Iraq: Sanctions Worked" Foreign Affairs, 2004 (available online)

Stanley Engerman and Lance Davis: "Sanctions: Neither War nor Peace" Journal of Economic Perspectives, 2003 (available online, J-stor)

4/3: Mordechai Kreinin: International Economics, Chapter 11

Sam Cross: "The Structure of Foreign Exchange Markets" (in King/King)

Gregory P. Hopper: "What Determines the Exchange Rate: Market Factors or Market Sentiment?" (in King/King)

4/5: Mordechai Kreinin: International Economics, Chapter 12

4/10: Mordechai Kreinin: International Economics, Chapter 10

Cletus Coughlin and Patricia Pollard: "What Drives Large Current Account Deficits?" (in King/King)

William Poole: "Does the US have a Current Account Deficit Disorder?" (in King/King)

4/12: Mordechai Kreinin: International Economics, Chapter 13

Eamonn Fingleton: "The Other Deficit" Atlantic Monthly, 2002 (available online)

4/17: Mordechai Kreinin: International Economics, Chapter 16

Atish Ghosh, Jonathan Ostry, Anne-Marie Gulde, and Holger Wolf: "Does the Exchange Rate Regime Matter for Inflation and Growth" (in King/King)

Peter Kenen: "Fixed versus Floating Exchange Rates" (in King/King)

4/19: A. Kenwood and A. Lougheed: The Growth of the International Economy, Chapter 7 (distributed in class)

Richard Cooper: "The Gold Standard, Historical Facts and Future Prospects" Brookings Papers on Economic Activity, 1982 (available online, J-stor)

4/24: Barry Eichengreen: Globalizing Capital, Chapter 4 (distributed in class)

4/26: Introduction to Financial Crises Mordechai Kreinin: International Economics, Chapter 17, pp. 343-349 Screening: PBS Frontline "The Crash" in class.

5/1: Abbigail Chiodo and Michael Owyang: "A Case Study of Currency Crisis: The Russian Default of 1998" (in King/King)

Ramon Moreno: "Learning from Argentina's Crisis" (in King/King)

5/3: Ramon Moreno: "Capital Controls and Emerging Markets" (in King/King)

Richard Cooper: "Chapter 11 for Countries" (in King/King)

Jeffrey Sachs: "International Lender of Last Resort: What are the Alternatives" (in King/King)

5/8: Jeffrey Sachs: "What is Good for the Poor is Good for America" The Economist, 2001 (available online)

"A Choosier Approach to Aid" The Economist, 2005 (available online)

Lael Brainard and Allison Driscoll: "Making the Millennium Challenge Account Work for Africa" Brookings Policy Brief, 2003 (available online)

5/10: Open Discussion & Review

FINAL EXAM: May 22, 9am-noon

FINAL EXAM: December 17th, 7-10pm!