Syllabus	Today is:

Course Objective

The purpose of this course is to help students understand the basics of international trade and finance and the effects of various international economic policies on domestic and world welfare. The course will highlight sources of comparative advantage, gains and losses from trade, the impact of trade on economic growth, and effects of trade policy interventions such as tariffs, quotas, voluntary export restraints, and export subsidies. International agreements on regional trade liberalization (such as EU and NAFTA) and on multilateral trade liberalization (e.g., WTO) will be also discussed. Topics on international finance will include balance of payments, determination of foreign exchange rates, and international monetary system. Prerequisite: principles of economics or permission of department.

Textbooks

Required Textbook:

Robert J. Carbaugh, International Economics, 11th Edition. Cincinnati: ITP, 2007. (ISBN: 0-324-42194X)

You can obtain this textbook in various ways:
(1) from online booksellers such as bn.com or amazon.com (2) Shippensburg University Bookstore, (717) 477-1600.

The textbook companion Web site located at carbaugh.swcollege.com include many useful resources that you may use, including Internet Applications, Econ Data, and Econ News Online.

Other References:

• Steven Husted and Michael Melvin, International Economics, Fifth Edition. Addison Wesley Longman, 2000.
• Dennis R. Appleyard and Alfred J. Field, Jr., International Economics, Second Edition. Richard D. Irwin, Inc., 1995.
• Beth V. Yarbrough and Robert M. Yarbrough, The World Economy: Trade and Finance, Third Editon. The Dryden Press, 1994.

• The Wall Street Journal or Wall Street Journal Interactive Edition (An excellent source of current perspectives)
• The Economist
• Business Week
• New York Times

Grades will be based on 3 mini-projects, 5 homework/quizzes, participation in discussion forum, and a mid-term exam:

Grading Unit	Weight
Projects	40%
Participation in Discussion Forum	20%
HW/Quizzes	20%
Mid-Term Exam	20%

Students are required to take exams and quizzes on the scheduled time. No makeup exams will be given.

Instructor and Office Hours

Instructor: Dr. Daniel Y. Lee, Professor of Economics, Shippensburg University. Office: Grove Hall 325; Phone: (717) 477-1556; Fax (717) 477-4015; e-mail: econship321@yahoo.com Office Hours: e-mail me anytime (I will try to respond within 24 hours)

E-mail your comments to: Dr. Daniel Y. Lee; (c) 2000. Daniel Y. Lee. All rights reserved.