Week 1: May 22 week
Chapter 2: World Trade: An Overview
Chapter 3: Labor Productivity and Comparative Advantage: The Ricardian Model
Chapter 4: Resources, Comparative Advantage and Income Distribution
Chapter 5: Resources and Trade: The Heckscher-Ohlin Model
Week 2: May 29 week
Chapter 7: External Economics of Scale and International Location of Production
Chapter 9: The Instruments of Trade Policy
Thursday, June 1 Exam 1 - Chapters 1, 2, 3, 4, 5, 7, 9
Week 3: June 5 week
Chapter 10: The Political Economy of Trade
Chapter 11: Trade Policy in Developing Countries
Chapter 12: Controversies in Trade Policy
Chapter 13: National Income Accounting and the Balance of Payments
Week 4: June 12 week
Monday, June 12: Exam 2: Chapters 10, 11, 12, 13
Chapter 14: Exchange Rates and the Foreign Exchange Market: An Asset Approach
Chapter 15: Money, Interest Rates, and Exchange Rates - Review of the Money Market
Chapter 16: Price Levels and the Exchange Rate in the Long Run - Purchasing Power Parity
Chapter 17: Output and the Exchange Rate in the Short Run
Week 5: June 19 week
Monday, June 19: Quick Test on the AA-DD Model in preparation of the final exam
Chapter 18: Fixed Exchange Rates and Foreign Exchange Intervention + Chapter 19: The Bretton Woods System
Chapter 21: Optimum Currency Areas and the Euro
Friday, June 23: Exam 3: Chapters 14, 15, 16, 17, 18, 19, and 21.
Final Exam: Exam 4: Chapters 14, 15, 16, 17, 20, 21/22
Friday of the last week of Classes