International Economics, ECO 486, Spring 2008 Tentative Calendar
Check the web for updates; revisions will also be announced in class.   ROOM 334.
Assignments and readings are due at the start of class on the dates shown below. You may also email your answers or drop them in the mail slot outside room 229.

Problem sets are usually10 points each. Each problem or partial problem listed is worth two points, except those listed in bold; those are worth four points.

WEEK

TUESDAY,  12:45 - 2:00 P.M.

THURSDAY,  12:45 - 2:00 P.M.

1 

15-Jan Visit the web site for text. Download the PowerPoint slides to answer homework questions:
Chapter 1, 7th edition, from the publisher
Chapter 1, Eastwood's notes

17-Jan      Read Preface, Chapter 1, and Chapter 2: Labor Productivity and Comparative Advantage
Chapter 1 exercises 1,2,5,6 & 9 due (Follow the link to the questions and, on Friday, the solutions.  Relative Price worksheet in class

2 

22-Jan Visit the text web site, read an article, and answer these questions. Email your answers (as text) to john.eastwood@nau.edu

24-Jan  Chapter 2 exercises 1, 2, 3, 5 & 10 due(Follow the link to the questions)

3 

29-Jan  Chapter 2 exercises 4, 6, 7, 8, 9 & 11 due (Follow the link to the question, hints,  and, on Tuesday, the solutions.) In-class worksheet.

Read  Chapter 3 (Skip Appendix 3.2 unless you're an econ major.)

31-Jan Homework:  Complete this worksheet (also distributed in class. Second Comparative Advantage Exercise

Read "Misconceptions about Comparative Advantage"

4 

5-Feb Chapter 3 exercises 1, 4-7 due (Follow the link for the questions, and some answers)

7-Feb Chapter 3 exercises 8, 9, 10, 12 & 13due

Help session @ 7:45-9:00 PM room 232. Bring your completed comparative advantage worksheets

5 

12-Feb Exam I, Chapters 1-3
See the link to the Study Guide.

14-Feb  Read Chapter 4 -- Appendix 4.1 optional, but 4.2 is important!
Proposed paper topic due.  Read the Requirements on the web

6 

19-Feb  Read "Trade and Income Distribution: The Debate and New Evidence"

Chapter 4 exercises 1-5 due.

21-Feb HO Worksheet    Solution

Chapter 4 exercises 6-10 due.

7 

26-Feb Read Chapter 5

29-Feb Chapter 5 exercises 1-8 due
Quiz over Chapter 5

8 

4-Mar  Read Chapter 6  (Appendix 6.1 optional).
Quiz

6-Mar Chapter 6 exercises 1, 3, 5, 6 (see link for necessary formula), and 7 due
Quiz over Chapter 6 during class.

9 

11-Mar  Chapter 6 exercises 8, 11, 12, 13 and 15 due
Help session @ 7:45-8:45 PM room 345. Please try to answer the questions from the study guide beforehand.

13-Mar Exam II  Chapters 3-6
Practice on these old exam questions:
Study Guide this is still in draft form, but you could begin on the questions already there.

10 

25-Mar Read Chapter 7
Quiz over the reading.

27-Mar  Chapter 7 exercises 3, 7, 8, 10, 11, and 12  due

11 

1-Apr  Chapter 7 exercises 1, 2, 5, 6, and 9 due
Complete this worksheet which was distributed in class on Thursday, 27-Mar:
Tariffs, Quotas & Production Subsidies
Strategic Trade Policy: Boeing v Airbus worksheet; Quiz

3-Apr  Read Chapter 8

We'll also have our quiz over the 1-Apr worksheets plus strategic trade policy. 

12 

8-Apr  Quiz over the reading (chapter 8).
Chapter 8 exercises 1-5

10-Apr  Chapter 8 exercises 6-10 due.
Help session: Thursday, 7:45-8:45PM, room 232
Worksheet on export tariffs

13  

15-Apr   Exam III -- Chapter 6-8
See the link to the Practice Exam on the web.

17-Apr  Read Chapter 9 . Worksheet concerning the welfare effects of customs unions.

Term Paper Due no later than midnight, Friday 18-April. Submit it using Vista & Turn-it-in.(You should also email me a copy -- as a precaution.)
This should be your final paper.

14 

22-Apr  Read Chapter 10 (pp. 280-mid 286 optional)
Quiz over the welfare effects of customs unions.

Chapter 9 exercises 1-8 due

24-Apr   Quiz over the reading from chapter 10. Chapter 10 exercises 1-5, 7, 8 & 9 due. Exercise #6 is optional (but worth 6 extra-credit homework points)
Specific Factors Model Worksheet

15 
End of term Week

29-Apr  Read "Does Cutting Trade Barriers Cause More Rapid Economic Growth?" from International Economic Review, Nov/Dec 1997, pp. 7-12.
Access the article from the book's web site, under readings for chapter 10. Answer the two questions as an optional, makeup homework assignment (10 points). Print out your answers (or write them down) and bring them to class.

1-May  You may complete the Internet Application for chapter 5 as a makeup homework.  Use this  link
Questions on "Dropped Stitches" Optional makeup homework.(Last day for makeup homework)

Finals Week

The final exam is comprehensive. Study Guide for our Final Exam for Spring 2008 now available here.
Review Sessions: Thursday, 7:45 PM, room 334.  Bring your answers the study guide questions (see your email -- I'll also bring copies to class on 1-May and our review session).
ECO 486-01 Final: Tuesday, 6-May, 12:30-2:30 P.M., room 334.