Instructors: Sergi Basco and Ricardo González

Office Hours: To be scheduled by the instructors.

Time and Classroom:  Tuesday's and Friday's from 12 to 2pm in Room 1101.

HANDBOOK

Krugman, P., M. Obstfeld and M.Melitz, 2015, International Economics, 10th edition, Pearson Education.

GRADING  (CONTINUOUS EVALUATION)

Midterm Evalutation (Test I):  40 %

End-of-course Evalutation (Test II): 40 %

Problem sets and class participation: 20%

IMPORTANT: A grade of 3 in both Test I and Test II is required to pass the course.

IMPORTANT (ii):  To opt for the UNIQUE EVALUATION, you need to formally request it before the end of the second week of lectures.

PART I: INTERNATIONAL TRADE

1.-     Introduction 

                LECT (19 Sept.): Introduction to International Economics 

                LECT (22 Sept.): World View of Trade

2.-     Ricardian Trade 

LECT (26 Sept.): Ricardo: Introduction

 LECT (29 Sept.): Problem Set World View

                LECT (3 Oct.): Ricardo: Trade  

 LECT (6 Oct.): Problem Set Ricardo (Question 1)

3.-     Specific Factors 

                LECT (10 Oct.): Specific Factors: Introduction 

                LECT (17 Oct.):  Specific Factors: Trade, Income Distribution and Labor Mobility

                LECT (20 Oct.): Problem Set Ricardo (Questions 2 & 3) 

4.- Hecksher-Ohlin           

 LECT (24 Oct.): H-O Autarky

 LECT (27 Oct.)  Problem Set Specific Factors

 LECT (31 Oct.): Trade in H-O

    LECT (3 Nov.): Problem Set H-O     

5.-     Midterm 

                LECT (7 Nov.): Test I

                LECT (10 Nov.): Correction of Test I           

PART II: INTERNATIONAL MACROECONOMICS

6.-     Introduction to International Macro 

                LECT (14 Nov.):  Current Account

                LECT (17 Nov.): Problem Set Global Imbalances

 7.-     Exchange Rate and Foreign Exchange Market

                LECT (21 Nov.): Exchange Rate     

                LECT (24 Nov.): Problem Set Exchange Rate

8- Money, Interest Rates and Exchange Rate

 LECT (28 Nov.): Money, Interest Rates and Exchange Rate     

                LECT (1 Dec.): Problem Set Money

9- Output and Exchange Rate in the Short Run

                LECT (5 Nov.): Deriving the AA-DD curves 

 LECT (12 Dec.): Problem Set Short Output Run

10-     Globalization, Financial Crises and Housing Bubbles

               LECT (15 Dec.):  Liquidity Trap 

 LECT (19 Dec.): Financial Crises - Empirical Evidence 

11-     Final Exam

    LECT (22 Dec.): Test II

UNIQUE AVALUATION EXAM: 

Date: TBA

Time: TBA

Room: TBA

RE-AVALUATION: 

Date: TBA

Time: TBA

Room: TBA