ECON 271
Fall 2005
| Section:
01
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| Certificates: International Relations |
Is trade beneficial to a country? Why do countries export certain goods and import certain other goods? Why do countries sometimes import and export the same goods? What is the relationship between trade and income distribution? If free trade is good, why do countries keep using protectionist policies? These are some of the questions that we will explore in this course. For that purpose we will rely heavily on the microeconomic analysis of a series of trade models. Starting with the traditional Ricardian, specific factors, and Heckscher-Ohlin models, we then examine what happens when we relax some assumptions, for example by allowing for scale economies or externalities. After making a more or less strong case for free trade we then turn to the question of why countries use protectionist trade policies. After taking this course the student will gain an appreciation of why the free-trade vs. protectionism debate is so very much alive today, as it was 200 years ago. |
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Essential Capabilities:
Quantitative Reasoning, Quantitative Reasoning |
| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture | Grading Mode: Student Option |
| Level: UGRD |
Prerequisites: ECON101 OR ECON110 |
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Fulfills a Requirement for: (ECON) |
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Past Enrollment Probability: Not Available |
| SECTION 01 |
Major Readings: Wesleyan RJ Julia Bookstore
TBA
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Examinations and Assignments:
TBA |
Additional Requirements and/or Comments:
Students who complete ECON 271 cannot receive credit towards the ECON or MECO major for ECON 371, or vice versa depending on your needs for major credit. |
| Instructor(s): RodrÃguez,Francisco Rafael Times: ..T.R.. 09:00AM-10:20AM; Location: PAC107; |
| Total Enrollment Limit: 35 | | SR major: 6 | JR major: 9 | | |
| Seats Available: 17 | GRAD: 0 | SR non-major: 1 | JR non-major: 2 | SO: 17 | FR: 0 |
| Drop/Add Enrollment Requests | | | | | |
| Total Submitted Requests: 0 | 1st Ranked: 0 | 2nd Ranked: 0 | 3rd Ranked: 0 | 4th Ranked: 0 | Unranked: 0 |
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