Fall 2008
Department
of
Economics
University
of Wisconsin-Madison
Maria Muniagurria
Email: munia@ssc.wisc.edu
7424 Social
Science
Phone:
263-3865
Office
Hours: Tu - Th :
2.30 - 3.30
pm
Teaching Assistant:
Swati Dhingra
7316 Social Science
Phone:263-5642
Email: dhingra@wisc.edu
Lecture:
Tu-Th:
5208 Social Science
Discussion Sections: Times
and Room Numbers
Class Material and Important Information
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Here is the course Syllabus
Class Notes from Last Semester
Class
Notes 1 (Posted
February 19 2008)
Class Notes
2 (Posted
February 22 2008)
Class Notes
3
(posted March 14 2008)
Class
Notes 4 (posted April 3 2008)
Class
Notes
5
Class Notes 6 (April 17 class)
Class Notes 7 (posted April 22)
Class Notes 8 (posted May 9)
Exam information:
Date Room
Exam 2
Tu
November 11
Class Handouts on Trade Material
(required
items have a *):
Part 1 of the
Microeconomic Theory Handout*
Part 2 of the
Microeconomic Theory Handout*
Ricardo
Model
example used in class*
Ricardo:
changes
in technology example*
Ricardo: more
comparative statics examples*
Specific
Factors
Handout*
Cobb
Douglas
Production Function example
HOMEWORK PROBLEMS
Exams from previous semesters:
Discussion
Section Notes From
Fall 2000:
Ricardian
Model
Example
Specific
Factors
Example
Additional Material
Introduction (required items have a *):
"The trade Tightrope"* by P. Krugman, The NYTimes
Material on Ricardo
“Ricardian Model: I and
II” and “Mark’s recipe for Ricardo”
In Praise of Cheap
Labor* by
P. Krugman, Slate, March 1997
Immigration
Reading 1 *
Tariffs , Trade
Related to H-O
Lisa Barrow and Cecilia Elena Rouse "Does College Still
Pay?".
(has data on Skilled/unskilled wage gap)
Monopolistic Competition Material
Handout on the "Love of Variety Utility
Function"
Handout on Monopolistic Competition
"Variety,
the spice of life, has measurable value. But it is not easy to
determine,"
by Virginia Postrel
Tariffs , US Trade Policy, WTO
Tariffs in General Equilibrium, small country case : diagram
Understanding
Antidumping and Countervailing Duties (From
Understanding
Safeguards (From
TAA in the news : Wisconsin State Journal October 23 2005
Mountains of Corn , NYTimes, Nov 9 2005
Return to Quotas, NYTimes, Nov 9 2005
The Effects of Liberalizing World Agricultural Trade: A Survey , US Congressional Budget Office, December 2005
Hansen
and
Prusa: "Does Administrative Protection Protect?
WTO
WTO material on Antidumping, CVD and Safeguards
Preferential Trade Agreements
Trade
creation and trade diversion
What Happens when two rich
countries
liberalize? (NYTimes
NAFTA at Ten: Lessons from Recent Studies by J. F. Hornbeck, Congressional Research Service, the Library of Congress, 2004.
CAFTA
(INCAE, Costa Rica)
CAFTA NYTIMES (10-8-07)
International Finance
Intertemporal Consumption Choice Model
US Balance of Payments 2003
Twin deficits (US and EU)
US Net Foreign Wealth
The Global Saving Glut and the U.S. Current Account Deficit , by Ben Bernanke, March 2005
Economic Report of the President 1999, Chapter 6 (read pages 256 - 266 on the trade and current account deficits)
Economic Report of the President (several years, just for reference)
Report to Congress on Internationl Economic and Exchange Rates Policies, November 2005 (only items covered in Lecture are required)
NAFTA
Links to Other International Trade
Material
on the Web
GMO's: UW Conference, April 2005
Census
Bureau : Statistical Abstract of the United States (years 1995 to 2000)
Go to: Section 28:
Foreign
Commerce and Aid (data on US International Transactions)
Go to: Section 30:
Comparative
International Statistics Statistics (compares US with rest of the World
in
many dimensions)
Economic Report of the President (pdf from 1995 forward)
International Economics Gateway
International Trade Commission (ITC)
United States Trade Representative (USTR) :
USTR:
Fact
sheets
National Trade Estimates
World Trade Organization (WTO)
Global
Trade Negotiations Home Page (
Links to other Web Pages
N.
Roubini's
site on Global Macroeconomic and Financial Policy