Elizabethtown
College


Economics

WTOEC307 INTERNATIONAL ECONOMICS
Sanjay Paul
Spring 2024

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From the Prof's Desk

  • Welcome to International Economics.
  • We meet Tu/Thu 12:30-1:50pm in H211.

Lecture Outlines

Lecture 1: Concepts in trade
Lecture 2: Ricardian Model
Lecture 3: Heckscher-Ohlin Model
Lecture 4: Economies of Scale and Trade
Lecture 5: Consumer Surplus and Producer Surplus
Lecture 6: Trade Policy I
Lecture 7: Trade Policy II
Lecture 8: Economic Integration

Lecture 9: Balance of Payments Accounts
Lecture 10: Current Account
Lecture 11: Foreign-Exchange Market
Lecture 12: Interest Parity Condition
Lecture 13: Money and Exchange Rates
Lecture 14: Purchasing Power Parity
Lecture 15: Monetary Approach
Lecture 16: Keynesian Model of an Open Economy
Lecture 16.1: Fixed Exchange Rates
Lecture 17: Fiscal Policy
Lecture 18: Monetary Policy
Lecture 19: Fixed-vs-Floating Exchange Rates
Lecture 20: Bretton Woods
Lecture 21: After Bretton Woods

Exercise Sets

Exercise Set 1: Ricardo Lives!
Exercise Set 2: Heckscher-Ohlin Model
Exercise Set 3: Tariffs

Exercise Set 4.1: Forward Premium
Exercise Set 5.1: Arbitrage
Exercise Set 5.2: Hedging
Exercise Set 6: Interest Parity Condition
Exercise Set 7: Money and Exchange Rates
Exercise Set 8: Purchasing Power Parity


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