PROBLEM SET

Topics: Economics, International trade, Final examination Pages: 4 (843 words) Published: February 25, 2014
Class Meets:
MW, Rawls 1011. 7:30-8:45 am (section 1), 9-10:15 am (section 2). Contacts:
Professor: Chong Xiang
Office: KRAN 405
Hours: Tuesday 3-4 pm & Wednesday 12:30-1:30 pm.
Phone: 494-4499 e-mail: cxiang@purdue.edu
TA: Hyojung Lee
Office: KRAN 515
Office Hours: Tuesday 10:30-11:30 am & Thursday 10:30-11:30 am.
Phone: 494-4496email: lee485@purdue.edu

TA: Kan Yue
Office: KRAN B024A
Office Hours: Monday 12 noon-1 pm &Tuesday 9-10 am.
Phone: 496-1458email: kyue@purdue.edu

Course goal: We provide a broad overview of the microeconomic aspects of the international economy. We emphasize the development of analytical tools. We also show how we can apply these tools to questions with real-world relevance. Prerequisites:

Econ 251, Econ 252 (Principles of Microeconomics, Principles of Macroeconomics) Textbook:
1. Feenstra and Taylor, “International Trade”, 2nd Edition. We follow the textbook very closely in class and cover about 70% of its contents.
2. Yeaple, Study Guide for Feenstra and Taylor’s International Trade, 2nd Edition. We take many practice problems from the Study Guide.

5 copies of the textbook (2nd edition) and 5 copies of the Study Guide (2nd edition) are on reserve at Parrish (the management-and-econ library).

Distribution of homework and other materials:
Katalyst - https://webapps.krannert.purdue.edu/kap/
Course Grades:
Quizzes (best 5 out of 6)30%
Homework Assignments (best 3 of 4) 25%
Extra Credit Questions10%
Midterm (in class)20%
Final Exam 25%

Dates for Quizzes, Homework Assignments, Review Sessions and Exams: These dates are fixed and will not change. See the class calendar.

Course Materials:
This should be regarded as a likely (but not 100%-certain) schedule as some topics may run shorter or longer than planned. If adjustments are necessary I will try to make them far enough in...
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