INT 302 International Economics

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This course covers international economics and trade. ... Apply economic theories to current global events; Assess the various measures that are used to solve ...


Division of Arts & Sciences INT 302: INTERNATIONAL ECONOMICS

5 Credits Effective: Fall 2010/2011


Faculty Name: FACULTY NAME

Contact Information: CONTACT INFORMATION


Course Description

This course covers international economics and trade. Topics addressed include theories of trade, foreign exchange markets, balance of payments, tariffs and quotas, trade restrictions, trade balance, and the international debt crisis. Students will focus on how to apply theoretical concepts to real world trade situations.

Course Resources

Required and recommended resources to complete coursework and assignments are listed on the My.CityU portal at Library>Resources by Course.

CityU Learning Goals

This course supports the following City University learning goals:

• Professional competency and professional identity • Diverse and global perspectives

Course Outcomes

In this course, learners: • Apply economic theories to current global events • Assess the various measures that are used to solve the debt problem • Analyze the impact of global economic issues on a region’s economic development • Evaluate how international trade is influenced by various exchange rate regimes • Examine how exchange rates are affected by fluctuations in economic growth, inflation, interest rates, and expectations • Analyze the effects of economic integration on trade • Examine how international trade affects the quantity and price of goods and services based on the demand & supply model

Core Concepts, Knowledge, and Skills

• Balance of payments • Comparative and absolute advantage • Countertrade • Differentiation • Economic growth and international trade • Economic integration • Economic systems • Exchange rates and their determination • Exporting • Foreign direct investment • International alliances • International monetary arrangements • Market structures • National Income accounting • Nontariff barriers • Protectionism vs. free trade • Regional integration • Resource markets • Tariffs • Trade policy • Trade theory

Overview of Course Grading

The grades earned for the course will be derived using City University of Seattle’s decimal grading system, based on the following:

|Overview of Required |% of Final | |Assignments |Grade | |Country Assignment |15% | |Instructor Determined |10% | |Assignments | | |Analysis Paper |20% | |Analysis Presentation (in |10% | |class) | | |Analysis Presentation |10% | |(online) | | |Current Economic Issues |10% | |Presentation (in class) | | |Current Economic Issues |10% | |Report (online) | | |Examinations |35% | |TOTAL |100% |

Specifics of Course Assignments

The instructor will provide grading rubrics that will provide more detail as to how this assignment will be graded.

Country Assignment

You will write a team paper analyzing the trade of a country of your choice. You will find and use international trade data of that country to define its major export and import products, analyze its resource markets, define its comparative advantage sectors, name its major trading partners, and explain the connection between the trade pattern of the country and major trade theories.

Before your group commits to a choice of country, check to make sure that data are available for that country. The text of your group assignment should be double-spaced and limited to 3 pages maximum. You can also attach additional tables and charts to these three pages of text, if these tables and charts are of direct importance to your text discussion.

|Components | |% of Grade | | | |Analysis of data (organization, support, logical explanation) | |40% | | | |Grammar, spelling, punctuation, syntax, and clarity | |20% | | | |Appropriate APA format and reference methods (title page, text, | |length, reference page, in-text citations) | |15% | | | |Depth, appropriateness and use of research data and trade | |information (high quality sources, effective and well-chosen | |support) | |25% | | | |TOTAL | |100% | | |

Instructor Determined Assignments

You will be expected to participate fully in each class. This will include taking an active part in class discussions and other activities, asking questions, and submitting ideas. This area will be measured by both the quantity and quality of questions and discussion that you bring to the class. Demonstrating familiarity with the reading assignments, asking questions from previous class material and/or challenging points from the reading and/or lecture are examples that indicate class contribution. Contribution is also measured by your timely completion of reading assignments, in-class exercises, online discussion questions, and/or homework (your instructor may assign exercises from your textbook). Your instructor may also elect to give pop quizzes in the form of short, usually one-question tests.

|Components | |% of Grade | | | |Demonstration of timely preparation | |20% | | | |Relevance and depth of comments in discussion | |30% | | | |Demonstrated familiarity with course content | |30% | | | |Demonstrated respect to instructor and fellow students | |20% | | | |TOTAL | |100% | | |

Analysis Paper

This 6-page paper will investigate and analyze the impact of a global economic issue on a region’s economic development. This can include any of the issues covered in the course, such as free trade, tariffs, quotas, foreign exchange, protectionism, immigration, or trade agreements. The paper should focus on economic development in a particular country or region (Eastern Europe, Western Europe, North America etc.), or within a bilateral (two-nation) context. Multilateral approaches are acceptable. However, please limit this to three to four nations at most. Your paper should use a minimum of five resources not older than five years. If you would like to use older resources that you consider crucial for your paper, consult with your instructor

|Components | |% of Grade | | | |Development of argument (organization, support, logical | |explanation) | |40% | | | |Clear objectives and thesis | |10% | | | |Depth, appropriateness and use of research (high quality sources,| |effective and well-chosen support) | |15% | | | |Grammar, spelling, punctuation, syntax, and clarity | |20% | | | |Appropriate APA format and reference methods (title page, text, | |length, reference page, in-text citations) | |15% | | | |TOTAL | |100% | | |

Analysis Presentation (in class)

In a 10- to 11-minute oral presentation, you will present your paper findings. You should be dressed professionally, use Power Point as visual support, and be ready to answer any questions from your audience.

|Components | |% of Grade | | | |Development (organization, originality, mechanics) | |35% | | | |Verbal delivery (volume, pace, intonation, pronunciation) | |30% | | | |Use of visual aids (appropriateness, quality) | |15% | | | |Non-verbal delivery (dress, body language, eye contact) | |20% | | | |TOTAL | |100% | | |

Analysis Presentation (online)

In a maximum 15-slide presentation, you will present your analysis paper findings. You should use Power Point and be ready to answer any questions from your classmates.

|Components | |% of Grade | | | |Key Topic Support | |20% | | | |Writing Mechanics | |20% | | | |Requirements | |20% | | | |Purpose/Thesis Statement | |20% | | | |Content | |20% | | | |TOTAL | |100% | | |

Current Economic Issues Presentation (in class)

You will give a presentation on a current economic event that you run into while watching television, listening to the radio, or reading the newspaper, a magazine, or the internet. Through this presentation, you will provide an update on a real-world event and show how it relates to course concepts. Presentations will take place throughout the term, and you will be informed about the day of your presentation in advance. Your instructor will provide you with additional information regarding the content and style of this presentation.

|Components | |% of Grade | | | |Non-verbal delivery (visual aids, body language, eye contact) | |20% | | | |Development (organization, originality, mechanics) | |50% | | | |Verbal delivery (volume, pace, intonation, pronunciation) | |30% | | | |TOTAL | |100% | | |

Current Economic Issues Report (online)

Each student will find a current course-related issue while watching television, listening to the radio, or reading the newspaper, a magazine or the Internet. You will write a short 350-500-word report on this issue and post it on the discussion board during your assigned week. You should include two discussion questions at the end for your classmates. You will be responsible for moderating the discussion about your report and for participating at least twice in each of your classmates’ report discussions.

|Components | |% of Grade | | | |Key Topic Support | |20% | | | |Organization | |25% | | | |Content | |20% | | | |Writing Mechanics | |10% | | | |Ability to moderate discussion | |25% | | | |TOTAL | |100% | | |


You can expect a variety of true/false questions, multiple choice, problem solving, short answer and short essay questions on the concepts covered in or suggested by the course materials, assignments, and activities. The midterm exam will cover the topics from the first five weeks. Your instructor may choose to have four quizzes throughout the term instead of a midterm. The final exam will include questions about topics covered during the whole term. Your instructor may provide you with additional information about the content, style, and grading criteria of exams in this course.

|Components | |% of Grade | | | |Clear grasp of major issues posed by the question | |20% | | | |Proper organization and logical flow of responses | |20% | | | |Valid arguments; appropriate supportive detail | |20% | | | |Appropriate analysis, evaluation and synthesis | |20% | | | |Demonstrated ability to employ terms, concepts and frames of | |reference from texts, lectures, and other course materials | |20% | | | |TOTAL | |100% | | |

Course Policies

Late Assignments




Professional Writing

Assignments require error-free writing that uses standard English conventions and logical flow of organization to address topics clearly, completely, and concisely. CityU requires the use of APA style.

University Policies

You are responsible for understanding and adhering to all of City University of Seattle’s academic policies. The most current versions of these policies can be found in the University Catalog that is linked from the CityU Web site.

Scholastic Honesty

Scholastic honesty in students requires the pursuit of scholarly activity that is free from fraud, deception and unauthorized collaboration with other individuals. You are responsible for understanding CityU’s policy on scholastic honesty and adhering to its standards in meeting all course requirements. A complete copy of this policy can be found in the University Catalog in the section titled Scholastic Honesty under Student Rights & Responsibilities.


Students taking courses in any format at the University are expected to be diligent in their studies and to attend class regularly.

Regular class attendance is important in achieving learning outcomes in the course and may be a valid consideration in determining the final grade. For classes where a physical presence is required, a student has attended if s/he is present at any time during the class session.  For online classes, a student has attended if s/he has posted or submitted an assignment. A complete copy of this policy can be found in the University Catalog in the section titled Attendance Policy for Mixed Mode, Online and Correspondence Courses.

Support Services

Disability Resources

If you are a student with a disability and you require an accommodation, please contact the Disability Resource Office as soon as possible. For additional information, please see the section in the University Catalog titled Students with Special Needs under Student Rights & Responsibilities.

Library Services

In order to help you succeed in this course, you have access to library services and resources 24 hours a day, seven days a week. CityU librarians can help you formulate search strategies and locate materials that are relevant to your coursework. For help, contact a CityU librarian through the Ask a Librarian service. To find library resources, click on the Library link in the My.CityU portal.


As a CityU student, you have access to 10 free hours of online tutoring offered through Smarthinking, including writing support, from certified tutors 24 hours a day, seven days a week. Contact CityU’s Student Support Center at [email protected] to request your user name and password.