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Survey of modern macroeconomics at a fairly advanced level. Topics include neoclassical and new growth theory, consumption and saving behavior, investment, and unemployment. Use of the dynamic programming techniques. Assignments include problem sets and written discussions of macroeconomic events. Recommended for students planning to apply to graduate school in economics. Credit not given for both 14.05 and 14.06.

Uses the tools of macroeconomics to study three macroeconomic policy problems in depth. Possible topics include long-run economic growth, the macroeconomics of the transition to a modern capitalist society, federal government surpluses and deficits, Social Security, the distribution of earnings and income, and the Great Depression. Requires a 20-page paper on a subject related to one of the topics considered in the class. This subject considers three topics of macroeconomics that are alive and controversial for policy today. The topics are: economic growth - the roles of capital accumulation, increased education, and technological progress in determining economic growth; savings - the effect of government and private debt on economic growth; and exchange-rate regimes - their role in the Great Depression and today.

This course is designed to extend the student's knowledge of the basic microeconomic principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena. Topics include supply and demand interaction, utility maximization, profit maximization, elasticity, perfect competition, monopoly power, imperfect competition, and game theory. Upon successful completion of this course, the student will be able to: Explain the standard theory in microeconomics at an intermediate level; Explain and use the basic tools of microeconomic theory, and apply them to help address problems in public policy; Analyze the role of markets in allocating scarce resources; Explain both competitive markets, for which basic models of supply and demand are most appropriate, and markets in which agents act strategically, for which game theory is the more appropriate tool; Synthesize the impact of government intervention in the market; Develop quantitative skills in doing economic cost and consumer analysis using calculus; Compare and contrast arguments concerning business and politics, and make good conjectures regarding the possible solutions; Analyze the economic behavior of individuals and firms, and explore how they respond to changes in the opportunities and constraints that they face and how they interact in markets; Apply basic tools that are used in many fields of economics, including household economics, labor economics, production theory, international economics, natural resource economics, public finance, and capital markets. (Economics 201)

This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, Are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as well as the firm-level, and in the presence of both mobile and immobile factors (e.g., foreign direct investment (FDI), offshoring of tasks, multinational firms and immigration).

International Economics: Theory and Policy is built on Steve Suranovic’s belief that students need to learn the theory and models to understand how economics works and how economists understand the world. And, that these ideas are accessible to most students if they are explained thoroughly.

So, if you are looking for an International Economics text that will prepare your PhD students while promoting serious comprehension for the non-economics major, Steve Suranovic’s International Economics: Theory and Policy is for you.

International Economics: Theory and Policy presents numerous models in some detail; not by employing advanced mathematics, but rather by walking students through a detailed description of how a model’s assumptions influence its conclusions. Then, students learn how the models connect with the real world.

Steve’s book covers positive economics to help answer the normative questions; for example, what should a country do about trade policy, or about exchange rate policy? The results from models give students insights that help us answer these questions. Thus, this text strives to explain why each model is interesting by connecting its results to some aspect of a current policy issue.

This text eliminates some needlessly difficult material while adding and elaborating on other principles. For example, the development of the relative supply/demand structure, or the presentation of offer curves, are omitted as to not go too deeply into topics that tend to confuse many students at this level.

Steve developed new approaches in this text including a simple way to present the Jones’ magnification effects, a systematic method to teach the theory of the second best, and a unique description of valid reasons to worry about trade deficits. These new approaches help students learn the concepts and models and derive conclusions from them.

If you like to take a comprehensive look at trade policies, be sure to check out the chapter on Trade Policy (7). It provides a comprehensive look at many more trade policies than are found in many of the printed textbooks on the market today.

International Economics: Theory and Policy by Steve Suranovic is intended for use in a full semester trade course, a full semester finance course, or a one semester trade/finance course.

This text strives to reach a median between these two approaches. First, I believe that students need to learn the theory and models to understand how economists understand the world. I also think these ideas are accessible to most students if they are explained thoroughly. This text presents numerous models in some detail, not by employing advanced mathematics, but rather by walking students through a detailed description of how a model's assumptions influence its conclusions. Second, and perhaps more important, students must learn how the models connect with the real world. I believe that theory is done primarily to guide policy. We do positive economics to help answer the normative questions; for example, what should a country do about its trade policy or its exchange rate policy? The results from models give us insights that help us answer these questions. Thus this text strives to explain why each model is interesting by connecting its results to some aspect of a current policy issue. A prime example is found in Chapter 11 "Evaluating the Controversy between Free Trade and Protectionism" of this book, which addresses the age-old question of whether countries should choose free trade or some type of selected protection. The chapter demonstrates how the results of the various models presented throughout the text contribute to our understanding of this long-standing debate.

Table of Contents
Preface
Chapter 1: Introductory Trade Issues: History, Institutions, and Legal Framework
Chapter 2: The Ricardian Theory of Comparative Advantage
Chapter 3: The Pure Exchange Model of Trade
Chapter 4: Factor Mobility and Income Redistribution
Chapter 5: The Heckscher-Ohlin (Factor Proportions) Model
Chapter 6: Economies of Scale and International Trade
Chapter 7: Trade Policy Effects with Perfectly Competitive Markets
Chapter 8: Domestic Policies and International Trade
Chapter 9: Trade Policies with Market Imperfections and Distortions
Chapter 10: Political Economy and International Trade
Chapter 11: Evaluating the Controversy between Free Trade and Protectionism
Chapter 12: Introductory Finance Issues: Current Patterns, Past History, and International Institutions
Chapter 13: National Income and the Balance of Payments Accounts
Chapter 14: The Whole Truth about Trade Imbalances
Chapter 15: Foreign Exchange Markets and Rates of Return
Chapter 16: Interest Rate Parity
Chapter 17: Purchasing Power Parity
Chapter 18: Interest Rate Determination
Chapter 19: National Output Determination
Chapter 20: The AA-DD Model
Chapter 21: Policy Effects with Floating Exchange Rates
Chapter 22: Fixed Exchange Rates
Chapter 23: Policy Effects with Fixed Exchange Rates
Chapter 24: Fixed versus Floating Exchange Rates

International Finance Theory and Policy is built on Steve Suranovic’s belief that to understand the international economy, students need to learn how economic models are applied to real world problems. It is true what they say, that ”economists do it with models.“ That’s because economic models provide insights about the world that are simply not obtainable solely by discussion of the issues.

International Finance Theory and Policy develops a unified model of the international macroeconomy. The text provides detailed descriptions of major macroeconomic variables, covers the interest rate parity and purchasing power parity theories of exchange rate determination, takes an exhaustive look at the pros and cons of trade imbalances and presents the well-known AA-DD model to explore the effects of fiscal and monetary policy under both fixed and flexible exchange rates.

The models are developed, not by employing advanced mathematics, but rather by walking students through a detailed description of how a model’s assumptions influence its conclusions. But more importantly, each model and theory is connected to real world policy issues.

The Finance Text has the following unique features: 1). Begins with an historical overview of the international macroeconomy to provide context for the theory. 2). Concludes with a detailed discussion of the pros and cons of fixed and floating exchange rate systems. 3. Provides an extensive look at the issue of trade imbalances. Readers learn techniques to evaluate whether a country's trade deficit (or surplus) is dangerous, beneficial, or benign. 4). Explains how purchasing power parity is used to make cross country income comparisons. 5). Offers clear detailed explanations of the AA-DD model. 6). Applies the AA-DD model to understand the effects of monetary and fiscal policy on GDP, the exchange rate, and the trade balance.

International Finance: Theory and Policy by Steve Suranovic is intended for a one-semester course in International Finance.

International Finance Theory and Policy is built on Steve Suranovic's belief that to understand the international economy, students need to learn how economic models are applied to real world problems. It is true what they say, that ”economists do it with models.“ That's because economic models provide insights about the world that are simply not obtainable solely by discussion of the issues.

This course will introduce the student to the field of international political economy, teaching students the ways in which economics and politics influence each other when it comes to creating policy. Economic policy can be an important instrument of statecraft and diplomacy between countries, yet countries can also use economic policy to punish or express disapproval towards other countries using sanctions. In this course, the student will learn about the international organizations and regimes that are designed to facilitate international economic transactions and ensure economic stability, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF). The student will also review the impact that globalization has on the world economy and the gap between rich and poor countries. Upon successful completion of this course, the student will be able to: identify, explain, and compare major theories in the field of international political economy; analyze the effects of trade policies on domestic and international actors; evaluate the costs and benefits of Foreign Direct Investment and Sovereign Debt; explain the development of the international currency system and analyze the effects of domestic policies; compare and contrast approaches to human rights and access to basic human needs. (Political Science 411)

This course examines the interconnections of international politics and climate change. Beginning with an analysis of the strategic and environmental legacies of the 20th Century, it explores the politicization of the natural environment, the role of science in this process, and the gradual shifts in political concerns to incorporate "nature". Two general thrusts of climate-politics connections are pursued, namely those related to (a) conflict - focusing on threats to security due to environmental dislocations and (b) cooperation - focusing on the politics of international treaties that have contributed to emergent processes for global accord in response to evidence of climate change. The course concludes by addressing the question of: "What Next?

This course is designed to acquaint beginning students with some of the fundamental principles of international relations such as realism and idealism. Realism, for example is based on the assumption that the state constitutes the most important actor in the international system. The course will also explore the nature of idealism, which emphasizes the role of international norms and ethics, such as the preservation of human rights, as a means of realizing international justice. The course will also analyze international political economy and various theories ranging from mercantilism to dependency theory.

This introduction to business course covers five modules including: The Context of Business; Entrepreneurship and Legal Forms of Business; Marketing; Accounting, Finance, and Banking; Management.

This book describes how Earth's climate is changing, how it has been changing in the recent geological past and how it may change in the future. It covers the physical sciences that build the foundations of our current understanding of global climate change such as radiation, Earth's energy balance, the greenhouse effect and the carbon cycle. Both natural and human causes for climate change are discussed. Impacts of climate change on natural and human systems are summarized. Ethical and economical aspects of human-caused climate change and solutions are presented.

This book presents standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. Introductory economics material is integrated. Standard mathematical tools, including calculus, are used throughout. The book easily serves as an intermediate microeconomics text, and can be used for a relatively sophisticated undergraduate who has not taken a basic university course in economics.

The focus of this book is on the conceptual tools and not on fluff. As such, it reflects the approach actually adopted by the majority of economists for understanding economic activity. There are lots of models and equations, and no pictures of economists ;-)

Economic analysis is used in many situations. When British Petroleum sets the price for Alaskan crude oil, it uses an estimated demand model, both for gasoline consumers and also for the refineries to which BP sells. Economic analysis was used by experts in the antitrust suit brought by the U.S. Department of Justice both to understand Microsoft's incentive to foreclose (eliminate from the market) rival Netscape and consumer behavior in the face of alleged foreclosure. Stock market analysts use economic models to forecast the profits of companies to predict the price of their stocks. When the government forecasts the budget deficit or considers a change in environmental regulations, it uses economic models. This book presents the building blocks of the models in common use by an army of economists thousands of times per day.

This book, plus econometrics, provides most of the economic analysis tools to take upper division economics courses of any type.

Table of Contents
Chapter 1: What Is Economics?
Chapter 2: Supply and Demand
Chapter 3: Quantification
Chapter 4: The U.S. Economy
Chapter 5: Government Interventions
Chapter 6: Trade
Chapter 7: Externalities
Chapter 8: Public Goods
Chapter 9: Producer Theory: Costs
Chapter 10: Producer Theory: Dynamics
Chapter 11: Investment
Chapter 12: Consumer Theory
Chapter 13: Applied Consumer Theory
Chapter 14: General Equilibrium
Chapter 15: Monopoly
Chapter 16: Games and Strategic Behavior
Chapter 17: Imperfect Competition
Chapter 18: Information
Chapter 19: Agency Theory
Chapter 20: Auctions
Chapter 21: Antitrust

This book presents standard intermediate microeconomics material and some material that, in the authors' view, ought to be standard but is not. Introductory economics material is integrated. Standard mathematical tools, including calculus, are used throughout. The book easily serves as an intermediate microeconomics text, and can be used for a relatively sophisticated undergraduate who has not taken a basic university course in economics.

Introduction to Energy and Earth Sciences is an introduction to microeconomic fundamentals with a focus on the applications of economics to energy and environmental markets. We will introduce the economic method of analysis to the environmental and resource questions facing society. We will learn about the market forces, supply and demand and how they are formed from two concepts of law of Diminishing Returns and Diminishing Marginal Utility. We extend our knowledge by exploring factors such as market dynamics and market equilibrium, government intervention and market power. At the end we will apply these concepts to real life examples and address Climate Change and Carbon Policy, Resource Scarcity and Energy Security, and Changes in the Electricity Business.

This introductory survey course is intended to develop an understanding of key issues and dilemmas of planning in non-Western countries. The issues covered by the course include state intervention, governance, law and institutions in development, privatization, participatory planning, decentralization, poverty, urban-rural linkages, corruption and civil service reform, trade and outsourcing and labor standards, post-conflict development and the role of aid in development.

This survey course can be used by students who are looking to take just one general overview course or by those who want to go on to more advanced study in any of the subfields that comprise the political science discipline, such as American politics, comparative politics, international politics, or political theory. The goal of this course is to introduce the student to the discipline's concepts, terminology, and methods and to explore instances of applied political science through real world examples. Upon successful completion of this course, the student will be able to: Describe and evaluate the concepts of power, legitimacy, and authority; Discuss the origins and developments of the nation-state; Distinguish between traditional and behavioral approaches to the study of politics; Discuss general approaches to the study of politics, such as political philosophy, political systems theory, and political economy; Describe and discuss the political socialization process; Examine the nature of political participation from a comparative perspective; Discuss the nature of public opinion from a comparative perspective; Identify the different types of electoral systems and be able to assess the implications of those systems; Identify the role and functions of political parties; Identify the different types of party systems from a comparative perspective; Describe and evaluate the general principles of presidential and parliamentary political systems; Describe and compare the essential features of at least three governments of Western Europe; Identify and evaluate the principles of authoritarian and totalitarian governments; Discuss the concepts of political development and problems facing developing nations; Discuss and explain the origins and principles of democratic capitalism, democratic socialism, Marxist socialism, national socialism, fascism, and third world ideologies; Describe the origins, development, and principles of international law; Identify and assess the influence of major international organizations; Describe and analyze the causes of international conflict; Analyze current critical issues in international relationships. (Political Science 101)

" This course will provide a solid foundation in probability and statistics for economists and other social scientists. We will emphasize topics needed for further study of econometrics and provide basic preparation for 14.32. Topics include elements of probability theory, sampling theory, statistical estimation, and hypothesis testing."