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Upon completion of this course, students will be able to:
1. Analyze lecture material, view video materials and relate those
materials to the text content.
2. Distinguish between and use vocabulary terms related to global
economic studies.
3. Critique global economic problems and discuss issues using economic
principles to explain their reasoning.
4. Explain their points of view during discussions.
5. Analyze global economic issues.
6. Demonstrate reading, communication and analytical skill levels in
discussions, on exams, and within the content of assigned
papers.
7. Evaluate the world's economic performance and evaluate the efficacy
of economic policies directed toward the achievement of global
development.
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I. Introduction to Economic Development
A. International comparisons in income and growth
B. The economic, sociological, and polical characteristics of
development
C. Measuring economic development
D. Technological progress and the factors of production--land,
labor, capital and entrepreneurship
II. Approaches to the Theory of Economic Development
A. The origin of growth theories--the classical economists
B. The stages of economic growth
C. Capital focused growth theories
III.Trade and Development
A. Why do nations trade?
B. What determines the basis and directions of trade?
C. The driving forces behind protectionism
D. Trade policy
E. International trading blocs
F. Case studies
IV. International Resource Mobility
A. Labor and capital mobility
B. Multinational corporations
C. Fixed v. floating exchange rates
D. Managing currencies and policy coordination
E. Exchange rates, capital flight and hyperinflation
F. Case studies
V. Developing Countries and Economies in Transition
A. Theories of underdevelopment
B. World population trends
C. Integrating developing countries into the global economy
D. The transformation of the former Communist countries
E. Case studies
VI. The International Dimension of Environmental Problems
A. Transnational pollution
B. International property rights
C. Trade, development and environmental protection
D. Case studies
VII.The Evolving World Economy
A. The dynamic aspects of comparative advantage
B. The evolutionary nature of trade competitiveness
C. Recent events in global trade and development
D. Case studies
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1. Regular attendance and extensive notetaking in class is expected
and assumed.
2. Read and study appropriate chapters in text and anthologies.
3. A 5-7 page paper will be assigned. Instructors may choose to assign
either response, analytical, or a research paper.
4. Participate in discussion as directed by the instructor.
5. Prepare for scheduled quizzes.
6. Prepare for extensive in-class mid-term and final essay examination
7. Written homework as directed by instructor.
Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing. | Writing 20 - 60% |
Written homework, Response, analytical, or research papers | |
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills. | Problem Solving 0 - 0% |
None | |
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams. | Skill Demonstrations 0 - 0% |
None | |
Exams: All forms of formal testing, other than skill performance exams. | Exams 40 - 80% |
Multiple choice, True/false, Matching items, Completion, In-class mid-term and final essay examinations | |
Other: Includes any assessment tools that do not logically fit into the above categories. | Other Category 0 - 0% |
None | |
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Carbaugh, Robert J. International Economics, 8th ed.,
Southwestern College Publishing (International Thompson Publishing, 2002),
Cincinnati, OH.