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Canyon College

online International Economics and Trade course

COURSE SYLLABUS: International Economics and Trade


Course Title: BU631 – International Economics and Trade
Department: Business
Instructor: John D. Theodore, PhD, DBA, CMC - E-Mail - Vita
Prerequisites: Good standing in the program


Course Description:

This course applies international macroeconomic theory and fosters an understanding of current economics and international trade policies, issues, and events. The goals of this course are to build an understanding of the current issues in public and firm policy and apply theories and concepts to analyze these issues in the global economy.

Learning Objectives:

The students will:

  1. Understand sources of comparative advantage, exchange rates and international labor practices.
  2. Become familiar and understand the concepts of national income accounting and balance of payments accounting practices.
  3. Analyze exchange rates and the foreign exchange market and an asset approach to the analysis.
  4. Examine how the international monetary fund policies and how they affect exchange rates in the global economy.
  5. Develop an appreciation of how the globalization of international capital markets can affect international trade.
  6. Analyze and explain the role of international finance with respect to current events such as the Asian crisis and emerging markets in the global economy.
  7. Be able to compare capitalist systems and a United States economy.
  8. Discuss the roles of international labor practices an how labor unions affect and influence international economics and trade.
  9. Understand the various trade barriers that international businesses must be prepared to address and manage.
Required Text: Online Bookstore

Text(s)

Schnizer, M. (2000). Comparative economic systems, (8th ed.). Cincinnati, OH: South Western Publishing Co. ISBN: 0324004281

Supplementary Resources:

The students are encouraged to read The Wall Street Journal, The Economist, Business Week, Harvard Business Review and other sources, especially those located electronically.

Assessment:
  1. .Six reading or case study assignments covering important aspects in international economics and trade.
  2. A twelve-page Reflective Paper (APA Style, 5th Edition) on any topic dealing with international economics and trade.
Academic Requirements:

  1. All students are expected to “attend” the course by completing all course assignments in an academic manner and with complete preparation.
  2. Grammar, punctuation, spelling and overall composition will be included in the grading of all assignments.
  3. Students are required to complete each unit within a one-week time frame. At the student’s request, and upon successful completion of a unit in less than one week, the instructor will provide students with subsequent units of homework in advance.
  4. Plagiarism will not be tolerated.
Method of Instruction

BU631 is a distance-learning course offered through Canyon College. Because this class is a partially self-paced program in that you may complete a specific weeks work at anytime during that week timeframe, it is essential that the student review all available materials located in the text, classroom, e-mail, and syllabus. Course examinations will be administered on-line during the fourth and eighth weeks of class. Prior to the submission of the first assignment each student is required to submit via e-mail to the instructor the following information.
Name, e-mail address, course expectations, professional work experience, educational background and anything else you would like the instructor to know about you.
Course Schedule and Assignments:

Week 1

Unit 1:Read an academic article and your text on Comparative Advantage. Submit a two-page analysis of the materials read.
Week 2

Unit 2:Read a journal article and your text on Trade Barriers. Submit a two-page summary of materials read.
Week 3

Unit 3: Read an academic article on the International Monetary Systems. Submit a two-page analysis of the materials read.
Week 4

Unit 4: Submit a detailed description of the Reflective/Term Paper you have chosen covering any topic in international economics and trade, including the purpose of the study and the limitations of the study. This can be done in two to three pages. Wait for the professor’s comments.
Week 5

Unit 5: Read one academic article on the Asian Economic Crisis. Submit a two-page analysis of the materials read.
Week 6

Unit 6: Read one academic article on International Labor Practices in the Global Economy. Submit a two-page analysis of the material read
Week 7

Unit 7: Read one academic article and your text on the main concepts of the National Income Accounting and the Balance of Payments accounts. Submit a two-page analysis of the materials read.
Week 8 – Final Exam

Unit 8: Submit your twelve-page Reflective/Term Paper. Wait for the professor’s comments.


Grading criteria:

Exercises:
Reflective Paper: 		50%
50%


* This syllabus is subject to change at the discretion of the instructor.