Course Name Year Term Period Faculty / Graduate School All Instructors Credits
34756:Introductory International Economics (E) 2023 Fall Fri3 College Of Economics OKAWA MASAYUKI 2

Campus

BKC

Class Venue

Ad-seminario202

Language

English

Course Outline and Method

This course lectures basic level of international economics, international trade and trade policy. The topics in this course include, for example, overview of world trade, basic theory of international trade and gains from trade (the Ricardian model, theory of trade policies (import tariffs, quantity restrictions and so forth), national income accounting, balance of payments, and foreign exchange rate (See course schedule below for details).
  Lectures, reports and so on are basically conducted in English, but there could be cases in which attendants can communicate in Japanese.
  The speed of lecture and topics could be flexibly changed depending upon students' understanding.
  The instructor basically lectures materials and, then, students are invited to make short presentation of parts of materials. (PPTs are provided by the lecturer). The students' presentations are based upon agreement between attendants and the instructor.

  

Student Attainment Objectives

Students can master the basic knowledge of international economics, theory of international trade and trade policies.

Recommended Preparatory Course

Students are supposed to have basic English communication skills and basic knowledge of economics.

Course Schedule

Lecture/Instructor(When there are multiple instructors) Theme
Keyword, References and Supplementary Information
1

About this course
Introduction of international economics, trade and trade policy
  

Globalization, Gravity model, GDP, Geometrical distance, Trade and factor flows, Developing countries, Outsourcing

2-3

World trade: An overview

Globalization, Gravity model, Geometrical distance, Trade and factor flows, Developing countries, Outsourcing

4-6

National income accounting and Balance of payments

Gross domestic product (GDP), Gross national product (GNP), National income, Balance of Payments

7-9

Theory of international trade and gains from trade (1): Ricardian model

Production technology, comparative advantage, trade pattern, gains from trade,

10-11

Consumers, Producers and Efficiency of Markets

Demand curve, Supply curve, Consumer surplus, Producer surplus, Total surplus

12-14

Theory of trade policy: import tariffs and quantity restrictions

 Import tariff, Dead-weight loss, Production subsidy, Consumption tax, Quotas.

15

Foreign exchange rate

Foreign exchange rate, flexible exchange rate, purchasing power parity, asset approach

Class Format

BCP停止の場合は、BCPレベル0~2の記載どおりに授業が行われます。
During the suspension period of BCP, classes will be as described in BCP levels 0-2.

The lectures will be conducted by face to face lecture in the classroom.
 However, depending upon the BCP level of Ritsumeikan, it could be possible that the lecture method will be switched to Hybrid method. In the case of Hybrid method or online lecture by zoom, lecturer will inform the URL of the Zoom to the students in the course news of the International Economics page in Manaba+R.

Recommendations for Private Study

Students are recommended to read the textbook before each class.

Grade Evaluation Method

Kind Percentage Grading Criteria etc.
Final Examination (Written) 0

Report Examination
(A report to be submitted by the unified deadline)
0

Exams and/or Reports other than those stated above, and Continuous Assessment 
(Evaluation of Everyday Performance in Class)
100

Evaluation based on student’s attendance attitude in the class such as student's presentation and/or discussion, homework assignments. mid-term and end-term reports.

Grade Evaluation Method (Note)

Advice to Students on Study and Research Methods

Textbooks

Textbooks (Frequency of Use, Note)

Reference Books

Title Author Publisher ISBN Code Comment
International Economics: Theory and Policy Krugman, Obstfeld and Melitz Peason
World Trade and Payments: An Introduction Caves, J.A. Frankel, R.W. Jones Pearson
International Economics R.C. Feenstra, A.N. Taylor Worth Publishers
Principles of Economics G. Mankiw Cengage

Reference Books (Frequency of Use, Note)

Web Pages for Reference

How to Communicate with the Instructor In and Out of Class(Including Instructor Contact Information)

Learning Management System (manaba+R),Talk with Students,Other (Separate instructions will be provided)

Other Comments

【科目ナンバリング・カリキュラムマップはこちらから/Click here to see the Curriculum-Map and Course-Numbering】
URL:https://secure.ritsumei.ac.jp/students/pathways-future/course/curriculum.html/