Office: Room # (classroom)

Office Phone: 1-800-333-0894 ext. 5479 or 1-312-322-5479

E-mail: Terry.R.Ferrari@chi.frb.org

Office Hours: 5:45 p.m. until class

May be reached at the above phone numbers Monday through Friday from 8:00 a.m. until 4:00 p.m.

Course Time: Thursday, 7:00 – 10:00 p.m.

Course Description:

The content of this course, an integrated treatment of theory, policy, and enterprise in international trade and investment, will provide the student with an understanding of the economic dynamics and policy issues of trade and investment flows among nations.

Prerequisites: ECN 210-211, MTH 160 (or equivalent), or consent of program director.

Textbook: International Business: The Challenge of Global Competition, Seventh Edition. Ball and McCulloch. Irwin McGraw-Hill, 1999. Additional supplements will be included.

Supplement a: Excerpt from Tyranny of Status Quo.

Statement of Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances.

Calumet College of St. Joseph adheres to citation guidelines as prescribed by the particular discipline (i.e., MLA, APA, Chicago Manual of Style or Turabian.). All of these guidelines are available in the Calumet College of St. Joseph library or bookstore. These texts outline how to cite references from a variety of sources, including electronic media.

Withdrawal from Classes Policy:

Please see the Degree Completion Program’s Student Handbook for withdrawal policy. All withdrawals are completed through the Degree Completion Academic Advisor’s office.

Class Policy on Attendance:

Students are expected to attend classes. If possible, absences should be discussed in advance. If absences are not anticipated, students should contact the instructor as soon as possible for make-up work.

Class Policy For Assignments:

Students will be required to participate in class discussions.

Learning Outcomes:

Students in this course will:

· Be able to understand a range of international economic theories and concepts.

· Be able to understand the motivation for world trade.

· Be able to understand trade theories and practices.

· Be able to understand tariffs, monetary mechanics, and other governmental interventions.

· Be able to illustrate the usefulness of economic analysis and the development of economic reasoning.

Assessment:

Exams (Midterm, Final, Quizzes) 90% of grade

Class participation/collaboration/attendance/assignments 10% of grade

Grading:

Students will be required to take six tests. Tests are weighted based on length. Grades will be curved individually and cumulatively based on the overall performance of the class. Extra credit exercises are available to all students and may be submitted at any time until the final examination.

Format for Written Assignments:

In general, assignments and tests will be short, answer essays.

Class Participation:

In general, students are expected to be engaged in class discussions. The form of participation is open. For example, students may pose situations for discussion, offer opinions and suggestions, or help each other gain insight. In any case, students should be ready to respond to the questions, “What do you think?” and “Why?”

Class Assignments:

Class Date Topic-Assignment

May 03 Review/discuss chapters 1 - 2 and supplement a.

May 10 NO CLASS. Do take home test (1-2 and a). Assignment: read chapters 3- 4.

May 17 Review/discuss chapters 3 – 4. Assignment: read chapters 5 – 6.

May 24 Review/discuss chapters 5 – 6. Assignment: read chapters 7 – 8.

May 31 Test on chapters 3, 4, and 5. Review/discuss chapters 7 – 8. Assignment: read chapters 9 – 10.

June 07 Review/discuss chapters 9 – 10. Assignment: read chapters 11-12.

June 14 Test on chapters 6, 7, 8, and 9. Review/discuss chapters 11 – 12. Assignment: read chapters 13 – 14.

June 21 Review/discuss chapters 13 – 14.

June 28 NO CLASS. Do take home test (10, 11, 12, and 13). Assignment: read chapters 15 – 16.

July 05 Review/discuss chapters 15 – 16. Assignment: read chapter 17.

July 12 Test on chapters 14, 15, and 16. Review/discuss chapter 17. Assignment: read chapters 18 – 19.

July 20 (FRI) Review/discuss chapters 18 – 19. Assignment: read chapter 20.

July 26 Review/discuss chapter 20.

August 02 Test on chapters 17, 18, 19, and 20.