Tag Archives: week 8

Week 8 – International Trade

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Before Class on Tuesday, 10/12
Watch (14:27): Blumberg (2013) (see notes)
Read: Lumen Learning “Absolute and Comparative Advantage” & “Comparative Advantage and Gains from Trade”

Before Class on Thursday, 10/14
Have tried or completed all of Weekly Review 6

Material Links
Blumberg, Alex. (2013) “Planet Money Makes a T-Shirt.” Planet Money. NPR. https://apps.npr.org/tshirt/#/title
Lumen Learning “Absolute and Comparative Advantage” https://courses.lumenlearning.com/wm-macroeconomics/chapter/absolute-and-comparative-advantage/ & “Comparative Advantage and Gains from Trade” https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-absolute-advantage-2/

Notes on Blumberg:
Prioritize “People,” “Boxes”, and “You” if you have to skip some chapters but they are all very engaging and highly encouraged!
Time Breakdown by Chapter :
Intro (0:45)
Cotton (02:32)
Machines (01:33)
People (06:21)
Boxes (01:37)
You (01:40)

Reading Summary Sign Up

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Over the course of the semester, students will be responsible for presenting a summary of the assigned course materials twice. Please click here for more instructions on this assignment.

Please see table below for your assigned weeks and due dates. Please remember, you have two.

weekDatetopicAssigned
WEEK 5T 09/21Economic Well-beingMarleen, Randall, Abdullah
WEEK 6T 09/28EmploymentNancy, Rajat
WEEK 7T 10/05Consumption & SavingsLingjiao, Jun Qi, Astri,
WEEK 8T 10/12International TradeMamuna, Mei, Andrew, Bryan
WEEK 9T 10/19Exchange RatesAlissa, Emmalee, Camila, Andrew, Shawn, Bryan
WEEK 10T 10/26Keynesian Cross & MultipliersThet Thet, Mei, Michael
WEEK 11T 11/02Fiscal PolicyRandall, Mamuna, Manuel, Nancy, Uriel
WEEK 12T 11/09Monetary PolicyLingjiao, Alisha, Mariia, Achly
WEEK 13T 11/16Government BudgetAlissa, Emmalee, Marleen, Osha, Jun Qi, Abdullah, Shawn
WEEK 14T 11/23AD & AS ModelMichael, Astri, Mariia, Manuel, Uriel
WEEK 15T 11/30AD & AS ModelThet Thet, Rajat, Achly, Alisha, Osha, Camila