International Corporate Economics 752 (3 credits)


Executive MBA Program
 Sheldon B. Lubar School of Business
University of Wisconsin - Milwaukee

 EMBA Cluster 4: July 27 to October 6, 2012

INSTRUCTOR: Richard D. Marcus, Ph.D., Associate Professor

Dick's Lubar School page:

Dick's Homepage:

Dick's EMBA Bio page:


OFFICE HOURS: Tuesday and Thursday 11:00 AM - noon. Office hours also will be available by appointment to allow for the greatest flexibility of schedules for the EMBA students.

PHONE: 414-229-4103 (faculty office) or 414-228-7731 (home).

MAILBOX: My faculty mailbox is located on the 4th floor of Lubar Hall.


TEXTBOOK: Thomas A. Pugel, International Economics, McGraw-Hill, 15th edition, 2012.

OBJECTIVE: Understand the basic forces in international trade and finance that play a crucial role in international competitiveness of firms.

TESTS: There will be a take-home midterm given on August 24 due on September 8; and there will be a final on Saturday, October 6 in class. The midterm is worth 40% and the final is worth 60%.

CLASSROOM POLICIES: UWM has long-standing policies on academic misconduct, sexual harassment, discrimination, and changes of grade. These policies are available at:

SPECIAL NEEDS: If anyone has need for note-taking or test-taking assistance,please feel free to discuss this with me early in the session. Worked problems and old exams are available on Desire2Learn at using your UWM email name and password.

Class Schedule for International Corporate Economics 752

Friday, July 27 @2:15pm -  Comparative Advantage and Elasticities (Pugel: Chapters 1, 2, and 3).

Saturday, August 4 @ 8am -  Factor Proportions, Competition, Monopoly, and Oligopoly (Pugel: Chapter 4).

Friday, August 10 @ 10:45am -  Gainers and Losers in Trade and Monopolistic Competition (Pugel: Chapters 5, 6, and 7).

Saturday, August 18 @ 2:15pm -  Trade Policy (Pugel: Chapters 8, 9, and 10).

Friday, August 24 @ 10:45pm -  Domestic and International Price Discrimination and mercantilist Policies (Pugel: Chapter 11) Take Home Midterm (Pugel: Chapters 1-11).

Satuday, September 8 @ 2:15pm -  The Tragedy of the Commons, Multinationals, and Factor Movement (Pugel: Chapters 12, 13, 14, and 15).

Saturday, September 22 @10:45am -  The Foreign Exchange Market and Parity Relationships (Pugel: Chapters 16, 17, and 18).

Friday, September 28 @ 8am -  Beggar-thy neighbor Policies and Flexible Exchange Markets (Pugel: Chapters 19, 20, 21).

Saturday, October 6 @10:45pm -  The Final Exam is comprehensive but is primarily based on Pugel: Chapters 12-21.