International Corporate Economics 752 (3 credits)

 

Syllabus

Executive MBA Program

Sheldon B. Lubar School of Business

University of Wisconsin - Milwaukee

 

EMBA Cluster 4: July 26, 2013 to October 5, 2013

 

INSTRUCTOR: Richard D. Marcus, Ph.D., Associate Professor & Chair of the Lubar Executive Committee

Ř  Dick's Lubar School page:  http://www4.uwm.edu/business/faculty/busfaculty/marcus.cfm

Ř  Dick's Homepage:  https://pantherfile.uwm.edu/marcus/www/

Ř  Dick's EMBA bio page:  https://pantherfile.uwm.edu/marcus/www/Bio2013.html

FACULTY OFFICE: Lubar Hall S430F

 

OFFICE HOURS: Fridays 11:00 AM - 12:30 PM. 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.

 

E-MAIL: marcus@uwm.edu

 

TEXTBOOKS: James Gerber, International Economics, Pearson, 6th Edition, 2014; and Ralph W. Braun, Rise ABOVE, The Braun Corporation, 2013.

 

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

 

TESTS: There will be a take-home midterm given out on August 17 due on September 7; and there will be a talk-home final given out on September 28 and due on October 5. The midterm is worth 50% and the final is worth 50%.

 

CLASSROOM POLICIES: UWM has long-standing policies on academic misconduct, sexual harassment, discrimination, and changes of grade.  These policies are available at: www.uwm.edu/~marcus/policies.html

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 http://d2l.uwm.edu/  using your UWM email name and password.

 

 

Class Schedule for International Corporate Economics 752

 

Friday, July 26 @ 2:15pm – The Global Economy and International Economic Institutions after 1944 (Gerber:  Chapters 1 and 2).

 

Saturday, August 3 @ 10:45am – Comparative Advantage, Gains from Trade, and Factor Endowment – The Basic International Economic Trade Theorems (Gerber:  Chapters 3 and 4).

 

Friday, August 9 @ 2:15pm – Beyond Comparative Advantage:  Scale Economies, Monopolistic Competition, Tariffs, and Quotas (Gerber:  Chapters 5 and 6). [Note: At 6:30pm August 12 in Lake Park near campus, Dick and his chorus sings a free "Monday in the Park" concert outside.]

 

Saturday, August 17 @ 10:45am - Trade Policies:  Protectionist Commercial Policies, Labor Policies, and the Economics of Externalities (Gerber:  Chapters 7 and 8). Take Home Midterm (Gerber:  Chapters 1-8) Due on September 7.

 

Friday, August 23 – no international economics – three city barbershop concert tour with one in Milwaukee on Sunday August 25. 

 

Saturday, September 7 @ 2:15pm – International Finance:  Balance of Payments, Exchange Rates, and the Optimal Currency Area (Gerber:  Chapters 9 and 10).

 

Saturday, September 13 @ 8am – Lessons from Rise ABOVE(Braun: Chapters 1-10).

 

Saturday, September 21 @ 10:45am – Open Economy Macroeconomics, US and Japanese Quantitative Easing Experiments, and Sources of International Financial Crises (Gerber: Chapters 11 and 12). [Note: Dick and his chorus will sing the National Anthem at the Brewer's game about 6pm September 21].

 

Friday, September 27 @ 2:15pm – Regional Issues in the Global Economy:  NAFTA, EU, and, East Asia (Gerber: Chapters 13, 14, and 16).Take Home Final given out (Gerber:  Chapters 9-14 and Rise ABOVE). Due on October 5.

 

Saturday, October 5 @ 8am - Wrap up discussion on final and Further Lessons from Rise ABOVE (Braun: Chapters 11- epilogue)