AP/ECON 3150 3.0 N: International Trade Winter 2021
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AP/ECON 3150 3.0 N: International Trade
Winter 2021 Course Outline
Course Description
The objective of this course is to provide students with a working knowledge of the principles of international economics. The course will start with the analysis of theoretical models of international trade to study the causes of trade between two countries, direction of trade flows, and gains that trade brings to trading countries. The second part of the course deals with international trade policies such as tariffs, quotas, trade subsidies, and trade agreements.
Technological requirements
• Lectures: the lectures will be pre-recorded and posted along with the lecture notes on the course web site on e-Class.
• Office hours: Virtual office hours are held weekly on Wednesdays (except for the reading week) at 10- 11am, and will be in the form of a video conference using Zoom. Students could access these Zoom meetings from the course web page. Participation in office hours requires high-speed internet connection, along with a computer (or smartphone) with web camera and microphone.
• On-line quizzes will be posted weekly on Achieve (see more details below) and also require student to have access to high-speed and reliable internet.
Required Text
International trade, by R. Feenstra and A. Taylor, 5th addition, Worth publishers, 2021 (paper cover).
The text is available in different formats. When purchasing hard copy of the textbook, make sure it comes with the access code for the Achieve, the Learning Management System, that is required for this course. You can also buy the Achieve access code directly through their web site, which comes with an e-book version ofthe text.
Course outline
• The course will cover Chapters 1-5 and 7-9 ofFeenstra-Taylor textbook.
• Although the lectures will generally follow the textbook, they will depart occasionally. All additional material will be included in the slides and lectures. The most priority should be on lecture slides and then the text.
• Supplementary readings will be posted on the Moodle site. The supplementary readings will serve more than a single purpose. They will find real world examples of some of the concepts we discuss in class. They will also include written work by leading economists on topics that offers new evidence and interpretation of the models and debates presented in class.
Evaluation
• The course grade will be based on on-line quizzes (10%), the midterm test (40%) and the final exam (50%). Ifthe average ofthe midterm and the final exam is 45 or less, the weight on quizzes become zero and the weights on each ofthe two tests become 45% and 55%.
• Under no circumstances I will shift the weights from midterm test/quizzes to the final exam.
• Quizzes: Starting with the second week of classes, there will be weekly on-line quizzes held on Achieve, a Learning Management System for which all students have to register (see instructions below). You will have a 5-day window to complete each quiz. Two quizzes with lowest grades will be excluded from calculating of the quiz grade component.
• The midterm test will be held on the following date:
o February 28 (Monday) at 1pm (Toronto time).
• Make-up midterm tests. Students who cannot attend the midterm test for a legitimate reason must inform me before the test and provide medical (or other) documentation within one week of the missed test in a manner required by the Faculty of Liberal Arts and Professional Studies. The makeup midterm test will be on March 7 at 1pm. Students who could not complete both the original and the make-up midterm tests must schedule an oral midterm test examination with me before the last week of the term. The oral test will be conducted over Zoom. Students who would not complete the midterm test by the last week of the term would receive a grade of zero for the midterm test and will not be allowed to write the final exam.
• The final exam will be scheduled later during the term by the Registrar’s office. The make-up final will be scheduled for some day in the Winter term. The second (and the following) make-up final will be oral conducted via Zoom.
• Practice problem sets and solutions to them will be posted after completion of each topic.
How to access your Achieve
Students are required to sign up for the Achieve in order to do on-line quizzes. Please follow the simple steps below to get started.
Go to:
https://sites.google.com/macmillan.com/w22-econ3150-section-n/home
• This is the course-specific web page where on-line quizzes will be posted. Bookmark the page to make it easy to return to.
• You can get the package of printed textbook and Achieve through York University bookstore, or you can get Achieve (with e-book) on its own. If you purchase the book elsewhere, you have to make sure you are buying a package with Achieve
• You can register to the Achieve following the link above. If you click on a link and go the course registration page, the system will navigate you through the steps. The registration comes with a 14 day free trial.
If you have any problems registering, purchasing, or logging in, please contact Technical Support. You can reach a representative 24 hours a day, 7 days a week: through the chat (https://macmillan.force.com/macmillanlearning/s/chat-with-us), or by phone at (800) 936-6899 (Mon. to Thu: 8am to 3am; Fri: 8am to 12am; Sat. 12pm to 8pm; & Sun. 12pm to 3pm).
Classes start / end Jan. 10 - April 10
Examination Period April 12-29
Reading week Feb. 19-25
Last date to add a course without / with permission of instructor Jan. 23/Feb. 7
Last date to drop course without receiving a grade Narch 18
Course Withdrawal Period (withdraw from a course and receive a ‘W’ on the transcript) March 19 - April 10
IMPORTANT COURSE INFORMATION
The Senate Committee on Curriculum & Academic Standards (CCAS) provides aStudent Information Sheetthat includes:
• York's Academic Honesty Policyand Procedures /Academic Integrity Web site
• Religious Observance Accommodation
Additional information:
• Academic Accommodation for Students with Disabilities
• Alternate Exam and Test Scheduling
• Grading Scheme and Feedback Policy
The Senate Grading Scheme and Feedback Policy stipulates that (a) the grading scheme (i.e. kinds and weights of assignments, essays, exams, etc.) be announced, and be available in writing, within thefirst two weeks of class, and that, (b) under normal circumstances, gradedfeedback worth at least 15% of thefinal gradefor Fall, Winter or Summer Term, and 30%for ‘full year’ courses offered in the Fall/Winter Term be received by students in all courses prior to thefinal withdrawal datefrom a course without receiving a grade.
• "20% Rule"
FACULTY OF LIBERAL ARTS AND PROFESSIONAL STUDIES
DEPARTMENT OF ECONOMICS
Guidelines for Deferred Standing
(Final exam and term work extensions)
A Deferred Standing (extension) is a process by which students who are either unable to write their final examination at the scheduled time or submit term work before the Faculty deadline to submit final grades reach an agreement with the course director for an extension to the deadline. The course director may grant deferred standing in the course. In doing so, a date is set for writing the exam or submitting the outstanding work. In order to qualify for Deferred Standing, a student must complete the standard Deferred Standing Agreement form. This form is available at the Office of the Registrar and the Economics Undergraduate Office (1144 Vari Hall).
Deadline:
Senate Policy states, “Normally requests for deferred standing must be communicated within one week following a missed examination or the last day to submit course work” (the period during which the University is officially closed for December holidays and statutory holidays is not counted in the determination of deadline days).
It is the responsibility of students to make arrangements with the course director to complete the course and file the Deferred Standing Agreement form with the appropriate departmental/unit office by the deadline specified on the form. Appropriate Documentation verifying the circumstances for the missed final examination must be provided at the time of requesting the Deferred Standing from the Course Director.
MEDICAL CIRCUMSTANCES:
Exams missed due to medical circumstances must be supported by an Attending Physician’s Statement downloadable from the York University’s registrar site (see the attached copy). The physician’s statement must include the following information:
i) Full name, mailing address, telephone number ofthe physician.
ii) State the nature of the illness and its duration (i.e., specific dates covered).
iii) An indication of whether the illness and/or medication prescribed would have SERIOUSLY affected the student’s ability to study and perform over the period in question.
NOTE: the physician’s office may be contacted to verify that the statement was actually completed by the physician.
NON-MEDICAL CIRCUMSTANCES:
Exams missed due to non-medical circumstances must be supported by appropriate documentation, i.e. death certificates, obituary notice, automobile accident reports, airline/bus ticket receipt for emergency travel (with the date of booking on the ticket), etc. Airline/train/bus ticket/receipts for emergency travel must indicate destination, departure, and return dates. Having to work at the time ofthe exam or non-emergency travels are not considered valid excuses for missing the exam.
Ifthe course director does not agree to consider requests for deferred standing students then may file a petition with the relevant Faculty-level committee for consideration within the established deadline.
2022-02-23