This syllabus will provide the basic reference for your studies of International Economics, this term. You will find a brief statement of our purpose and responsibilities, an overview of the course, and a complete schedule, including lecture and discussion topics, reading assignments, and examination questions. You will determine your success in this course, as in life. Early and consistent application will assure the success to which you aspire. Sloth will be rewarded appropriately, too.

Responsibilities and Expectations of this Course

The focus of this course will be International Economics. However, you should not be anxious about having a modest background in the study of economics. The principles are very intuitive and you can learn them in an international economics course. Of course, there are special topics, unique to international trade and finance. Accordingly, we will introduce the reasons for international transactions, the effects tariffs, taxes, and other barriers to trade, the mechanics of foreign exchange markets, and the causes of exchange rate movements. We will complete the course with a discussion of the influence of international linkages on domestic economics stability and policy.

This course has been planned to facilitate your learning. There will be two hour tests and a short paper assignment, to provide regular evaluation of your progress and to help you to consolidate your understanding of the material . There will one comprehensive examination at the end of the term, covering all topics. You will be expected to complete all assignments as scheduled. No dishonesty will be tolerated. You are encouraged to study together, but all tests and exercises must be the exclusive work of the student submitting the paper. To facilitate thorough preparation, all test questions are appended to this syllabus. This procedure reduces anxiety and encourages co-operative learning. However, students should also recognize that the opportunity for preparation lowers my tolerance for superficial or sloppy work.

I assume that you are mature adults, who recognize your personal responsibility for your success and your duty to the people of California who are subsidizing your education. Accordingly, you will attend class, study a minimum of three hours per week, and take your tests as scheduled. Reasonable exceptions are: job requirements, family responsibilities, and personal illness. Otherwise, there will be no special accomodations.

Your Course grade will be based on your total points earned:
85-100 = A; 70-84 = B; 50-69 = C; 40-49 = D; < 40 = F
1) You will receive 0-10 points for each test question:
A+ = 10, A = 9, B+ = 8, B = 7, C+ = 6, C = 5, C- = 4, D+ = 3, D = 2, D- = 1, F = 0 Your eight test answers will be averaged and will contribute 80% of your grade. 2) Your exercise be graded similarly and will contribute 10% of your grade.
3) Attendance will be 10% of your grade.
4) You may be dropped after nine hours of absence from class.

Our Text will be: Kreinin, International Economics, 8th edition
You should also read either the Economist or US News & World Report each week. They are available in all libraries; subscriptions are available.