ECON 490 - Topics in Microeconomics
Winter 2017, Section 002 - Trade and Financial Globalization
Instruction Mode: Section 002 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Requirements & Distribution:
Waitlist Capacity:
Enforced Prerequisites:
ECON 401 (completed with a minimum grade of C- or better); OR Graduate standing.
Advisory Prerequisites:
STATS 250, or ECON 249, or STATS 426, or ECON 451.
May be elected twice for credit. May be elected more than once in the same term.
Primary Instructor:


The course covers the tools of practical international economics, and uses them to study globalization-related topics. The topics covered include but are not limited to (i) determinants of international trade and capital flows across countries and the impact of policies such as trade agreements in international trade; (ii) the relationship between international trade and economic growth and development; (iii) financial globalization and its consequences. The course touches on theory but is based on reading empirical research papers that use econometric estimation. Material will include tutorials in obtaining basic cross-country data, and on using the statistical software Stata.

For students unaccustomed to writing in English, a concurrent WRITING 119 (1 credit) through the Sweetland Writing Center is strongly encouraged. There is no textbook for the course. Most readings are available online through U-M library.

Course Requirements:

The course requires a term paper that identifies a research question and carries out an original research project that uses econometric estimation. The grade is based on the term paper, intermediate writing assignments, two midterm exams, and an in-class presentation.

Intended Audience:

The course is intended for advanced economics majors with an interest in economic analysis or related fields.

ECON 251 (or equivalent) prior to taking this course or ECON 452 or 454 concurrently with the course is strongly encouraged.

The course develops the research tools used by economists in the major international policy institutions such as the World Bank, International Monetary Fund, central banks such as the Federal Reserve and the European Central Bank, as well as think tanks such as the Brookings Institution or the Peterson Institute for International Economics.

Class Format:

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ECON 490 - Topics in Microeconomics
Schedule Listing
001 (LEC)
 In Person
TuTh 10:00AM - 11:30AM
002 (LEC)
 In Person
TuTh 10:00AM - 11:30AM
003 (LEC)
 In Person
TuTh 2:30PM - 4:00PM

Textbooks/Other Materials

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Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

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