Readings

The readings in this course are from the following three sources:

[MIM] = Rigobon, Roberto. Managerial International Macroeconomics (PDF - 4.1MB). (Preliminary and incomplete, March, 2016).

[FT] = Feenstra, and Taylor. International Economics. Worth Publishers, 2014. ISBN: 9781429278423.

[JG] = Gruber, Jonathan. Public Finance and Public Policy. Worth Publishers, 2015. ISBN: 9781464143335.

SES # TOPICS Cases, Readings, and Videos
BBNN Framework
1 PROMISE (Part I)  
2 BBNN: Internal and External Adjustment [MIM] Chapter 8: BBNN: Basic (PDF).
3 Short Run Adjustment: ASAD Rotemberg, Julio J. “Japan: Betting on Inflation?” Harvard Business School Case. Harvard Business School Publishing. Case: 9–714–040, January, 2014.
4 Automatic Adjustment and External Account Measurement

Alfaro, Laura, Rafael Di Tella, et al. “The U.S. Current Account Deficit.” Harvard Business School Case. Harvard Business School Publishing. Case: 9–706–002, July, 2005.

[FT] Chapter 16: National and International Accounts.

5 Shocks to BB and NN [MIM] Chapter 9: BBNN: Shocks (PDF).
6 Social Peace Line and Political Cycles

Di Tella, Rafael M., and Eliseo Neuman. “Menem and the Populist Tradition in Argentina.” Harvard Business School Case. Harvard Business School Publishing. Case: 9–700–061, March, 2000.

[MIM] Chapter 11: BBNN: Social Peace (PDF).

7 Environmental Restriction Line [MIM] Chapter 12: BBNN: Sustainability (PDF).
8 Offshoring Exercise

Yoffie, David B., and Heather A. Hazard. “New Theories of International Trade.” Harvard Business School Case. Harvard Business School Publishing. Case: 9–390–001, July, 1989.

[MIM] Chapter 14: Trade: Comparative Advantages (PDF - 1.2MB).

[FT] Chapter 2: Trade and Technology: The Ricardian Model.

Economic Policy
9 Fish Banks and Pareto Efficiency Donald N. Stengel “Managerial Economics- Concepts and Principles 8-Market Regulation.”  Harvard Business Review. Harvard Business School Publishing. Case: BEP076, June 15, 2011.
10 Market Faillure: Natural Monopolies: Natural Resources

[MIM] Chapter 18: Preliminaries on Public Finance.

11 Market Faillure: Crime, Corruption, and Institutions  
12 Market Faillure: Public Goods: Social Security

Besanko, David, and Saahil Malik. “Reforming Social Security Around the World.” Harvard Business Review. Harvard Business School Publishing. Case: KEL493, March 25, 2010.

[JG] Chapter 7: Public Goods: Problems and Solutions.

[JG] Chapter 13: Social Security.

13 Market Faillure: Public Choice: Democracy [JG] Chapter 9: Implementing Public Goods: Political Economy and Public Choice.
14 Market Faillure: Externalities: Lobsters and Taxes

Debaere, Peter. “A Framework to Think About Pollution: Externalities, Pollution Taxes, and Cap and Trade.” Harvard Business Review. Harvard Business School Publishing. Case: UV5687. April 26, 2011.

[JG] Chapter 5: Externalities: Problems and Solutions.

[JG] Chapter 6: Externalities in Action: Environmental and Health Externalities.

15 Market Faillure: Unaceptable Outcomes: Poverty and Inequality

Krugman on Piketty:
Krugman, Paul. “The Piketty Panic,” The New York Times, April 24, 2014.

Solow on Piketty:
Solow, Robert M. “[Thomas Piketty Is Right](http://www.newrepublic.com/article/117429/capital-twenty- first-century-thomas-piketty-reviewed).” New Republic, April 2014.

Summers on Piketty:
Summers, Lawrence H. “The Inequality Puzzle.” Democracy, no. 33 (2014): 696.

[JG] Chapters 12 and 17.

New Technologies
16 New Technologies: Cryptocurrencies

Video

Khan Academy. “Bitcoin: What is it?” May 3, 2013.

17 New Technologies: Payment Systems  
18 New Technologies: Economic Measurement  
19 PROMISE (Part II)  
20 Life through Others

Video

TEDx Talks. “How Will You Measure Your Life?” July 17, 2012.

Course Info

Learning Resource Types

notes Lecture Notes
assignment Written Assignments
menu_book Online Textbook