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|
|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.
|7||Environmental Restriction Line||[MIM] Chapter 12: BBNN: Sustainability (PDF).|
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.
[FT] Chapter 2: Trade and Technology: The Ricardian Model.
|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:
Solow on Piketty:
Summers on Piketty:
[JG] Chapters 12 and 17.
|16||New Technologies: Cryptocurrencies||
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||
TEDx Talks. “How Will You Measure Your Life?” July 17, 2012.