3. Identify the gains from trade a country enjoys when it participates in world markets

4. Discuss why, even though a country will gain overall from trade, some groups/individuals within a country may not gain as much as others, or may even become worse off

5. Analyze the effects of government policies on trade flows and economic wellbeing

6. Describe in detail the trade patterns/policies of one specific country. (This will be in a short end-of- semester capstone project.)

Organization

This course includes 12 lessons.

For each lesson, you will complete the following activities and assignments:

Explore online course content

· Read a few assigned readings

Answer practice questions

In addition, you will complete reading quizzes, drawn entirely from the textbook. Six problem sets –

inspired largely from the lecture materials – will be completed on an alternating weekly cycle. An end-of    semester capstone project will have you examining the trade patterns/policies of a particular country. You will also take two midterm exams and one comprehensive final exam.

Online Learning and Attendance

This course has been developed to promote asynchronous learning. The instructor and students do NOT meet on a designated day and time each week. For each lesson, there is a timeframe to complete all

activities and assignments, and you may work at your own pace within that timeframe. However, you

must adhere to the due dates outlined on the Calendar. (Due dates can also be viewed under the

Syllabus tab.) You should loginto the course daily to check for updates, review lessons, and participate in activities.

Texts and Other Materials

There is one required text.

Robert C. Feenstra and Alan M. Taylor. International Trade, 3rd edition or later. Worth Publishers. 。This class is not specific to any one version of the text. The text is currently in its 5th edition.

Slightly older versions are still acceptable if you can find them for sale, new or used. The following ISBNs are acceptable:

3rd edition: 978-1429278447

4th edition: 978-1319061739

5th edition: 978-1319218454

Other required article readings and videos will be posted to the course website.

You will need to have regular access to a scanner for exams. You will submit these by completing    your work on paper (such as drawing graphs) and then scanning your papers to create an electronic file and submitting the electronic file to the appropriate dropbox on the course website. Please make sure to familiarize yourself with the submission procedure and the appropriate deadlines.

Library Services

Penn State Libraries provides a wide variety of services and resources. To learn how to take advantage, refer to the Online Student Library Guide (http://guides.libraries.psu.edu/onlinestudentlibraryguide)at http://guides.libraries.psu.edu/onlinestudentlibraryguide. This guide serves as your starting point for access to all that Penn State Libraries can offer you as an online student. Use this guide if you have questions on library services offered to you, how the library can help you, how to use the library, or what resources you can access via the library! The guide will connect you to important pages and resources   within Penn State Libraries and save time from you searching for the information you need.

Due Dates

Please be aware that Canvas follows the Eastern Time (EST) time zone. Assignment due dates adhere to this time zone, and it is your responsibility to submit them accordingly. If you are outside of the EST   time zone, you can set your Canvas account to sync to it. Refer to the Set a Time Zone article in the Canvas Guide (https://community.canvaslms.com/docs/DOC-2891) at https://community.canvaslms.com/docs/DOC-2891 (https://community.canvaslms.com/docs/DOC- 2891) .

All assignments are due by 11:59 PM Eastern Time on the date indicated on the Calendar. (Due dates can be also be viewed under the Syllabus tab.) Assignments will be available for submission until 4:00 AM Eastern Time the following day, but any submissions made between 11:59 PM and 4:00 AM will be marked late and points may be deducted at the instructor's discretion, up to and including all points, resulting in a zero. As a general rule, you will NOT be able to go back and make up missed assignments.

It is your responsibility to keep up with your assignments. Students with an excused absence (e.g., hospitalization, jury duty, family emergency, or military service) may be asked to produce proper documentation in order to make up graded work. All make-up work is at the discretion of the instructor.

Veterans and currently serving military personnel and/or spouses with unique circumstances (e.g.,    upcoming deployments, drill/duty requirements, disabilities, VA appointments, etc.) are welcome and encouraged to communicate these, in advance if possible, to the instructor in the case that special    arrangements need to be made.

Notes

To Do List: Some assignments may not appear in the To Do list under the Home tab. Use the Calendar or Syllabus to ensure that you are fully aware of assignment due dates.

Midterm

Exams                         40%

ASSIGNMENT

WEIGHT

GROUP

Discussions (20%)

There are six discussions due throughout the semester. These will give students an opportunity to explore the economic concepts covered in this course in terms of real-world examples.

Quizzes (10%)

There are ten quizzes made up of multiple choice questions. These are based on the readings only. The lowest two quiz scores will be automatically dropped at the end of the term.

Midterm Exams (2*20% = 40% total)

There are two midterm exams. These exams will be short answer questions, similar to those of the

ungraded practice problem sets. You will need to write, scan, and upload your answer document into the exam. These questions will be a mix of quantitative and short essay. Midterm 2 will only explicitly ask

questions on material covered after Midterm 1. The exams will be based predominantly on lecture materials.

Final Exam (20%)

At the end of the semester, you will take a comprehensive final exam. The exam covers all lessons from the course, but with an emphasis on the lessons after the second midterm exam. The exam format will   be the same as the midterms, with a mix of quantitative/short answer and essay questions.

Capstone Project (10%)

During the final week of the semester, you will write a short essay on a (somewhat) randomly selected

country. You will be asked to describe trade flows and recent trade policies of your country, and in

particular relate your research on that country to the theoretical principals we have discussed at length in class.

Extra Credit (1%)

There will be a single quiz early in the course, made up of multiple-choice questions, based on an optional reading.