Global Economics/ECO 600 Schedule of Work

3/6 Intros/Computer Lab for second session of class Discuss Chapters 1 and 2 of text (read before first class) The Evolving Globalization 3/13 Discuss Chapters 3, 4, and 5 Limits to Growth? Population, Food and Resources ejps Reviews The Global Warming Ruse Stopping Global Warming in Africa Ending the 55 MPH Speed Limit The Central Importance of Normal Profit in Policy Analysis 3/20 Discuss Chapters 6 and 7 The Price Mechanism and Other Structures of Global Systems #1 Oral Presentations of Article Reviews ejps Reviews The Third World War Sadaam Scam The China Question It's Reagan's Economy, Stupid 3/27 Discuss Chapters 8 and 9 The Geometry of Industrialization #2 Oral Presentations of Article Reviews ejps Reviews African Spring Consequences of Sustainable Development Clinton's War on Russia The Benefits of Immigration 4/10 Discuss Chapter 10 Technology Transfer #3 Oral Presentations of Article Reviews ejps Reviews Sorting Out IMF Funding Abolish the IMF Arms Prob the IMF? 4/17 Discuss Chapters 11 and 12 Trade Regimes #4 Oral Presentations of Article Reviews ejps Reviews Sudan and the IMF IMF Needs Reform Agr Export and the IMF 4/24 Final Exam Matching Test Drawn from terms at end of each chapter of text Book Reviews Due Research Project Due Case Study Reports Due

Instructor's Bio

Ron Ziegler has taught Economics at Detroit College of Business since 1987. He is also adjunct professor of Political Science at Wayne State University where he is currently writing his dissertation to secure a PhD, has both Bachelor and Master degrees in Political Science from Wayne and has taught with Detroit Board of Education since 1967.

Contacting Instructor

Due to the brevity of the term, it may become essential for the student to contact the instructor at times other than the few scheduled Saturday sessions. Those who have access to the internet through AOL can reach me anytime I am on line by instant messaging me at If you do not have AOL connection, email to that address is perhaps the next fastest way to contact me. I can also be reached by phone by calling my home office number 1.810.775.3364 and leaving a message. If there is anything I can do about your message, I will call you back as soon as it is possible to do so. The student may also leave a voice mail message in my campus phone mailbox which I will checking twice a week during the term. Since I am only on campus for most of the term on Friday evenings and Saturdays, please take advantage of these ways to contact me for assistance as needed.

Grading Instruments

There will be five grading instruments employed in this course, with each one making up 1/5 or 20% of the final course grade. That grade will be an average of those five grades, with A representing outstanding work B representing acceptable performance C not representative of graduate level performance

Final Exam 20 % Research Project 20 %

Select ONE of the Topics for Discussion from the end of text chapters and develop a full blown research design of it.

Book Review: 20 %

Read and Critically Compare any of the following sets of books (500 words): 1)Earth in the Balance by Al Gore and Heated Debate by Robert Bolling Environmental Gore ed by John Baden or Hot Talk, Cold Science by S. Fred Singer 2)Theory of Population by Thomas Malthus Population Matters by Julius Simon 3)Limits to Growth by Meadows, et al (Report for the Club of Rome) The Ultimate Resource by Julius Simon 4) How the West Grew Rich by Rosenberg and Birdzell The Myth of the Robber Barons by Burton Folsom 5)The Industrial Revolution and Free Trade ed by Burton Folsom Africa In Chaos by George Ayittey 6)Money and the Nation State ed by Dowd and Timberlake Less Than Zero by George Selgin 7)Centuries of Economic Endeavor by John Powelson (Parallel Paths in Japan and Europe and Their Contrast with the Third World) The Noblest Triumph by Tom Bethell (Property and Prosperity Through the Ages) 8)The Roosevelt Myth by John Flynn Science and the Founding Fathers by J. Bernard Cohen

Article Reviews 20 %

Five written Weekly Reviews of ejps articles/200 word critical reviews (Select one from each set) To be e mailed to instructor by Thursday before each scheduled class (or posted on a web page created for this by student with guidance from instructor) The two case studies submitted in report form(these may be found in the back of textbook)

Oral Reviews/Class Involvement 20 %

Four oral examinations by each student Two from list of articles located in DCB/Warren Library Two from list of articles not found in DCB Library

DCB Library Articles

Bhagwati, Hasass, et al Can Asia Recover? For Aff May/June 98 Cooper Why Kyoto Won't Work For Aff Mr/Apr 98 Feldstein Asia Fallout/IMF Errors For Aff Mar/Apr 98 Funabashi, Kristof, Carpenter Asia on the Edge For Aff Nov/Dec 98 Haimowitz The Longevity of Expansions Economic Review Fourth Qtr 98:83-4 Hoenig Asian Financial Crisis Economic Review Fourth Qtr 98: 83-2 Holtz Introduction of Euro Needs More Hard Work Business Economist 1998: 29-3 Hornstein Inventory Investment and the Business Cycle Economic Quarterly Spg 98:84-2 Huntington, Samuel (1993) The Clash of Civilizations For Aff 72:78-88 Krugman, Paul Depression Economics Returns For Aff Jan/Feb 99 Krugman, Paul Does Third World Growth Hurt First World Prosperity? Harvard Business Review July/Aug 94 Krugman, Paul and Weber The End of the Business Cycle? For Aff Ju/Au 97 Krugman, Paul Myths and Realities of US Competitiveness Science (Nov) 811-815 Mahler, Halfdan (1980) People Scientific American 243:66-77 Ohmae, Kenichi (1993) The Rise of the Region State For Aff 72:78-88 Yavlinsky Russia's Phony Capitalism For Aff May/June 98

Articles in Journals not found in DCB Library

Balassa, Bela (1979) The Changing Pattern of Comparative Advantage in Manufactured Goods Review of Economics and Statistics (May)259-266 Baldwin, Robert (1979) Determinants of Trade and Foreign Investments Review of Economics and Statistics (Feb) 40-48 Bauer, P.T. and B.S. Yamey (1951) Economic Progress and Occupational Distribution Economic Journal 61:741-755 Cable, V.(1995) The Diminished Nation-State Daedalus 124:23-54 Chameidas, W. L. et al (1994) Growth of Continental-Scale Metro-Agri-Plexes, Regional Ozone Production, and World Food Production Science 264:74-77 Dunning, John (1995) What's Wrong -- and Right -- with Trade Policy? The International Trade Journal (Summer) 163-202 Evans, Lloyd T. (1980) The Natural History of Crop Yield American Scientist 68:388-397 Foote, Nelson and Paul Hatt (1953) Social Mobility and Economic Advancement American Economic Review 63:364-7 Kontratiev, N.D. (1935) The Long Wave in Economic Life The Review of Economic Statistics 17:105-15 Leontief, Wassily (1953) Domestic Production and Free Trade: The American Capital Position Re-examined Proceedings of the American Philosophical Society (Sept) Lucas, Robert (1988) On the Mechanics of Economic Development Journal of Monetary Economics 22:3-42 Macdougall, G.D. (1951) British and American Exports: A Study Suggested by the Theory of Comparative Costs Pt 1 Economic Journal (June19) 697-724 Romar, Paul W. (1986) Increasing Returns and Long Term Growth Journal of Political Economy 94:1002-1037 Samuelson, Paul (1948) International Trade and the Equalization of Factor Prices Economic Journal (June) 163-184 Smil, Vaclav (1994) How Many People Can the Earth Feed? Population and Development Review 20:255-292 Vernon, R. (1966) International Investmentand International Trade in the Product Cycle Quarterly Journal of Economics 80:190-207 Young, Allyn (1928) Increasing Returns and Economic Progress Economic Journal 38:527-542 Young, Steve et al (1994) Multinational Enterprise and Regional Economic Development Regional Studies 28:657-678