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1、Econ357(Fall2010):FirmsandInternationalTradeSyllabusInstructor:ThomasChaneyOfficelocation:Rosenwald,318HEmail:tchaney@uchicago.eduPhone:773-702-5403Classwebsite:home.uchicago.edu/tchaney/teaching.htmlOfficehours:byarrangement.CourseoutlineThiscourseisanadvancedcourseinInternationalTrade.Itistar
2、-getedatsecondyearPhDstudents.Itispartofasequenceineconomicgrowthandinternationaltrade,andwillbefollowedbyNancyStokey’s"TopicsinEconomicGrowth"course,andSamKortum’s"QuantitativeAnalysisinInternationalTrade"course.TheclasswillmeetonTuesdaysandThursdaysfrom10:30AMto11:50AMinRosenwald329.Thisc
3、ourseintroducesstudentstothetheoriesofinternationaltrade,withaspecialemphasisontheroleoffirms.Afteranintroductiononkeyempiricalregularitiesandtraditionaltheoriesofinternationaltrade,wemoveontostudythemostrecentworkininternationaltrade:tradefromthepointofviewofindividualfirms.First,wewilltryan
4、dunderstandthedeterminantsofthedecisionoffirmstoexportornot,whichforeignmarkettoenter,theroleofheterogeneitybetweenfirmsinshapingthosedecisions,andtheaggregatebehaviorofaneconomypopulatedwithsuchheterogeneousfirms.Second,wewillstudythedeterminantsofthesizedistributionoffirms,astheheterogeneityi
5、nsizeisthekeynovelingredientofmodernmodelsoffirmsandinternationaltrade.Third,wewillstudyrecentadvancesontheconnectionbetweeninternationaltradeandwageinequality.Firnally,wewillstudythe1internationalorganizationofproduction,focusingonrecentmodelsofoff-shoring,outsourcingandforeigndirectinvestme
6、nt.GradingThegradewillbebasedclassparticipation,weeklyreports,andanoralpresentation.Weeklyreports:everyweek,foreachnewpaperthatwewillcoveratlengthinclass,studentsshouldsendmeabriefcommentbyemailontheeveningbeforetheclass(include"ECON357"inthetitleoftheemail).Thecommentshouldconsistofasummar
7、yofthepa-per,2or3paragraphsatmost.Youshouldbrieflydescribethemainidea/contributionofthepaper.Fortheoreticalpapers,Iexpectaver-balsketchofthemodel,describingthestepsinthereasoning,andthegeneralityofthemodel.Forempiricalpapers,youshoulddescribetheempiricalp