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Terry
D. Monson |
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INSTRUCTOR: |
Terry Monson, 116 |
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PHONE: |
487-3174 |
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E-MAIL: |
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TEXT: |
Sawyer and
Sprinkle, International Economics, 2nd edition |
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OFFICE HOURS: |
MTWR 11:00 – 12:00 |
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PREREQUISITES: |
EC3001 or
equivalent |
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Contact Information |
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Email: tmonson@mtu.edu |
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Phone: 487-3174 |
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Office: 116 Academic Office Building
and later 105 Academic Office Building |
IMPORTANT DATES
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Quiz One |
Monday, July 9 (in-class) |
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Quiz Two |
Monday, July 16 (in-class) |
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Quiz Three |
Monday, July 23 (in-class) |
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Quiz Four |
Monday, July 30 (in-class) |
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Quiz Five |
Monday, August 6 (in-class) |
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Quiz Six |
Monday, August 13 (in-class) |
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Quiz Seven |
Friday, August 17 (take-home) |
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Please advise your
instructor if you find questions for which you think the identified correct
answer is, in fact, incorrect |
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Sample
Questions on the HOS and Other Trade Models (chs. 3-5) |
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Sample
Questions on Tariffs and Nontrade Barriers (chs. 6-7) |
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Sample
Questions on Trade Policy and Preferential Trading Arrangements (chs. 8-9) |
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Sample
Questions on Balance of Payments Accounts and Foreign Exchange markets (chs.
11-12) |
Power Points
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Micro Portion
(Trade Theory) |
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Macro Portion
(BoP and XRs) |
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Research Interests
Currently, my research involves investigation of monopsonistic
practices in the determination of university faculty salaries. Other research
activity focuses on the impacts of anti-dumping actions on
Teaching Interests
My primary teaching interest is EC3100
International Economics. This course is required for SBE majors and is often
elected by non-SBE majors. It is a policy-oriented course intended to provide
an understanding of current international economic issues (such as
I believe that the ultimate aim of a course is student learning and that a
good teacher is one who provides every opportunity for students to learn,
understand, and apply course material. Good teachers not only present course
material but facilitate student learning of this material through applications,
relevant examples, and frequent testing. In my EC3100 classes, I allow students
to take "second chance" tests to improve their performances. Students
can take these second chance tests and have their scores averaged with their
scores on their first attempt at the tests. On average, this procedure has
raised the average GPA of the class by about 0.15 since it was instituted.
Student reactions have been uniformly positive.
My educational
background includes a Ph.D. in international economics (1972) and a M.A. in
economics (1968) from the
My career has
involved extensive international experience as a student, teacher, researcher,
and consultant. Besides my two years in Saudi Arabia, I spent the summer of
1965 as an undergraduate at the University of Nssuka (Nigeria), traveled
extensively in Turkey and West Germany during 1970-71 collecting data for my
Ph.D. dissertation, spent six months in France in 1972 for language training,
taught two years in the Ivory Coast, revisited the Ivory Coast in the summer of
1978 as a consultant for the National Bureau of Economic Research, and
consulted for the World Bank in Liberia during the summers of 1979 and 1980. I
took advantage of these overseas opportunities to visit most countries on the
Arabian Peninsula and in western Africa and Europe, as well as
As a native of
the
Links
The
Dismal Scientist
St. Louis Fed
Resources
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Chicago
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Dr. T's
Economics Links
Jokes about economists
Exchange Rates
US
International Trade Commission