3:35 - 4:50 PM
Course Website: http://www.udel.edu/FREC/awokuse/web/FREC810_webpage.htm
Wednesdays 2:30 - 3:30 PM
This course introduces
students to the global economy and emphasizes the significance and
implications of government policies for trade in various
commodities. Specifically, students will learn about various
trade theories and develop an intuitive understanding of the
theoretical foundations of the economics of international agricultural
trade. Furthermore, the course would familiarize students with
current issues and empirical methods used in the analysis of trade
policies. Weekly course meeting time will be divided between traditional
and use of Problem-based Learning (PBL) techniques. This will
involve group-based activities such as problem solving, discussions,
and in-class presentations. Each student is encouraged to come to
class prepared to discuss previously assigned readings, problems and
To develop an
intuitive understanding of the theoretical foundations of the economics
students to the role of government and institutions in setting
agricultural trade policy.
familiarize students with current research trade issues and empirical
microeconomics and/or macroeconomics.
with differential calculus.
me if you do not have a background in microeconomics.
My lectures will not be limited to a
particular book. However, many
lectures during the first part of the course will be based on
recommended textbooks. Also, published journal articles from
agricultural economics and economics literature which will be assigned
in class at appropriate times.
Recommended (supplementary) references
R.C. (2003). Advanced
International Trade: Theory and Evidence.
Princeton Univ. Press.
D., and Field, A., and S. Cobb (2008). International Economics, 6th edition,
Hollander, A., and Vianne, J-M (2001). Applied International Trade Analysis.
Ann Arbor: University of Michigan Press. (BHV)
articles on various topics
Grading Procedures and Organizational
Attendance will not be taken but students are
expected to attend all
class sessions. If you have to miss a class, you are still responsible
for course material covered during the missed class period. It is
the student's responsibility to keep up with changes in the course
syllabus announced by the instructor.
Reading Assignments and Discussion Sessions: Reading assignments are listed in the course
outline. The expectation is that students will make every effort
to complete the assigned readings prior to the class
session for which they are assigned. Students who feel that they need
additional background in microeconomics and/or trade theory may wish to
do some supplementary readings. See the instructor for suggested
Students’ active participation through questions and comments during
class sessions is highly encouraged.
Assignments: There will be problem sets and research assignments to
be completed and turned in on the specified dates. Written
assignments will be due at the beginning of class on the specified
dates. Late assignments will be penalized a letter grade unless a
written excuse is provided.
Exams: Three tests will
administered during the term. The exams may include essay
questions and problems. No make-up exams will be
scheduled except under serious extenuating circumstances and only with
the instructor’s prior approval.
Policy: Students are encouraged to work together in solving
homework assignments. However, copying from another student’s
answers is not permitted. Each student is responsible for
reading and abiding by the rules as outlined in the University of
Delaware student handbook:
Tests & Grading Procedures: Overall course grade will be based on three
exams, and other assignments as given by the instructor. The following
weights and scale will be used for the overall grade.
56-60 51-55 0-50
HW Assignments (Articles review,
Problems Sets, etc.)
In-Class Presentations / Discussions
Exam Dates (subject to
1st Test: Wed., Oct. 2,
2013 2nd Test: Wed.,
Oct. 30, 2013 3rd
Test: Wed. Dec.
Term Paper: Friday.,