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Economics
World Trade An Overview (International Finance)
World Trade An Overview (International Finance)
Before entering into a series of theoretical models that explain why countries trade across borders and the benefits of this trade, this lecture considers the pattern of world trade that we observe today. The core idea of the lecture is the empirical model known as the gravity model. The gravity model is based on the observations that (1) countries tend to trade with nearby economies and (2) trade is proportional to country size. The model is called the gravity model, as it is similar in form to the physics equation that describes the pull of one body on another as proportional to their size and distance.
Learning Objectives of lecture:
Describe how the value of trade between any two countries depends on the size of these countries’ economies and explain the reasons for that relationship.
Discuss how distance and borders reduce trade.
Describe how the share of international production that is traded has fluctuated over time and why there have been two ages of globalization.
Explain how the mix of goods and services that are traded internationally has changed over time.
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World Trade: An Overview Lecture Lecture Power Point Presentation
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Introduction to International Economics
Labor Productivity and Comparative Advantage - The Ricardian Model (International Finance)
Labor Productivity and Comparative Advantage - The Ricardian Model (International Finance)
The Ricardian model introduces international trade theory. This most basic model of trade involves two countries, two goods, and one factor of production, labor. Differences in relative labor productivity across countries give rise to international trade. This Ricardian model, simple as it is, generates important insights concerning comparative advantage and the gains from trade. These insights are necessary foundations for the more complex models presented in later chapters.
Learning Objectives of lecture:
Explain how the Ricardian model, the most basic model of international trade, works and how it illustrates the principle of comparative advantage.
Demonstrate gains from trade and refute common fallacies about international trade.
Describe the empirical evidence that wages reflect productivity and that trade patterns reflect relative productivity.
By purchasing this resource, you will get:
Labor Productivity and Comparative Advantage - The Ricardian Model Lecture Power Point Presentation
Test bank for Labor Productivity and Comparative Advantage - The Ricardian Model with all answers
1 file with useful notes for instructor
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Introduction to International Economics
World Trade An Overview (International Finance)
Introduction to Managerial Economics and Strategy Test Bank and Assessment
Introduction to Managerial Economics and Strategy Test Bank and Assessment
This test bank and assessment to the Introduction to Managerial Economics and Strategy Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Introduction to Managerial Economics and Strategy Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Introduction to Managerial Economics and Strategy Test Bank will help you to check students’ knowledge on the following objectives:
Managerial decision makin
o Profit
o Trade offs
o Other decision makers
o Strategy
Economic models
o Simplifying assumptions
o Testing theories
o Positive and normative statements
o New theories
Introduction to Managerial Economics and Strategy Test Bank and Assessment contains 40 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Consumer Choice Test Bank and Assessment
Consumer Choice Test Bank and Assessment
This test bank and assessment to the Consumer Choice Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Consumer Choice Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Consumer Choice Test Bank will help you to check students’ knowledge on the following objectives:
Consumer preferences
Utility
The budget constraint
Constrained consumer choice
Deriving demand curves
Behavioral economics
Consumer Choice Test Bank and Assessment contains 70 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Production Test Bank and Assessment
Production Test Bank and Assessment
This test bank and assessment to the Production Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Production Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Production Test Bank will help you to check students’ knowledge on the following objectives:
Production functions
Short-run production
Long-run production
Returns to scale
Innovation
Production Test Bank and Assessment contains 127 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Empirical Methods for Demand Analysis Test Bank and Assessment
Empirical Methods for Demand Analysis Test Bank and Assessment
This test bank and assessment to the Empirical Methods for Demand Analysis Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Empirical Methods for Demand Analysis Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Empirical Methods for Demand Analysis Test Bank will help you to check students’ knowledge on the following objectives:
Elasticity
Regression analysis
Properties and statistical significance of estimated coefficients
Regression specification
Forecasting
Empirical Methods for Demand Analysis Test Bank and Assessment contains 85 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Supply and Demand Test Bank and Assessment
Supply and Demand Test Bank and Assessment
This test bank and assessment to the Supply and Demand Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Supply and Demand Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Supply and Demand Test Bank will help you to check students’ knowledge on the following objectives:
Demand
Supply
Market equilibrium
Shocks to the equilibrium
Effects of government Interventions
When to use the supply and demand model
Supply and Demand Test Bank and Assessment contains 130 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Costs Test Bank and Assessment
Costs Test Bank and Assessment
This test bank and assessment to the Costs Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Costs Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Costs Test Bank will help you to check students’ knowledge on the following objectives:
The nature of costs
Short-run costs
Long-run costs
The learning curve
The costs of producing multiple goods
Costs Test Bank and Assessment contains 115 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Firm Organization and Market Structure Test Bank and Assessment
Firm Organization and Market Structure Test Bank and Assessment
This test bank and assessment to the Firm Organization and Market Structure Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Firm Organization and Market Structure Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Firm Organization and Market Structure Test Bank will help you to check students’ knowledge on the following objectives:
Ownership and governance of firms
Profit maximization
Profits over time
The make or buy decision
Market structure
Firm Organization and Market Structure Test Bank and Assessment contains 80 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Monopoly Test Bank and Assessment
Monopoly Test Bank and Assessment
This test bank and assessment to the Monopoly Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Monopoly Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Monopoly Test Bank will help you to check students’ knowledge on the following objectives:
Monopoly profit maximization
Market power
Market failure due to monopoly pricing
Causes of monopoly
Advertising
Internet monopolies, network effects and scale economies
Monopoly Test Bank and Assessment contains 82 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Competitive Firms and Markets Test Bank and Assessment
Competitive Firms and Markets Test Bank and Assessment
This test bank and assessment to the Competitive Firms and Markets Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Competitive Firms and Markets Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Competitive Firms and Markets Test Bank will help you to check students’ knowledge on the following objectives:
Perfect Competition
Competition in the short run
Competition in the long run
Competition maximizes economic well being
Competitive Firms and Markets Test Bank and Assessment contains 98 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Pricing with Market Power Test Bank and Assessment
Pricing with Market Power Test Bank and Assessment
This test bank and assessment to the Pricing with Market Power Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Pricing with Market Power Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Pricing with Market Power Test Bank will help you to check students’ knowledge on the following objectives:
Conditions for price discrimination
Perfect price discrimination
Group price discrimination
Nonlinear price discrimination
Two-part pricing
Bundling
Peak-load pricing
Pricing with Market Power Test Bank and Assessment contains 137 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Oligopoly and Monopolistic Competition Test Bank and Assessment
Oligopoly and Monopolistic Competition Test Bank and Assessment
This test bank and assessment to the Oligopoly and Monopolistic Competition Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Oligopoly and Monopolistic Competition Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Oligopoly and Monopolistic Competition Test Bank will help you to check students’ knowledge on the following objectives:
Cartels
Cournot oligopoly
Bertrand oligopoly
Monopolistic competition
Oligopoly and Monopolistic Competition Test Bank and Assessment contains 84 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Game Theory and Business Strategy Test Bank and Assessment
Game Theory and Business Strategy Test Bank and Assessment
This test bank and assessment to the Game Theory and Business Strategy Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Game Theory and Business Strategy Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Game Theory and Business Strategy Test Bank will help you to check students’ knowledge on the following objectives:
Oligopoly games
Types of Nash equilibria
Information and rationality
Bargaining
Auctions
Game Theory and Business Strategy Test Bank and Assessment contains 84 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Strategies Over Time Test Bank and Assessment
Strategies Over Time Test Bank and Assessment
This test bank and assessment to the Strategies Over Time Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Strategies Over Time Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Strategies Over Time Test Bank will help you to check students’ knowledge on the following objectives:
Repeated games
Sequential games
Deterring entry
Cost and innovation strategies
Disadvantages of moving first
Behavioral game theory
Strategies Over Time Test Bank and Assessment contains 67 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Global Business Test Bank and Assessment
Global Business Test Bank and Assessment
This test bank and assessment to the Global Business Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Global Business Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Global Business Test Bank will help you to check students’ knowledge on the following objectives:
Reasons for international trade
Exchange rates
International trade policies
Multinational enterprises
Outsourcing
Global Business Test Bank and Assessment contains 72 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Government and Business Test Bank and Assessment
Government and Business Test Bank and Assessment
This test bank and assessment to the Asymmetric Information Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Asymmetric Information Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Government and Business Test Bank will help you to check students’ knowledge on the following objectives:
Market failure and government policy
Regulation of imperfectly competitive markets
Antitrust law and competition policy
Externalities open-access, club, and public goods
Intellectual property
Government and Business Test Bank and Assessment contains 106 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Managerial Decision-Making Under Uncertainty Test Bank and Assessment
Managerial Decision-Making Under Uncertainty Test Bank and Assessment
This test bank and assessment to the Managerial Decision-Making Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Managerial Decision-Making Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Managerial Decision-Making Test Bank will help you to check students’ knowledge on the following objectives:
Assessing risk
Attitudes toward risk
Reducing risk
Investing under uncertainty
Behavioral economics and uncertainty
Managerial Decision-Making Test Bank and Assessment contains 116 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!
Asymmetric Information Test Bank and Assessment
Asymmetric Information Test Bank and Assessment
This test bank and assessment to the Asymmetric Information Topic which is covered by Managerial Economics and Strategy Module Students will help you to assess your student on this topic. Asymmetric Information Test Bank contains different types of questions such as:
Test type questions;
True-False questions;
Open ended / Essay type questions.
Questions of Asymmetric Information Test Bank will help you to check students’ knowledge on the following objectives:
Adverse selection
Reducing adverse selection
Moral hazard
Using contracts to reduce moral hazard
Using monitoring to reduce moral hazard
Asymmetric Information Test Bank and Assessment contains 113 questions which will fully cover assessment process and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank is in the WORD format which will let you make any adjustments if required.
Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!