国际金融15188.ppt

国际经济学 2009年秋季学期 刘程 南开大学国际经济贸易系 liucheng@ Course Materials Textbook 佟家栋，高乐咏《国际经济学》，南开大学出版社，2000 Reference Krugman, Obsfeld, International Economics: Theory and Policy, 6e; D.Salvatore, International Economics, 8e; 普格尔，林德特，《国际经济学》，十一版，经济科学出版社; 薛敬孝，佟家栋，《国际经济学》，高教出版社； 李坤望，张伯伟，《国际经济学》，高教出版社 Database and reference resources http://www.UNCTAD.org …… Grading Problem Set/mid-Quiz/Participation 30% Final Exam (close-book) 70% Chapter 1 Introduction Preview What is international economics about? Gains from trade Explaining patterns of trade The effects of government policies on trade International finance topics International trade versus international finance What Is International Economics About? International economics is about how nations interact through trade of goods and services, through flows of money and through investment. International economics is an old subject, but it continues to grow in importance as countries become tied to the international economy. Nations are more closely linked through trade in goods and services, through flows of money, and through investment than ever before. What Is International Economics About? (cont.) International trade as a fraction of the national economy has tripled for the U.S. in the past 40 years. Compared to the U.S., other countries are even more tied to international trade. Fig. 1-1: Exports and Imports as a Percentage of U.S. National Income Fig. 1-2: Exports and Imports as Percentage of National Income in 2005 Recession and Trade Growth of Trade GDP Gains from Trade Several ideas underlie the gains from trade When a buyer and a seller engage in a voluntary transaction, both receive something that they want and both can be made better off. Norwegian consumers could buy oranges through international trade that they otherwise would have a difficult time producing. The producer of the oranges receives income that it can use to buy the things that it desires. Gains from Trade (cont.) How could a country that is t