INTL 102: Economics, Politics, and InternationalChange

Heidi McNamara

University of California, San Diego

h1hall@ucsd.edu

January 6, 2016

Heidi McNamara INTL 102: Week One Section

Who Am I?

Heidi McNamara

Email: h1hall@ucsd.edu

Office Hours: Tuesdays 11-1

Office: SSB 343

Heidi McNamara INTL 102: Week One Section

Grades and such

I MidtermI 30% of gradeI Short-answer IDs and 1 essay

I FinalI 50% of gradeI Short-answer IDs and 2 essays

I Section ParticipationI 20% of grade

I 8% Weekly Reading QuizzesI 12% Attendance and Participation

Heidi McNamara INTL 102: Week One Section

Goals and Expectations

Heidi McNamara INTL 102: Week One Section

Big Questions

1. What explains differences in economic growth rates acrosscountries and over time?

2. What explains the distribution of wealth and income acrosscountries and within them?

3. What is the relationship between globalization, economicgrowth, and the distribution of wealth?

Heidi McNamara INTL 102: Week One Section

Key Concepts: Arbitrage and the Law-of-One-Price

Heidi McNamara INTL 102: Week One Section

Key Concepts: Home-country Bias

Heidi McNamara INTL 102: Week One Section

Key Concepts: “Golden Age,” 1870-1914

Heidi McNamara INTL 102: Week One Section

Key Concepts: “Interwar Backlash,” 1919-1939

Heidi McNamara INTL 102: Week One Section

Key Concepts: Technological Change and Globalization

Heidi McNamara INTL 102: Week One Section

Discussion Questions

1. Is globalization a new phenomenon?

2. How can we adjudicate how far globalization has proceeded?(hint: two methods) Using these metrics, how globalized doyou think we are today?

3. What technological advances have spurred globalization? Arethese enough to guarantee the continued interdependence ofthe world economy?

Heidi McNamara INTL 102: Week One Section