Syllabus ECON6341 70

ECON 6341-70, Seminar in International Economics and Economic Development
Instructor: John Francois (Nana)


Online class; no lecture times.
Office: 336C
Office Hours:  Tuesdays and Thursdays 11:00 AM to 3:00 PM
                        Wednesdays 9:00 AM to 11:00 AM

Office Phone:                                     806-651-4357

Social Media: Keep up with the latest happenings of your COB on Facebook and Twitter, connect with us on LinkedIn, and check out COB videos on YouTube. You can also keep up with the WT Economics Club through their Facebook account.



Terms of Use
A student's continued enrollment in this course signifies acknowledgment of and agreement with the statements, disclaimers, policies, and procedures outlined within this syllabus and elsewhere in the WTClass environment. This Syllabus is a dynamic document. Elements of the course structure (e.g., dates and topics covered, but not policies) may be changed at the discretion of the professor. Any changes made will take effect 48 hours after the announcement of a change.

WTAMU College of Business Mission Statement
The mission of the College of Business is to provide high quality undergraduate and graduate business education with a global perspective and ethical awareness. We accomplish this through emphasis on excellence in teaching, which is strengthened by faculty scholarship and supported by professional service.

Learning Objectives of the WTAMU College of Business Programs
The College of Business (COB) at West Texas A&M University (WTAMU) seeks to prepare students in the Bachelor of Business Administration (BBA), Master of Business Administration (MBA), Master of Professional Accounting (MPA), and the Master of Science, Finance and Economics (MSFE) degree programs for careers in business and to foster their professional growth and advancement via key learning goals and objectives.


The learning objectives of the College of Business are as follows:

Course Description

The world is consistently becoming highly integrated. The goal of this course is to provide you with an appreciation for and an understanding of international economics and the process of economic development (in both high and low countries). We will cover topics such as comparative advantage, tariffs, trade agreements, multinational enterprises, and aspects of development. We will cover 4 units consisting of 2-3 chapters with three (3) exams, and two (2) projects assigned on Economic Development in the 4th Unit. Exercises will be given for practice. These exercises will be grades.

Course Materials

All course materials listed here are required.

Required Text:

Robert Carbaugh, International Economics, 15th Edition, South-Western Cengage Learning, 2014. You may buy or rent a hard copy of the book from the WTAMU Bookstore, Amazon,, etc. Pursue whatever option works best for you, your budget, and your preferences to get access to the textbook


The Paradox of Capital Flight from Capital-Starved Continent by Elizabeth Asiedu, John Francois & Akwasi Nti-Addae

World Bank Seminar Series: Global Issues Facing Humanity: An Introduction to Global Issues by Dr. Vinay Bhargava, Director, International Affairs, The World Bank

Data Tool for Analyses:


Spreadsheet for data Analysis:

Word Processor



Map from COB Learning Objectives to Specific Course Objectives

Course Learning Objectives

COB Learning Goal

Course Assessment

  • Explore modern globalization and regional trading agreements
  • Understand comparative advantage and its basis for international trade


4. Business Integration


Through individual exam and assignments.
Chapter 1-3

  • Analyze tariffs and nontariff trade barriers
  • Review recent international trade policies and regulation


3. Critical Thinking

5. Global Business Environment


Through individual exams and assignments.
Chapter 4-5
Chapter 6-7

  • Examine multinational enterprises and international factor movements


5. Global Business Environment


Through individual exams and Reading.
Chapter 8-9

  • Analyze/discuss economic development measures and trends for world regions and specific countries by using WDI data


2. Communication
3. Critical Thinking


Assignments from Reading and
Individual Projects






Course Grading Policies

Course Component


Development Economics Project I
Development Economics Project II


Exam (15%  x  3 exams)




Grade Scale:





It is the responsibility of the student to keep up with their own course grade based on this system. Check BlackBoard for your overall grade and contact your professor if you need help determining where you stand in the course. 

Course Assignment, Examination, and or Project Policies

Exams:                                                 Three exams will take place in this course. The Course Topics section of this syllabus indicates the chapters that each exam will cover. Exams will be given online on WTClass (Blackboard) according to the following schedule (all times listed are CST and times will not adjust for your time zone):
Exam 1: February 2, to February, 4 due at 11:45PM covering Chapters 1-3
Exam 2: February 17, to February, 19 due at 11:45PM covering Chapters 4-5
Exam 3: March 10, to March, 12 due at 11:45PM covering Chapters 8-9
Each exam will be out of 100 points and will constitute 15% of the final course grade with exams altogether accounting for 45% of the final course grade.
Development Economics Projects:  There will 2 projects on the Economic development at the latter part of the course. Topics on the project will be made available in due time.
Exercise:                                              There will 2 to 4 exercises on practical topics on International Economics and Development Economics. The exercises are designed to expose you to how to employ data for simple analysis on global trade and development issues. Although the exercises will be graded, they will also help you practice for your projects in Economic Development.



Course Topics - Tentative Due Dates on Assignments and Readings.



                Happy Spring Break J!! 3/13-3/17                       


All early work is accepted and appreciated. No late work will be accepted.

Additional Course Policies
Please note you can use your text and any notes you have made on the exams, quizzes, and assignments, however there is absolutely no collaboration allowed on any work in this course. Any evidence of collaboration with anyone in or outside the course will result in severe penalties for Academic Misconduct. I include artificial intelligence in the definition of “some one”, so do not contact IBM’s Watson either.

WTAMU COB Student Code of Ethics
Each student enrolled in COB courses accepts personal responsibility to uphold and defend academic integrity and to promote an atmosphere in which all individuals may flourish.  The COB Student Code of Ethics strives to set a standard of honest behavior that reflects well on students, the COB and West Texas A&M University.  All students enrolled in business courses are expected to follow the explicit behaviors detailed in the Student Code of Ethics.

Code of Ethics

materials in papers, projects, or other assignments.

Students violating the Student Code of Ethics will be reported to the Dean’s office and are subject to penalties described in the West Texas A&M University Code of Student Life, which may include suspension from the University.  In addition, a violator of the Student Code of Ethics may become ineligible for participation in student organizations sponsored by the COB and for recognition for College academic honors, awards, and scholarships.

COB Student Resources Link

The COB has developed a Student Resources repository (e.g., APA writing style information, business core reviews, facilities, and other helpful supplements), which can be found on the COB Website. Additionally, WTAMU has developed an Academic Study Skills information site to assist students (e.g., study habits, supplemental instruction, tutoring, writing and math skills), which can be found on the WTAMU Website. For WTAMU Writing Center information (for students needing writing assistance, guidance, and feedback), please visit their website.

COB Communications Component
Students earning a BBA degree must complete at least one course with a communications component as part of the business core requirements. The COB communications component is a requirement in the following courses:  ACCT 4373 (Accounting Communications), BUSI 4333 (Cross-Cultural Issues in Business Communications), BUSI 4350 (Current Issues in Management Communications), BUSI 4380 (Conflict Resolution and Negotiation), BUSI 4382 (Emerging Media Law), CIDM 3320 (Digital Collaboration and Communication), ECON 4370 (Economics of Health Care), FIN 3350 (Personal Financial Planning), FIN 4320 (Investments), FIN 4321 (Portfolio Theory), MGT 3335 (Organizational Behavior), MGT 4380 (Conflict Resolution and Negotiation), andMKT 3342 (Consumer Behavior).

Students in a communications component course are explicitly required to demonstrate knowledge of communication skills. Specific objectives may include but are not limited to the following concepts put forth by the National Business Education Association: (1) ability to organize a written and an oral message coherently and effectively, (2) ability to use technology for communication, (3) ability to research a topic, prepare a report, and present the findings to all organizational levels, and (4) ability to demonstrate critical-thinking skills. Specific course requirements and the role of the communications component with respect to student grading policy are at the discretion of the course instructor of record.

Student Travel Opportunities
In multiple business courses, there may be opportunities for student travel supplemented by student fees. If you have an interest in such opportunities as they become available, please notify a faculty member.

Dropping/Repeating the Course
Should a student decide to drop the course, it is the student’s responsibility to be aware of the final drop dates and adhere to the WTAMU Add/Drop policy. Any student participating in the course after the WTAMU posted drop date will be considered active and a grade will be administered at the end of the course for that student. Students are charged a fee for any course attempted for a third or subsequent time at WTAMU other than a non-degree credit developmental course or exempted courses.

Scholastic Dishonesty
It is the responsibility of students and instructors to help maintain scholastic integrity at the University by refusing to participate in or tolerate scholastic dishonesty. Commission of any of the following acts shall constitute scholastic dishonesty. This listing is not exclusive of any other acts that may reasonably be said to constitute scholastic dishonesty: acquiring or providing information for any assigned work or examination from any unauthorized source; informing any person or persons of the contents of any examination prior to the time the examination is given in subsequent sections of the course or as a makeup; plagiarism; submission of a paper or project that is substantially the same for two courses unless expressly authorized by the instructor to do so; submission of a paper or project prepared by another student as your own. You are responsible for being familiar with the University's Academic Integrity Code, as well as the COB Student Code of Ethics listed in this document.

Academic Integrity
All work must be completed individually unless otherwise stated.  Commission of any of the following acts shall constitute scholastic dishonesty:  acquiring or providing information for any assigned work or examination from any unauthorized source; informing any person or persons of the contents of any examination prior to the time the exam is given in any subsequent sections of the course or as a makeup; plagiarism; submission of a paper or project that is substantially the same for two courses unless expressly authorized by the instructor to do so.  For more information, see the Code of Student Life.

Viewpoints/External Websites Disclaimer
The views expressed in this document, web-based course materials, and/or classroom presentations and discussions are those of the professor and do not necessarily represent the views of West Texas A&M University, its faculty and staff, or its students. Views expressed by students are likewise those of the person making such statements. It is understood and expected that each individual within this course will respect and allow individual difference of opinion.

Neither the professor, the COB, nor WTAMU are responsible for the content of external websites discussed in the classroom and/or linked to via online course materials, emails, message boards, or other means. Referred websites are for illustrative purposes only, and are neither warranted nor endorsed by the professor, COB, or WTAMU. Web pages change frequently, as does domain name ownership. While every effort is made to ensure proper referencing, it is possible that students may on occasion find materials to be objectionable for reasons beyond our control.

Acceptable Student Behavior
Classroom behavior should not interfere with the instructor’s ability to conduct the class or the ability of other students to learn from the instructional program (Code of Student Life).  Unacceptable or disruptive behavior will not be tolerated.  Students engaging in unacceptable behavior may be instructed to leave the classroom.  Inappropriate behavior may result in disciplinary action or referral to the University’s Behavioral Intervention Team.  This prohibition applies to all instructional forums, including electronic, classroom, labs, discussion groups, field trips, etc.

Technology Requirements
All technological requirements for the successful completion of this course are the responsibility of the student, including access to a working computer and or to a device with secure broadband Internet connection, data storage and retrieval, and state-of-the-art security. The student is responsible for all technological problems not related to WTAMU, including but not limited to equipment failures, power outages, and Internet breakdowns. Furthermore, students are responsible for all necessary technical and operational skills for completing this course, and for being familiar with WTClass (the Blackboard Learning System) both in a general sense and in a specific sense as pertaining to this course and any materials stored within. The professor is not responsible for any technical matters related to WTClass. Students must contact WTClass if they have problems accessing and/or using the WTClass environment.

Physical or Educational Access  - ADA Statement
West Texas A&M University seeks to provide reasonable accommodations for all qualified persons with disabilities. This University will adhere to all applicable federal, state and local laws, regulations and guidelines with respect to providing reasonable accommodations as required to afford equal educational opportunity.  It is the student's responsibility to register with Student Disability Services (SDS) and to contact faculty members in a timely fashion to arrange for suitable accommodations. Contact Information: Student Success Center, CC 106; phone 806-651-2335.

Title IX Statement

West Texas A&M University is committed to providing a learning, working and living environment that promotes personal integrity, civility, and mutual respect in an environment free of sexual misconduct and discrimination. Title IX makes it clear that violence and harassment based on sex and gender are Civil Rights offenses subject to the same kinds of accountability and the same kinds of support applied to offenses against other protected categories such as race, national origin, etc. Harassment is not acceptable. If you or someone you know has been harassed or assaulted, you can find the appropriate resources

For more information, see the Code of Student Life.

WT Attendance Policy for Core Curriculum Classes
For the purposes of learning assessment and strategic planning, all students enrolled in Core Curriculum or developmental courses at West Texas A&M University must swipe their Buff Gold cards through the card reader installed in the classroom/lab for each class/lab meeting.

Evacuation Statement
If you receive notice to evacuate the building, please evacuate promptly but in an orderly manner. Evacuation routes are posted in various locations indicating all exits, outside assemble area, location of fire extinguishers, fire alarm pull stations and emergency telephone numbers (651.5000 or 911). In the event an evacuation is necessary; evacuate immediately do not use elevators; take all personal belongings with you; report to outside assembly area and wait for further information; students needing assistance in the evacuation process should bring this to the attention of the instructor at the beginning of the semester.

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All original content in this document, all web-based course materials (be they text, audio, and/or video), and/or classroom presentations are subject to copyright provisions. No distribution without the express written consent of the author. Students are prohibited from selling (or being paid for taking) notes during this course to or by any person or commercial firm without the express written permission of the professor.

* Syllabus template approved by COB Curriculum Committee May 2016.  Annual review of the syllabus is a formal part of the COB continuous improvement process.