Here are the topics we covered in the class:

– State of the World, Why Economic Freedom is Vital

– Wealth Creation and Economic Growth

– Basic Trade Concepts

– Specialization and Comparative Advantage

– History of Trade / Interaction of trade and globalization

– Potential Problems/Fears of Trade/Globalization’s detractors

– Cost and Reasons of Trade Restrictions

– Trade Issues Discussion

– Do Restrictions Work?, Special Interests & Reducing Restrictions

– Currency Exchange Markets, Value of money

– Currency Exchange Systems, History

– Macro policy impact on exchange rates

– Balance of Payments/Current Accounts/Capital Movement

– EU Debt Crisis – EU and Euro

– China’s future and influence

– Immigration Policy; econ and morality

– NGOs: WTO, IMF, World Bank

– Role of Aid, Growth Models

– History of International Development Aid

– International Development Aid- a new perspective

– How do we help the 3rd world?

– What about culture?

Here are the texts we were assigned in class:

– In Defense of Global Capitalism – Johan Norberg
– The Choice – Russell Roberts
– The Elusive Quest for Growth – William Easterly

My professor is a pretty big free markets economist and a Christian.

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