国际经济学 第一章(精品·公开课件).pptVIP

Carbaugh, Chap. 1 Copyright ?2002, South-Western College Publishing International EconomicsBy Robert J. Carbaugh10th Edition Chapter 1: The International Economy and Globalization Forerunner curriculum and Preparation knowledge Forerunner : International Trade, International Finance, Microeconomics, Macroeconomics Preparation knowledge: Supply and demand curve, production possibilities schedules, opportunity cost, indifference curve, consumer surplus, producer surplus, demand and supply elasticity NI, IS-LM Model Carbaugh, Chap. 1 * 1.1 Globalization of Economic Activity 1.2 Waves of Globalization 1.3 The Importance of Globalization 1.4 Common Fallacies of International Trade 1.5 International Competitiveness 1.6 Advantages and Disadvantages of Globalization Carbaugh, Chap. 1 * Carbaugh, Chap. 1 * 1.1 Globalization of Economic Activity Economic interdependence reflects the historical evolution of the world’s economic and political order. Process: 1950’s European Community 1960’s multinational corporations 1970’s Organization of Petroleum Exporting Countries 21’st Euro Economic interdependence Globalization is the process of greater interdependence among countries and their citizens. It include economic elements and noneconomic elements—political , technological, cultural elements. Carbaugh, Chap. 1 * Carbaugh, Chap. 1 * Forces driving globalization Technological change: Productivity Communication information Transportation Multilateral trade negotiations --Tariff, non-tariff barrier reductions Global production of multinational corporations (e.g. production of car) Economic interdependence Carbaugh, Chap. 1 * Leading trading partners of China, 2007 Economic interdependence Value of trade Percentage of Country ($ bill) total value European Union $4255.8 16.6 U.S 3337.4 13.0 Japan 2667.9 10.4 ASEAN 2311.2 9.0 Hongkong 2036.7 8.0 South Korea 1861.1 7.3 Taiwan 1292.2 5.0 Austra