The International Economics
Study Center

Online Survey of International Economics Course

This Survey Course provides a one-semester introduction to international trade and international finance issues at an intermediate level. It is the latest version of the course I have taught at GW for the past several decades. Each of the 14 modules includes a classroom lecture video, links to associated online readings, problems and answer keys, and supplementary related readings. Presentation slides for each lecture are currently being added. Instructors are welcome to use this material freely in their own courses. Students can self-study or use this to supplement their understanding of international economic issues.

About this Site

The International Economics Study Center was created by Steve Suranovic in 1997 to provide useful information related to international trade, international finance and other economic issues of the day. Resources available include an online textbook covering standard topics in International Trade and Finance. and a complete Online Survey of International Economics course. Click on Course Materials above to gain access the the online text.. A more updated and professionally served textbook is available in online, PDF and hardcopy versions at affordable prices at Flat World Knowledge.

Working Papers

Selected Opinion Articles

GW's Institute of International Economic Policy

The Institute of International Economic Policy (IIEP) serves as a catalyst for high quality, multi-disciplinary, non-partisan research on policy issues related to economic globalization. The Institute research program develops academic analysis and effective policy options at a time of growing controversy about international economic integration around the world.

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This site was created and is maintained by Steve Suranovic, an Associate Professor of Economics and International Affairs at The George Washington University in Washington, DC.


 

 

 

The Ethical Economics Study Center

The Ethical Economics Study Center was created by Steve Suranovic in 2019 to highlight the importance of ethical behavior in facilitating improvements in economic efficiency. The website distinguishes self-interested behavior from greedy behavior and shows why greed results in inefficient outcomes. Soon, the site will unveil an online full-semester Principles of Microeconomics course with a new approach that includes a heavy emphasis of the role of ethics in economics.

Books

A Moderate Compromise: Economic Policy Choice in an Era of Globalization - by Steve Suranovic (Palgrave McMillan, 2010)
This book offers an approach to globalization policy choice that applies three simple principles to determine actions and argues that these principles are consistent with people's fundamental concerns across the ideological spectrum. The book motivates the need for this mechanism by arguing that traditional policy choice methods (e.g. cost benefit analysis et. al.) are more likely to spark divisiveness than to result in a large consensus of support.

A Moderate Compromise Excerpts

Chapter 1 - Introduction

Chapter 2 - Why Economic Theory can't tell us what to do about Policy

Chapter 3 - Why Empirical Data can't tell us what to do about Policy

Chapter 4 - Why Fairness can't tell us what to do about Policy

Chapter 5 - Why Democracies won't choose the Best Policies

Chapter 6 - The Pursuit of Profit

Chapter 7 - Involuntary Transfers

Chapter 8 - Voluntary Exchange and Competition

Chapter 9 - Voluntary Transfers

Chapter 10 - A New Guide to Policy Choice in an Era of Globalization

Chapter 11 - A Policy Plan for the US