Final Exam

Date:  Saturday January 5th
Time:  1:00PM to 3:30PM
Rooms: 
Men - B-1-022
Women - B2-019

Ch 14 Global Production, Outsourcing, and Logistics

Ch 13 Export Import Countertrade

Ch 12 Entering Foreign Markets

What would Saudi Arabia be like in ten years if every 10-year old had one of these today?

Exam 3 Review

November 12th Notes

Dollar to SAR rate
FOREX
Spot - Liquidity
Futures - Hedge - Insurance - Date and Rate

Inflation
Cause - Printing faster than production
Effect - Prices increase.

World War II
Germany Inflation
U.S. Deflation

What is Money?

Bloomberg Financial Exchange

I like the Bloomberg Currency website.
Check this out and see how to get rates and see how the SAR is valued:

http://www.bloomberg.com/markets/currencies/

Foreign Exchange Market

Please review the Foreign Exchange Market page on Wikipedia:

http://en.wikipedia.org/wiki/Foreign_exchange_market

We'll have some questions on Wednesday.

FDI Decision Tree

FDI in India - Pros and Cons

See article on Saudi Gazette
http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20121106141965

Prepare to talk about in class.

Dr. Gale

Sites to View for Quiz

Take a look at these two sites:

GCC
 http://www.gcc-sg.org 

 GCC on Wikipedia

http://en.wikipedia.org/wiki/Cooperation_Council_for_the_Arab_States_of_the_Gulf 

 Be prepared for a quiz on these sites.

Lecture 11 Regional Economic Integration

Lecture 10 More on FDI

Lecture 9 FDI

Lecture 8 Politics and Economics

Lecture 7 Ethics

Country Presentations

Presentations will start Monday 24 December
Australia - Badr Al-Ibrahim
Brazil - Jay Al-Pooley
China - Alahout Alanoud
Germany - Omar Alkabbani
Japan - Reem
Qatar - Ahmad M. Al-Najjar
Turkey - Abdullah Bamoyaddam
UAE - Rabee Mghrabi
Venezuela - Abdullah Al-Taleb

Lecture 6 Culture

30 Questions

1. What does Yabut mean?
2. What is more important, intentions or consequences?
3. The price was 50 SR last year and 80 SR this year. What is the percentage change?
4. The price was 120 SR last year and 90 SR this year. What is the percentage change?
5. What is opportunity cost?
6. What is globalization?
7. What is Comparative Advantage?
8. When you compare reality to utopia, who loses?
9. Do you have to be better at doing something in order to have a comparative advantage?
10. What is sunk cost?
11. What three things do economists think about regarding global economic growth?
12.  Name three things that are necessary for a market system to start working.
13. What three things do economists believe are true for most people most of the time?
14. Is economics a soft science or a hard science?
15. What does optimize mean?
16. If you change a person’s incentives, what else usually changes?
17. What is more important, your goals or your incentives?
18. What is wealth?
19. What is containerization?
20. Where is the iPhone made?
21. According to Angus Maddison, when did the world start getting wealthy?
22. Does Prince Alwaleed face any economic problems? 
23. Economics is the study of what?
24. What is protectionism?
25. We live in a world of _______ wants and ________ resources.
26. How can you predict someone’s behavior?
27. How can you lift a person out of poverty?
28. If A = 10 + 5B, then what is A when B is 5?
29. If D = 5 + 3Q and S = 25 - 2Q, at what Q does D = S?
30. According to the Cost-Benefit Principle, when should I stop doing something?

Lecture 5 Political Economy

310 lecture 5 from Gale Pooley

Lecture 4 Protectionism

310 lecture 4 from Gale Pooley

Light Innovation

What is Containerization?

Lecture 3 Comparative Advantage

Quiz 1

310 quiz 1 from Gale Pooley

Lecture 2 Globalization Innovation Trade Specialization

310 lecture 2 from Gale Pooley

Lecture 1 Scarcity and Choice

310 Introduction from Gale Pooley

I, Smartphone