becn 9801 international economics major project – winter 2018
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BECN 9801
International Economics
Major Project – Winter 2018
PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY
The purpose of this project is for you to prepare a summary report on the paper by the Economist
magazine. The links to these articles have been posted below. Please let me know if you have any issues
accessing them. The paper you prepare should be structured in the following manner:
a. Summarise the main argument or thesis of the report. In effect, a precis. (20%)
b. Discuss in detail how the report incorporates (directly or indirectly) three key theories we
have discussed in class. This is designed for you to understand how these theories are
evident in practice (40%)
There are the theories in class..
c. What are the implications of the developments mentioned in the articles to the global
economy. Here you should present your opinion (20%)
https://www.economist.com/news/united-states/21736554-threat-inflation-less-worrying-some-investorsthink-what-will-result
https://www.economist.com/news/finance-and-economics/21737030-foray-uncharted-fiscal-territorycarries-risks-future-how
theories
1. The Stolper-Samuelson theorem
2. The Heckscher-Ohlin model
3. Tariffs
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