Start from 1980

Chapter 413
Going to the door of the classroom, Su Chen took a deep breath and cheered himself up, while Miranda and Avril went in first and found a seat inside to sit down.

Afterwards, Professor Brown patted Su Chen: "Dude, I believe you can do it."

"Of course, I have always believed that I can do it." Su Chen nodded.

The two walked into the classroom. Professor Brown and Su Chen walked on the podium. The classroom was crowded with people, at least a hundred people.

When they saw a guy with yellow skin and black hair suddenly appear on the podium, these Massachusetts students were stunned for the first time, but they didn't boo.

"Students." Professor Brown said first, "I believe you have recently seen two books on economics from Harvard Business School Press, and the person standing next to me is the author of these two books."

"He comes from the mysterious ancient China and is also an international student of Harvard. Today, I invite him to give you two lectures. I hope we can discuss interesting economic topics together."

After speaking, he took the lead in applauding.

Miranda and Avril applauded, and other students also applauded.

After the applause fell, Professor Brown said again: "Su, I will hand over the podium to you. I believe you can bring us some interesting topics."

"Thank you." Su Chen nodded, facing the more than 100 people in the classroom, he said: "Thank you for giving me the opportunity, and thank Professor Brown for always inviting me. To be honest, I have never dared to come to Massachusetts."

"Because this is a pioneering leading university in high-tech and advanced research in the world, and it is also the seat of the world's science and engineering elites. I am afraid that if I fail to speak well, it may destroy the old professor's job."

He picked up the chalk and wrote a line on the blackboard: re-understanding the causes of international trade.

Today he plans to talk about two things.

① Consider the impact of strategic interaction on the export market.

② Discuss the impact of strategic interaction in the domestic market.

"Students, today I intend to discuss with you on the assumption that domestic companies in a country's market have market power and compete with foreign companies that have market power.

Discuss how the trade policy imposed by the government affects the behavior of companies and the results of market operations, that is, the issue of "strategic export trade policy". "

Teacher Su talked freely on the blackboard without any stage fright.

"For the issue of strategic export trade policy, based on the Brand-Spense model, I analyze the impact of the entry of firms in an oligopoly market on trade policy choices and the oligopoly behavior of "consensus speculation".

The possibility of manufacturers entering further weakens the role of export subsidies in promoting imports and exports, and strengthens the role of export taxes in encouraging imports and exports. At the same time, it is "consistently speculated" that this oligopoly behavior is the best for free trade. "

As he spoke, he wrote down another model of trade protection to promote exports on the blackboard.

Because these things are not just talking about it, you have to come up with convincing examples, otherwise you are just talking nonsense.

……

In class, no one questioned it, because what Mr. Su said was something they hadn't been exposed to before, and Krugman and Obstfeld hadn't raised these things yet.

However, what Su Chen said was from the shallower to the deeper, and he used a lot of examples to illustrate.

The students did not raise their hands to ask questions, but Professor Brown raised his hands several times, asking questions like a student.

Su Chen answered his questions very seriously.

The duration of a class is five to ten minutes. After talking for almost an hour, the bell rang.

Su Chen said: "Okay, students, this class will end here. I don't know if you will still have class in the next class. Let's dismiss get out of class first."

"Su, the next class is also my class. You have to teach two consecutive classes." Professor Brown packed up the things he had recorded in class, and said, "Come on, buddy, go to my office for tea first."

"it is good."

Su Chen nodded, and greeted Miranda and Avril to go to Professor Brown's office together.

Professor Brown asked the teaching assistant to pour a few cups of coffee, and then said: "Man, although your model is based on the Brand-Spense model, it can be seen from this model that the marginal cost of domestic companies is the same as the marginal cost of foreign companies. The cost is negatively correlated, and the cost of foreign companies can be increased through tariff protection.”

"What should the selection of the best trade policy tools look like under the existing model of imperfect competition?"

After hearing Professor Brown's words, Su Chen said with a smile: "Professor, that is the content of the next class. If I tell it now, what will I talk about in the next class?"

"Well, it seems that I can only hear your theory in the next class, but buddy, you speak very well." Professor Brown continued: "I have a strong premonition just like that old fellow Ayler. , that is, you will definitely be a person who becomes a doctor directly from a graduate student."

He said: "The papers you published before are no longer the research scope of a graduate student. To be honest, I really want you to come to Massachusetts to take classes. Dude, if you don't want to return to China after graduation, you can consider coming to Massachusetts to take classes. "

"Professor, I am sent abroad by the government, so after I get the certificate, I have to go back to China to work." Su Chen said with a smile: "When my work in China is over, I will be freer then."

Professor Brown nodded: "That's true."

After drinking coffee, took a break, went to the bathroom again, and then started the second class.

Compared with the previous class, there were more people asking questions in this class, but no one jumped out and slapped them in the face. The things everyone asked were within the scope.

And the questions asked are getting more and more profound. Fortunately, Teacher Su is by no means in vain.

Solve those problems easily.

It is a good thing to have questions, if there are no questions.

That either means that no one understands his courses, or that his courses are not interesting to everyone.

"I think that the government can pursue a policy of protecting every industry until the cost of that industry has come down to an advantage in the world market."

Su Chen looked at the time, and then said: "Everyone, our class ends here today. If you are interested in what I mentioned, you can take a look at the papers I published."

"Or you can wait for my upcoming book, which is also about economics. I hope we can discuss some interesting topics together so that the subject of economics can flourish."

Just when the bell rang for the end of get out of class, he said, "Then let's end get out of class."

Everyone started to pack their things for get out of class, but Teacher Su didn't have anything to pack. He just relied on the memory in his head and the chalk in his hand to complete the [-]-minute class.

And it happened to be meal time, Professor Brown said: "Su, there are two girls, I think you can come to our cafeteria to taste Massachusetts food, I believe it will give you a different experience, and then I will take you What do you think of visiting Massachusetts?"

Su Chen and the two girls had no objection to this proposal, and went to the cafeteria to eat together. After eating, they visited the school one by one under the leadership of Professor Brown.

After all, the Boston campus of the University of Massachusetts is jointly formed by two universities with a history of [-] years - the University of Massachusetts and Boston State College. It is the only public university in the Boston area, so there are many places to visit.

After shopping, we went back to our respective houses and looked for our respective mothers.

Professor Ayler specially came to wish him a successful conclusion of his lecture in Massachusetts, accompanied by Professor Brown, and others also called to wish him well.

It is as grand as winning the Nobel Prize in Economics.

Professor Brown said, just hold a reception this weekend and forget it.

For this proposal, Su Chen directly refused, because he was very busy and really didn't have time to attend any receptions and the like, and his book had to be finished and delivered to the Harvard Business School, maybe several professors would also Join the jury.

Since Su Chen said so, Professor Brown did not insist.

Time passed by, and soon, another week passed, and the weekend came.

This morning, someone knocked on the door...

(End of this chapter)