Kumu / Econ & Trade

International Economics & Trade

Trade, tariffs, and exchange rates — learned by actually importing a product. Your team finds a product on Alibaba, prices it against Amazon, brands it, and sells it to your classmates. Every classmate gets $200 to spend. Highest net profit wins extra credit.

Undergrad · 2 milestones Team project · AI + GitHub workflow 2 presentations · peer-reviewed Profit contest: qty sold × profit/unit

Stage 0 — get GitHub working, before the project

The whole project lives in a shared repo: research, brand system, listing, model, both decks, and the prompt log all move by branch → pull request → review → merge. That stops dead if one teammate cannot commit and push, so every member gets GitHub working before the first milestone below — not on the night of it.

It comes in two parts: the account, then the workspace.

Part 1 in full: the Git mechanics walkthrough

Start Here → Git mechanics walks the whole workflow once: local versus remote, add → commit → push in the desktop app and on the command line, editing files straight on github.com, and fixes for the mistakes everyone makes the first time. Read it before part 2 — the workspace page assumes you can already save work to a repo, and does not re-teach the mechanics.

The team project — import something real

The rules are simple and the economics are not: find a low-cost wholesale product with a high retail price, survive the tariff, and convince 24 classmates to spend their $200 budget on your product instead of every other team's. Two 5-minute presentations carry the grade; a shared GitHub repo carries the work.

Deliverables & grading (unchanged from the syllabus)

DeliverableFormatWeight
Shortlist — top 3 candidate productsEmail to Prof. Stauffer
Final product + priceEmail to Prof. Stauffer
Presentation #1: Sales5 min to class + email2.5 pts
Presentation #2: Unit Economics5 min to class + email5.0 pts instructor + 7.5 pts peer review
Forms & surveys (3)At presentation time−0.5 each if missing (max −1.5)
360 intrateam peer reviewSurveyMultiplier on your team score
Profit contestQuantity sold × profit per unitExtra credit: 3 / 2 / 1 pts for top 3 teams

Market rules: each student gets $200 to spend on other teams' products. Don't price above $200 (nobody can buy it); be careful pricing very low (you'd need huge volume). Your classmates are your entire economy — that constraint does more teaching than any lecture.

How the team repo works

One GitHub repo per team — the same discipline as the Micro/Macro team case and the Performance Ratios portfolio repo. Slides, research, the brand system, the listing, the model, and the prompt log all live there and move by branch → pull request → teammate review → merge. No email attachments between teammates, ever.

FolderWhat lives there
README.mdThe brief: shortlist, final pick, and a profit hypothesis before you model anything
research/Amazon top-5 and Alibaba top-5 prices — every number backed by a screenshot
brand/design.json (your brand as data) + design-system.html (the one-page gallery)
listing/The fake Amazon listing — a real page, live on GitHub Pages
model/unit-economics.xlsx — landed cost, margin, scenarios
presentations/Both decks, branded from design.json
prompt-log.md · reflection.mdEvery meaningful AI session; what AI got wrong and how you caught it

Practice first

Interactive lab

Econ Policy Lab

Impose a tariff on a live supply-and-demand model and watch who really pays it — the incidence question your Presentation #2 must answer for your own product.

Field guide

AI Tools Lab

The field guide to coding LLMs: chat vs "code" tools, web vs desktop vs CLI, and why giving the AI your repo is the single biggest upgrade. Read it before your first AI build session.

AI tutor

Kumu knows this course

Ask the ✳ tutor to stress-test your product pick against the $200-budget market, explain landed cost, or play a skeptical classmate who doesn't want your dryer balls. Log the session — that's your prompt log.

House rules

Verify everything

AI drafts, humans verify: every price gets an Amazon/Alibaba screenshot, every tariff rate gets checked at hts.usitc.gov. An unverified number in a deck costs more than it saves.