International economic environment
May not be offered in 1995
Professor Max Kreinin
6 points * First semester * Clayton * Prerequisites: A first year subject in the principles of micro and macroeconomics
Objectives On completion of this subject students should understand the basis and gains from international trade in goods, services and assets, the determination of exchange rates and the effects of trade policies.
Synopsis An overview of the institutional and economic context for business enterprises in the world trading environment. Topics covered include international financial relations, international trade in goods and services, exchange rates and their determination, trade policy and instruments, and international and regional trade organisations.
Assessment Written (class participation, class assignments): 40% * Examination (3 hours): 60%
Prescribed texts
Kreinin M International economics: A policy approach Harcourt Brace Jovanovich, 6th or 7th edn