ECW2121

Economics of international trade and finance

(BUS)

Dr Gennadi Kazakevitch

6 points + 2-hour lecture and 1-hour tutorial per week + OCDL, approximately 12 hours per week + Second semester + Gippsland, South Africa + Prerequisites: ECW1102 and ECW2120, or equivalent

Synopsis: The pure theory of international trade. Trade and income distribution, economic growth and changes in trade, bases for trade and gains from trade. Trade policy. Tariffs, quotas, subsidies, import discrimination and other national policies affecting trade. The foreign exchange market. Determination of exchange rates, the balance of payments, modern foreign exchange policies and the threat of unstable exchange rates.

Assessment: Assignments: 30% + Examination (3 hours): 70%