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Theories in international and development economics (6 points)


Leader: Associate Professor Robert Rice and Dr Xiaokai Yang

Clayton Second semester 2003 (Day)
Clayton Second semester 2004 (Day)

Synopsis: Evaluation of the neoclassical trade model and its extensions; foreign direct investment, capital flows and technology transfer; alternative explanations of comparative advantage including increasing returns and imperfect competition; geography and trade; new growth models; micro- and macroeconomic reform, structural change and factor mobility; institutions, transaction costs and rent seeking; theories of the state; the political economy of liberalisation and stabilisation.

Assessment: Written (5000-word research paper): 50% + Examination (3 hours): 50%

Contact Hours: Two 1.5-hour lectures per week

Prerequisites: ECC4690 or ECC4670

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