ECC5690

Theories in international and development economics ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Professor Pushkar Maitra

Offered:
Clayton Second semester 2006 (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: 3 hours per week

Prerequisites: ECC4690 or ECC4670