Offered
Clayton Second semester 2008 (Day)
Synopsis
Topics include the gains and costs of trading internationally; static and dynamic welfare effects of protection; the political economy of international trade policy; optimum policies in the presence of market power, uncertainty, and other market imperfections; trade policy instruments; strategies for trade liberalisation including regional trade agreements.
Assessment
Within semester assessment: 30%
Examination (3 hours): 70%
Contact hours
Three contact hours per week
Prerequisites
ECC4650 and ECC3690
