Leader: Dr Rebecca Valenzuela

Offered

Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Off-campus)
Sunway First semester 2008 (Day)

Synopsis

Topics include an introduction to basic micro and macroeconomics, the economic importance of trade, barriers to international trade, the regionalisation of trade, exchange rate determination, balance of payments theory, the domestic impact of the international economy, foreign direct investment and multinational corporations, capital flows and currency crisis.

Objectives

The learning goals associated with this unit are to:

• understand developments in the international economy and interpret their impact on the Australian economy and individual Australian companies
• critically evaluate government policy to the extent it affects international competitiveness
• develop a sound knowledge of Australia's role in the international economy and of at least one other country.

Assessment

Within semester assessment: 30%
Examination (2.5 hours): 70%

Contact hours

3 hours per week