Faculty of Business and Economics

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Monash University

Monash University Handbook 2010 Undergraduate, Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
OfferedClayton Second semester 2010 (Day)
Coordinator(s)Associate Professor Christis Tombazos


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.


The learning goals associated with this unit are to:

  • be able to analyse the effects of international trade on real income and its distribution in various market structures
  • have a sound understanding of the allocation and welfare effects of commercial policies
  • possess the skills necessary to evaluate critically contemporary innovations in Australia's trade policies.


Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Christis Tombazos

Contact hours

3 hours per week


ECC4650 and ECC3690