Faculty of Business and Economics

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Monash University

Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2011 (Evening)
Caulfield Second semester 2011 (Day)
Caulfield Second semester 2011 (Off-campus)
Sunway First semester 2011 (Evening)
Coordinator(s)Dr Rebecca Valenzuela (First semester)


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.


The learning goals associated with this unit are to:

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


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

Chief examiner(s)

Rebecca Valenzuela (Semester 1)
Mita Bhattacharya (Semester 2)

Contact hours

3 hours per week