Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

To find units available for enrolment in the current year, you must make sure you use the indexes and browse unit tool in the current edition of the Handbook.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedNot offered in 2013
Coordinator(s)Dr Michael Yap


Multinational corporations and their role in the international economy; theories of international trade and the characteristics of Australia's role in the international economy; theories of internationalisation of firms; forms of international business; the impact on trade patterns of foreign direct investment; locational choice for multinational corporations; regional trade groups and their impact on trade and investment; the institutional environment of international business including the World Bank and World Trade Organisation.


The learning goals associated with this unit are to:

  1. understand welfare gains that accrue from international trade and the losses associated with barriers to trade
  2. understand characteristics of Australia's participation in the international economy
  3. understand the role of international institutions like the IMF, WTO and World Bank
  4. understand motives and operation of regional trade groups
  5. understand various modes of entry available to multinational corporations.


Within semester assessment: 40%
Examination: 60%

Contact hours

3 hours per week