Undergraduate, Postgraduate - UnitECC4690 - International trade

This unit entry is for students who completed this unit in 2014 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.

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6 points, SCA Band 3, 0.125 EFTSL

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Level	Undergraduate, Postgraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Clayton Second semester 2014 (Day)
Coordinator(s)	Associate Professor Christis Tombazos

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.

Outcomes

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.