units

ECC4690

Faculty of Business and Economics

Monash University

Undergraduate, Postgraduate - Unit

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.

print version

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, or view unit timetables.

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedClayton 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:

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

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Workload requirements

3 hours per week

Prerequisites