ECC4690 - International trade - 2018

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate, Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Economics

Chief examiner(s)

Associate Professor Christis Tombazos

Coordinator(s)

Associate Professor Christis Tombazos

Unit guides

Offered

Clayton

  • Second semester 2018 (On-campus)

Prerequisites

ECC4650 and ECC3690 or equivalent.

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: 40% + Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information