Authorised by Academic Registrar, April 1996
Objectives On successful completion of this subject students should be able to understand developments in the international economy and interpret their impact on the Australian economy and individual Australian companies; critically evaluate government policy to the extent it affects international competitiveness; develop a sound knowledge of Australia's role in the international economy and of at least one other country.
Synopsis Topics include an introduction to the role of economics in international trade; economic importance of trade; barriers to international trade; the regionalisation of trade; exchange rate determination; balance of payments theory and the domestic impact of the international economy.
Assessment Minor essay (1500 words): 10% + Major essay (3000 words): 20% + Class presentation: 10% + Examination (2 hours): 60%