INTERNATIONAL TRADE

ECO4ITR

2014

Credit points: 15

Subject outline

In this subject students are exposed to the dynamics of international trade, with emphasis on the theory of international trade. Students will be exposed to models of international trade, mostly in general equilibrium framework. On successful completion of this subject students should be able to comprehend dynamics, determinants and gains from trade under different scenarios and analyse public policy questions. The subject will also include a brief introduction to the political economy of trade policy, the operation of World Trade Organisation (WTO), as well as current policy issues in both the multilateral and bilateral spheres.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Nobuaki Yamashita

Available to Study Abroad Students: Yes

Subject year level: Year Level 4 - UG/Hons/1st Yr PG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECO2CFC or ECO2MIT

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource Type	Title	Resource Requirement	Author and Year	Publisher
Readings	International trade: theory and evidence	Prescribed	Markusen, J., Melvin, J., Kaempfer, W. and Maskus, K.	MCGRAW-HILL 1995.

City Campus, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator:

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment element	Comments	%
0ne 500 word term assignment		10
One 1-hour mid-semester examination		15
One two hour final exam		60
Three problem based assignments		15

Melbourne, 2014, Semester 2, Day