INTERNATIONAL TRADE

ECO3ITR

2020

Credit points: 15

Subject outline

In this subject, you will cover topics in international trade theory such as determinants and patterns of trade and international competitiveness. You will also explore selected topics in international trade policy, including distortions such as import tariffs and export subsidies, and Australia's relationship with Regional Trade Agreements and the World Trade Organisation.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Julio Mancuso Tradenta

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Available as Elective: No

Learning Activities: N/A

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: ECO1DSM OR ECO1IMI OR BUS1BUE

Co-requisites: N/A

Incompatible subjects: ECO2ITR

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

International Economics: Theory & Policy

Resource Type: Book

Resource Requirement: Prescribed

Author: Krugman, Paul R., Maurice Obstfeld, Marc Melitz

Year: 2014

Edition/Volume: 10th Edition (Global)

Publisher: PEARSON

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Apply economic concepts and reasoning to analyse international trade.
02. Explain, compare and evaluate mainstream theories of trade under different competitive conditions.
03. Manipulate international trade models using simple analytical tools to show how results are derived and how they depend on assumptions.
04. Synthesise and communicate solutions to policy questions related to international trade and trade liberalisation.

Melbourne (Bundoora), 2020, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Subject Instance Co-ordinator: Julio Mancuso Tradenta

Class requirements

LectureWeek: 31 - 43
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 31 - 43
One 1.00 hour tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementCommentsCategoryContributionHurdle%ILO*

One 2000 word assignment

N/AN/AN/ANo40SILO1, SILO3, SILO4

One two hour final exam (2000 word equivalent)

N/AN/AN/ANo50SILO2

Class participation (500 Words equivalent)

N/AN/AN/ANo10SILO1, SILO2, SILO3, SILO4