International Economic Analysis
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
Prerequisites
BEO1001 - Economic Concepts and Application
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Explore the economic factors surrounding the international movement of goods and services, labour and capital, with International Economic Analysis.
Topics covered in the unit include:
- measurement and determinants of intra-industry trade
- analysis of barriers to trade; political economy of trade
- trade policy
- impact of government policies on trade and welfare
- international movement of labour and capital
- multinational corporations and FDI
- trade and environmental issues
- international trade regulation.
You will engage in a range of learning activities involving:
- practical problem-solving sessions
- case study analysis
- online learning activities
- peer discussion and review
- self-reflection.
Your learning will be guided and assessed by means of case studies, a test, a country/ industry environmental project and a group poster presentation about contemporary trade issues.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Conceptualise a broad range of theories and models of international trade;
- Critically assess the regulation of trade in local and global markets in identifying and solving International trade problems;
- Critically examine various markets of labour migration, environmental protection and foreign investment; and
- Communicate international trade knowledge and ideas associated with topics in the form of a market/industry report and group presentations.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 10%
Online quiz 1 - theory and application
Assessment type: Report | Grade: 30%
Country/Industry environmental challenge project - investigating environmental issues and challenges and identifying suitable policies to address them
Assessment type: Test | Grade: 30%
Quiz 2 - theory and applications
Assessment type: Presentation | Grade: 30%
Contemporary trade issues-poster presentation - investigation of contemporary international trade issues and evaluation of associated effects (Group)
Other locations
Assessment type: Test | Grade: 10%
Theory and application quiz
Assessment type: Report | Grade: 30%
Country/Industry environmental challenge project - investigating environmental issues and challenges and identifying suitable policies to address them
Assessment type: Examination | Grade: 30%
Theory and applications
Assessment type: Presentation | Grade: 30%
Contemporary trade issues-poster presentation - investigation of contemporary international trade issues and evaluation of associated effects (Group)
Required reading
Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.
International Economics
Pugel, T. A. (2024). | New York: McGraw-Hill, Irwin.
As part of a course
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.