The aim of this unit is to study economic factors surrounding the international movement of goods and services, labour and capital. Topics include: measurement and determinants of intra-industry trade; analysis of barriers to trade; political economy of trade; trade policy; international movement of labour and capital; multinational corporations and FDI; trade and environmental issues; and international trade regulation. Students will engage in a range of learning activities involving practical problem solving sessions, case study analysis, online learning activities, peer discussion and review, and self- reflection. Student learning will be guided and assessed by means of a test, a country or industry project and a final examination.

Unit details

Study level:
Undergraduate
Credit points:
12
Unit code:
BEO3430

Prerequisites

BEO1105 - Economic Principles

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Critically review a broad range of theories concerning international trade from a diverse range of academic sources;  
  2. Critically assess the regulation of trade in local and global markets;  
  3. Critically examine various markets of labour migration, environmental protection, exchange rate determination and financial crises;  
  4. Apply selected economic models to various international trade contexts;  
  5. Exercise critical thinking and judgement in identifying and solving International trade problems with intellectual independence; and  
  6. Communicate international trade knowledge and ideas associated with topics that include measurement and determinants of intra-industry trade; analysis of barriers to trade; political economy of trade; trade policy; exchange rate policy; international movement of labour and capital; multinational corporations and FDI; trade and environmental issues; and international trade regulation in a clear and coherent manner in the form of a professional market/industry report.  

Assessment

Assessment type Description Grade
Test Test 20%
Assignment Country or industry project 30%
Examination Final Examination 50%

Required reading

International Economics. 16th ed
Pugel, Thomas A. (2016)
New York: McGraw-Hill, Irwin

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