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International Trade (ECON40003)
HonoursPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Reshad Ahsan: rahsan@unimelb.edu.au
Overview
Availability | Semester 2 |
---|---|
Fees | Look up fees |
Topics include determinants of the patterns of trade and the gains from trade; the analytics of the instruments of trade policy under different market structures; the political economy of trade policy; the economics of preferential trade agreements; and the role of the World Trade Organisation.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain why countries engage in international trade;
- Analyse the causes and consequences of international trade;
- Synthesise the theoretical and empirical literature and describe the current state of knowledge in the field of international trade;
- Analyse the welfare effects of various trade policies under different industry structures, such as monopolies, oligopolies and monopolistic competition;
- Evaluate the welfare effects of trade and industry policies under various trading regimes (regional trading blocs vs multilateralism);
- Critically evaluate the income and distributional effects of various trade policies.
Generic skills
- High level of development: written communication; application of theory to practice; critical thinking; receptiveness to alternative ideas.
- Moderate level of development: interpretation and analysis.
- Some level of development: oral communication; problem solving.
Last updated: 19 December 2023
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- BH-COM Bachelor of Commerce (Degree with Honours)
- Economics specialisation (formal) in the BH-ARTS Bachelor of Arts (Degree with Honours)
AND
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90019 | International Trade | Semester 2 (On Campus - Parkville) |
12.5 |
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 19 December 2023
Assessment
Description | Timing | Percentage |
---|---|---|
Four 750-word class assignments (10% each) due fortnightly
| Throughout the teaching period | 40% |
Individual Final Essay
| During the examination period | 60% |
Last updated: 19 December 2023
Dates & times
- Semester 2
Principal coordinator Reshad Ahsan Mode of delivery On Campus (Parkville) Contact hours Three hours of lectures per week Total time commitment 170 hours Teaching period 24 July 2023 to 22 October 2023 Last self-enrol date 4 August 2023 Census date 31 August 2023 Last date to withdraw without fail 22 September 2023 Assessment period ends 17 November 2023 Semester 2 contact information
Reshad Ahsan: rahsan@unimelb.edu.au
Time commitment details
170 hours
Last updated: 19 December 2023
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 19 December 2023