International Trade (ECON90019)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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Topics include explanations of the patterns of trade and the gains from trade; the analytics of the instruments of trade policy under different market structures; the generalised theory of distortions in open economies; 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

On successful completion of this subject, students should have improved the following generic skills:

  • Evaluation of ideas, views and evidence
  • Synthesis of ideas, views and evidence
  • Strategic thinking
  • Critical thinking
  • Application of theory to economic policy and business decision making
  • Accessing economic and other information
  • Summary and interpretation of information
  • Using computer programs
  • Statistical reasoning
  • Problem solving skills
  • Written communication
  • Oral communication

Last updated: 10 November 2023

Eligibility and requirements

Prerequisites

One of

Code Name Teaching period Credit Points
ECON90002 Microeconomics
Semester 1 (On Campus - Parkville)
 12.5
ECON40001 Advanced Microeconomics
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

Code Name Teaching period Credit Points
ECON40003 International Trade
Semester 2 (On Campus - Parkville)
 12.5

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: 10 November 2023

Assessment

DescriptionTimingPercentage

Four 750-word class assignments (10% each) due fortnightly

  • 3000 words (total)
Throughout the teaching period40%

Individual Final Essay

  • 1500 words
During the examination period60%

Last updated: 10 November 2023

Dates & times

  • Semester 2
    Principal coordinatorReshad Ahsan
    Mode of deliveryOn Campus (Parkville)
    Contact hours
    Total time commitment170 hours
    Teaching period24 July 2023 to 22 October 2023
    Last self-enrol date 4 August 2023
    Census date31 August 2023
    Last date to withdraw without fail22 September 2023
    Assessment period ends17 November 2023

    Semester 2 contact information

    Reshad Ahsan: rahsan@unimelb.edu.au

     

Time commitment details

Estimated total time commitment of 170 hours per semester

Last updated: 10 November 2023

Further information

  • Texts

    Prescribed texts

    You will be advised of prescribed texts by your lecturer.

  • Subject notes

    Students may not gain credit for both ECON90019 International Trade and ECON40003 International Trade.

  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • 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: 10 November 2023