Handbook

ECON30001 International Trade Policy

Credit Points: 12.5
Level: 3 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2017:

Semester 1, Parkville - Taught on campus.Show/hide details
Pre-teaching Period Start not applicable
Teaching Period 27-Feb-2017 to 28-May-2017
Assessment Period End 23-Jun-2017
Last date to Self-Enrol 10-Mar-2017
Census Date 31-Mar-2017
Last date to Withdraw without fail 05-May-2017


Timetable can be viewed here.
For information about these dates, click here.
Time Commitment: Contact Hours: An average of three hours per week of seminars/lectures/tutorials
Total Time Commitment:

170 Hours

Prerequisites:

The following:

Subject
Study Period Commencement:
Credit Points:
Summer Term, Semester 1
12.50
Corequisites: None
Recommended Background Knowledge:

Please refer to Prerequisites and Corequisites.

Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Dr Reshad Ahsan

Contact

rahsan@unimelb.edu.au

Subject Overview:

This subject will cover the determinants, patterns and effects of international trade within a general equilibrium framework, where the interrelationships amongst product and factor markets in an economy are explicitly taken into consideration. It deals with how trade is affected by government policies and international trading agreements. It introduces basic analytical tools for evaluating the welfare and income distributional consequences of trade policies from both an industry and national perspective. The theories are related to current issues in international economics, such as globalisation, regional trading blocs and trade policies generally in Australia and the rest of the world.

Learning Outcomes:
  • Analyse the determinants, patterns and effects of international trade within a general equilibrium framework, where the interrelationships amongst product and factor markets in an economy are explicitly taken into consideration
  • Explain the effect of government policy on trade
  • Critically evaluate the welfare and income distributional consequences of trade policies.
  • Describe theoretical models in trade theory and apply these theories to the real world trade issues
Assessment:
  • Two 50-minute within-semester tests, Week 5 and Week 9 (30%)
  • A 1000 word assignment due in week 12 (20%)
  • A 2-hour end of semester examination, exam period (50%)
  • To pass this subject students must pass the end of semester examination (hurdle requirement)
Prescribed Texts: None
Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:
  • High level of development: problem solving; interpretation and analysis; critical thinking.

  • Moderate level of development: application of theory to practice; synthesis of data and other information.

  • Some level of development: written communication; collaborative learning; statistical reasoning; evaluation of data and other information; receptiveness to alternative ideas.

Related Course(s): U21 Certificate in Global Issues
U21 Diploma in Global Issues
Related Majors/Minors/Specialisations: Economics
Master of Economics electives

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