Undergraduate, Postgraduate - UnitECC4690 - International trade

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

Topics include the gains and costs of trading internationally; static and dynamic welfare effects of protection; the political economy of international trade policy; optimum policies in the presence of market power, uncertainty, and other market imperfections; trade policy instruments; strategies for trade liberalisation including regional trade agreements.

Outcomes

The learning goals associated with this unit are to:

1. be able to analyse the effects of international trade on real income and its distribution in various market structures
2. have a sound understanding of the allocation and welfare effects of commercial policies
3. possess the skills necessary to evaluate critically contemporary innovations in Australia's trade policies.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Christis Tombazos

Contact hours

3 hours per week

Prerequisites

ECC4650 and ECC3690