ECC4690 International trade
Faculty of Business and Economics
ECC4690 International trade is a level 4, 6-credit-point, undergraduate and postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2023 entry.
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Overview
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.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
analyse the effects of international trade on real income and its distribution in various market structures
- 2
understand the allocation and welfare effects of commercial policies
- 3
possess the skills necessary to evaluate critically contemporary innovations in Australia's trade policies.
Workload and teaching
- Lectures36 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Vousden Neil, The Economics of Trade Protection, Cambridge University Press, 1990.
Contacts
- Chief Examiners
- Associate Professor Christis Tombazos
Common questions
What are the prerequisites for ECC4690?
ECC4690 has no prerequisites.
When is ECC4690 offered?
In 2022, ECC4690 runs in Semester 2 at Clayton.
How much work is ECC4690?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC4690 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.