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Unit of study_
ECON4919: Topics in International Trade
2024 unit information
This unit develops the modern theory of international trade and commercial policy and examines some empirical applications. Topics covered include competitive trade theory; comparative advantage and theories of international trade patterns; the gains from trade; empirical evidence and methodology; imperfectly competitive trade theory and economies of scale, differentiated products, and technology; analysis of the effects of tariffs and trade quotas upon trade under competitive and imperfectly competitive market structures; the formation and design of regional trade agreements and the strategic behaviour of multinational enterprises.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECON4919 |
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| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. demonstrate skills in oral and written communication (through class discussions, tests and essay)
- LO2. demonstrate skills in problem solving (through tutorial questions and tests)
- LO3. demonstrate critical thinking (through class discussions, tests, tutorial questions and essay)
- LO4. demonstrate basic modelling skills (through tutorial questions and tests)
- LO5. identify and intuitively explain the key issues in international trade theory and policy
- LO6. understand the importance of assumptions in the economic modelling of international trade
- LO7. distinguish between the efficiency implications and distributional consequences of trade and trade policy
- LO8. understand the role of politics in trade and vice versa
- LO9. assess the costs and benefits of trade policy from an economic point of view
- LO10. feel sufficiently informed to confidently participate in public policy discussions and be ready to challenge some of the misconceptions regarding trade and globalisation.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
There are no availabilities for previous years.
Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
