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Unit of study_

ECON6016: Trade and Development

This unit is designed to highlight the relation between trade and development from an institutional and structural perspective, with appropriate modifications of received general economic principles, theories and policies. It closely studies the integration process of traditional segment of a developing society into its modern counterpart in countries selected from Asia, Africa, Latin America, the Caribbean, and the Pacific regions. It examines role of the state and international institutions (like the International Monetary Fund, World Bank, World Trade Organization), rationale for trade, planning and market mechanisms in developing economies, and also socio-cultural preconditions and economic requirements for a market economy. It focuses on a wide range of developmental problems and issues (such as foreign aid, debt, investment, technology transfer) from both national and international points of view.


Academic unit Economics
Unit code ECON6016
Unit name Trade and Development
Session, year
Semester 2, 2022
Attendance mode Normal day
Location Remote
Credit points 6

Enrolment rules

ECON5001 or ECON5002 or ECON5040 or ECON6701 or ECON6702
Available to study abroad and exchange students


Teaching staff and contact details

Coordinator Syed Atif,
Type Description Weight Due Length
Final exam (Open book) Type C final exam Final exam
Short- and long-essay questions
50% Formal exam period 2 hours
Outcomes assessed: LO1 LO4 LO3 LO2
Tutorial quiz Tutorial quiz
Open-ended short quizzes
5% Multiple weeks 30
Outcomes assessed: LO1 LO2 LO3 LO4
In-semester test (Open book) Type C in-semester exam In-class test
Short- and long-essay questions covering the first six lectures/topics
25% Week 08
Due date: 21 Sep 2022 at 14:00
1 hour
Outcomes assessed: LO1 LO4 LO3 LO2
Presentation group assignment Group Research Paper and Presentation
Group research paper and presentation
20% Week 11
Due date: 19 Oct 2022 at 17:00
2500-word project; 10-min presentation
Outcomes assessed: LO1 LO4 LO3 LO2
group assignment = group assignment ?
Type C final exam = Type C final exam ?
Type C in-semester exam = Type C in-semester exam ?

Please note that assessments are slightly different to the details published in the FASS Handbook: 

1x1hr Mid-semester test (25%)
1x2500wd Research paper and presentation (Group task) (20%)
Tutorial participation (5%)
1x2hr Final exam (50%)

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a High distinction indicates work of an exceptional standard, a Distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range


High distinction

85 - 100



75 - 84



65 - 74



50 - 64



0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Special consideration

If you experience short-term circumstances beyond your control, such as illness, injury or misadventure or if you have essential commitments which impact your preparation or performance in an assessment, you may be eligible for special consideration or special arrangements.

Academic integrity

The Current Student website provides information on academic honesty, academic dishonesty, and the resources available to all students.

The University expects students and staff to act ethically and honestly and will treat all allegations of academic dishonesty or plagiarism seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic dishonesty. If such matches indicate evidence of plagiarism or other forms of dishonesty, your teacher is required to report your work for further investigation.

WK Topic Learning activity Learning outcomes
Week 01 Introduction to International Trade Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 02 Growth and Development Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 03 Globalization Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 04 Poverty and Inequality Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 05 Innovation and Technology Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 06 Institutions Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 07 Investment and Organizational Framework Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 08 In-semester Exam Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 09 Foreign Aid and Debt Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 10 Migration and Remittances Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 11 Environment Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4
Week 12 Presentations Project (3 hr) LO1 LO2 LO3 LO4
Week 13 Presentations Project (3 hr) LO1 LO2 LO3 LO4

Attendance and class requirements

  • Attendance: According to Faculty Board Resolutions, students in the Faculty of Arts and Social Sciences are expected to attend 90% of their classes. If you attend less than 50% of classes, regardless of the reasons, you may be referred to the Examiner’s Board. The Examiner’s Board will decide whether you should pass or fail the unit of study if your attendance falls below this threshold.
  • Lecture recording: All lectures will be recorded and made available to students on Canvas. However, you should not rely on lecture recording to substitute your classroom learning experience.
  • Preparation: Students should commit to spend approximately three hours’ preparation time (reading, studying, homework, essays, etc.) for every hour of scheduled instruction.
  • Tutorial Participation: Students will be required to complete at least 80 percent quizzes to qualify for full participation marks for the tutorial quizzes

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

This unit is a fusion of International Trade with Development Economics and their application in the real world. Therefore, we will use multiple chapters from several texts combined with research papers and reports on trade and development. These texts will help students develop a better understanding of material discussed in the lecture.

Also, it is strongly recommended that students with no background in international economics and growth theory familiarise themselves with the introductory chapters from Todaro & Smith (2012), Krugman et al. (2012), and Ray (1998) before the regular teaching commences. In addition to that, the following will provide an overview of trade agreements:

“Understanding the WTO”, available on:

“International Trade: Free, Fair and Open?”, available on:

This list is certainly not exhaustive.

Texts (selective chapters)

Feenstra, R., & Taylor, A. (2017). International Trade. Macmillan Learning. (available online at USyd Library website).

Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2012). International economics: Theory & policy (9th ed.). Pearson Addison-Wesley.

Ray, D. (1998). Development Economics. Princeton University Press. (available online at USyd Library website).

Salvatore, D. (2004). International Economics (8th ed.). John Wiley.

Todaro M., & Smith, S. (2012). Economic Development (11th ed.). Addison-Wesley.

The list of prescribed readings will be dispensed through Canvas.

Meanwhile, please feel free to familiarize yourself with the following organisations and their research on trade and development. 

World Trade Organization:

World Bank on Trade:

World Bank - General:

Organization for Economic Cooperation and Development:

International Centre for Trade and Sustainable Development:

Institute for Agriculture and Trade Policy:

International Trade Centre: 

Food and Agriculture Organization:

United Nations Conference on Trade and Development:

United Nations Development Programme: (see Human Development Reports)

United Nations Millennium Project:

Asian Development Bank:

African Development Bank

Inter-American Development Bank

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University’s graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. understand economic, social, political, cultural, legal, commercial and business issues
  • LO2. apply fundamental theories and concepts in diverse and unpredictable environments
  • LO3. think critically about underlying theories, concepts, assumptions and arguments in trade and development related studies
  • LO4. communicate effectively in verbal, written and group discussions to a professional standard in practical day-to-day life.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
Minor adjustments to topics arrangement and tweaks in group project based on student feedback from last year.


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