IDEC8010 Quantitative International Economics

Offered By	International and Development Economics Program
Academic Career	Graduate Coursework
Course Subject	International and Developmental Economics
Offered in	Autumn Session, 2010 and Autumn Session, 2011
Unit Value	6 units
Course Description	This course will acquaint the student with the quantitative techniques employed in international trade. This course is divided into two main components: the first part introduces important concepts and provides a foundation for understanding the flows and patterns of trade across countries. The second part deals with empirical measurements of the links between trade and economic welfare. The selected topics covered in this context are: regional economic integration, exchange rate and trade, trade policy and environment, and trade, growth and poverty reduction.
Learning Outcomes	On satisfying the requirements for this course, the student will have the knowledge and skills to: • Analyze the determinants of international trade flows. • evaluate the welfare effects of alternative trade policies.
Indicative Assessment	Research paper 40 % Final examination 60 %
Workload	One two-hour lecture per week One one-hour lab/tutorial per week
Course Classification(s)	AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation.
Areas of Interest	Economics
Prescribed Texts	Harry P. Bowen, Abraham Hollander, and Jean-Marie Viaene (1998). Applied International Trade Analysis, Ann Arbor: The University of Michigan Press. (Chapters 1,2, 5, 11, and 12-14.)
Indicative Reading List	Readings: Power point presentations will be provided to students.
Technology Requirements	Student will need access to the course website to access lecture materials for this course. Familiarity with an econometric package would be an advantage in completing the research project.
Programs	Master of International Trade and Economic Relations, Master of International and Development Economics, and Master of Environmental and Resource Economics
Other Information	Delivery mode: On Campus. The course starts in April but runs over 10 weeks. Topics 1. The patterns of international trade and factor flows: A preview of trade theory – Patterns of trade – international factor movements. 2. Trade policy: Instruments of trade policy –Administered protection. 3. Trade flow and pattern analysis: Trade intensities - Constant market share analysis – Gravity equations. 4. Trade policy analysis: Tariffs – Quantitative restrictions –Applied methods of measurements. 5. Economic integration: The theory of integration – regional economic integration in Asia. 6. Exchange rate and trade: Devaluation and export subsidy. 7. Trade, growth and poverty reduction: Endogenous growth – Foregin direct investment and trade – trade and poverty reduction.
Academic Contact	Professor Kaliappa Kalirajan

The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.