ECON8006 International Trade Theory
| Offered By | School of Economics |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Economics |
| Offered in | Second Semester, 2011 and First Semester, 2012 |
| Unit Value | 6 units |
| Course Description |
The course examines the microeconomics of international trade. First we examine the gains from trade, the determinants of patterns of international trade and the effects of trade on income distribution, all in low-dimensional models. We will also have some discussion of extensions to higher dimensions. We then turn to policy and analyse a number of arguments, both traditional and more recent, for active trade and industrial policies. Time permitting, we will also analyse preferential trading areas and the political economy of trade policy. |
| Learning Outcomes |
On satisfactorily completing this course, students will be familiar with modern models of international trade and commercial policy. They will be able to read and understand papers in leading economics journals on international trade theory and will also be able to critique and evaluate popular arguments regarding trade policy. |
| Indicative Assessment |
Assessment is on the basis of a number of Problem Sets, a midterm examination, a final examination and a class presentation. The presentation will involve the exposition and critique of a leading paper in trade theory. The problem sets involve a mixture of analytical numerical questions and brief written answers. The exams also include a range of question types: short answers, definitional questions, analytical problems and essays. If a student does better on the final than on the midterm and/or the problem sets then the latter will be dropped and the final will make up the appropriately increased share of the overall grade. Regardless of these grades, failure to make an honest effort on the problem sets or failure to participate in the presentation will be grounds for failing the course. So sitting the midterm and handing in ALL of the Problem Sets is required. |
| Workload |
10-12 hours 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. |
| Areas of Interest | Economics |
| Eligibility |
An honours degree in Economics with H2A or higher, or completion of a Graduate Diploma in Economics with an exit grade of Merit or better |
| Prescribed Texts |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8006 |
| Preliminary Reading |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8006
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| Indicative Reading List |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8006 |
| Programs | Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, Graduate Diploma in Economics, Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Master of Applied Economics, Master of Economics, Master of Applied Economics, Master of Economic Policy, Master of International Trade and Economic Relations, Master of Economic Policy, Master of Economics, Master of International and Development Economics, Master of International Trade and Economic Relations, and Master of International and Development Economics |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8006 |
| Academic Contact | See: http://ecocomm.anu.edu.au/courses/course.asp?code=ECON8006 |
The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.
