units

ECW3291

Faculty of Business and Economics

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Monash University Handbook 2010 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedNot offered in 2010
Coordinator(s)Dr Michael Yap

Synopsis

Multinational corporations and their role in the international economy; theories of international trade and the characteristics of Australia's role in the international economy; theories of internationalisation of firms; forms of international business; the impact on trade patterns of foreign direct investment; locational choice for multinational corporations; regional trade groups and their impact on trade and investment; the institutional environment of international business including the World Bank and World Trade Organisation.

Objectives

The learning goals associated with this unit are to

  • understand welfare gains that accrue from international trade and the losses associated with barriers to trade
  • understand characteristics of Australia's participation in the international economy
  • understand the role of international institutions like the IMF, WTO and World Bank
  • understand motives and operation of regional trade groups
  • understand various modes of entry available to multinational corporations.

Assessment

Within semester assessment: 40%
Examination (2 hours): 60%

Contact hours

3 hours per week

Prerequisites

ECW1102