units

ECF3121

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedCaulfield Second semester 2012 (Day)
Coordinator(s)Dr Laura Puzzello

Synopsis

The pure theory of international trade. Trade and income distribution, economic growth and changes in trade, bases for trade and gains from trade. Trade policy. Tariffs, quotas, subsidies, import discrimination and other national policies affecting trade. Trade policies in developing nations. The foreign exchange market and its impact on international trade. Models of currency crisis.

Outcomes

The learning goals associated with this unit are to:

  1. provide an introduction to the microeconomic and macroeconomic theory underlying the discipline of international economics
  2. provide an awareness of the "open" economy
  3. provide a broad knowledge of foreign exchange markets and their role in international trade
  4. understand contemporary policy debates in the area of international trade.

Assessment

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

Chief examiner(s)

Dr Laura Puzzello

Contact hours

3 hours per week

Prerequisites

ECF1100 and ECF2731

Prohibitions

ECC3690, ECF9121 and ECW3121