Faculty of Business and Economics

Postgraduate - Unit

This unit entry is for students who completed this unit in 2013 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

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FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedClayton Second semester 2013 (Day)
Coordinator(s)Dr Dinusha Dharmaratna


This unit investigates economic interaction between countries in the context of international exchanges of commodities and assets. International linkages in form of the balance of payments, exchange rate determination, international trade, labour and capital movements are discussed in detail. Importance of these linkages in the public and private sectors is discussed with an emphasis on exchange rate determination, structural reform and adjustment policies in the open economy and trade policy.


The learning goals associated with this unit are to:

  1. understand essential features of international trade and asset exchanges
  2. understand effects of international trade flows and protectionist policies on a small open economy such as Australia
  3. understand implications of international interdependence for the conduct of national stabilisation policies
  4. to form factual assessments and constructive criticism of public policy and debate concerning open economy issues.


Within semester assessment: 40%
Examination: 60%

Chief examiner(s)

Contact hours

3 hours per week


Students must have passed both ECX900 and ECX9010 before undertaking this unit