units
ECF3121
Faculty of Business and Economics
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.
| Level | Undergraduate |
| Faculty | Faculty of Business and Economics |
| Organisational Unit | Department of Economics |
| Offered | Caulfield Second semester 2013 (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:
- provide an introduction to the microeconomic and macroeconomic theory underlying the discipline of international economics
- provide an awareness of the "open" economy
- provide a broad knowledge of foreign exchange markets and their role in international trade
- understand contemporary policy debates in the area of international trade.
Assessment
Within semester assessment: 40%
Examination: 60%
Chief examiner(s)
Contact hours
3 hours per week
Prerequisites
Prohibitions
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