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BX3021 - International Trade

[Offered in 2014 only]

Credit points: 3
Year: 2014
Student Contribution Band: Band 3
Administered by: School of Business (pre 2015)

International economic interdependence has increased significantly in recent years and all aspects of a nation's economy are linked to the economies of its trading partners. An understanding of international trade issues has become ever important. International Trade is designed to help students to gain such understanding. Key topics covered in this subject include: the theory of international trade, the practice of trade policies, international trade and economic development, world trading arrangements, and issues concerning an open economy such as the balance of payments, foreign exchange and exchange rate systems. Students who choose to enrol into this subject should have gained a sound understanding of introductory economics.

Learning Outcomes

  • evaluate the usefulness and limitations of international trade theories;
  • apply international trade theories to a critical evaluation of policy debates;
  • have a knowledge of broad international trade issues;
  • apply theories and models to analyse real-world trade issues.
Prerequisites: BU1003 OR EC1005
Inadmissible
Subject
Combinations:
EC3401 AND EC5208

Availabilities

Townsville, Internal, Study Period 1
Census Date 27-Mar-2014
Coordinator: Professor Zhang-Yue Zhou
Lecturer: Mrs Megan Hoodcamp.
Workload expectations:
  • 26 hours lectures
  • 12 hours tutorials
Assessment: end of semester exam (40%); quizzes or tests (30%); assignments (30%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.