International Trade Theory & Policy

University of Queensland

Course Description

  • Course Name

    International Trade Theory & Policy

  • Host University

    University of Queensland

  • Location

    Brisbane, Australia

  • Area of Study

    International Politics, International Trade

  • Language Level

    Taught In English

  • Prerequisites

    ECON2030

    This course requires additional faculty approval for entry.

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    2
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    Course Description
    Pure theory of international trade, comparative advantage, Heckscher-Ohlin, growth & trade. Commercial policies: protection & welfare, economic integration, trade & economic development, Australian perspectives.
     
     
    Learning Objectives
    After successfully completing this course you should be able to:
    1. Demonstrate an understanding of the neoclassical and new trade theories to explain trade flows and the gains from trade.
    2. Demonstrate an understanding about the role of trade in economic growth.
    3. Demonstrate an understanding of the different types of instruments of trade policy, and their distributional and welfare implications.
     
    Class Contact
    2 Lecture hours, 1 Tutorial hour
     
     
    Assessment
    Exam
    Type: Exam - Mid Semester During Class
    Learning Objectives Assessed: 1, 2
    Due Date: Mid-Semester
    Weight: 40%
    Reading: 0 minutes
    Duration: 100 minutes
    Format: Multiple-choice, Short answer, Problem solving
    Task Description: The exam examines the materials covered in Chapters 1 to 6 of Krugman and Obstfeld (9th edition). Questions will involve calculation, and/or interpretation of diagrams.
     
    Final examination
    Type: Exam - during Exam Period (Central)
    Learning Objectives Assessed: 1, 3
    Due Date: Examination Period
    Weight: 60%
    Reading: 10 minutes
    Duration: 120 minutes
    Format: Multiple-choice, Short answer, Problem solving
    Task Description: Questions will involve calculation, and/or interpretation of diagrams. Emphasis will be given to topics not yet assessed in the mid term exam.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.