ECC3690 · International economics

Overview

This unit aims to investigate the economic interaction between countries in the context of international exchanges of commodities, assets, and factors of production. You will develop an understanding of (a) the drivers and effects of international trade in commodities and capital assets, (b) the drivers and the impact of international migration, (c) the impact of trade policy, particularly tariffs and quotas, (d) the national accounts, with particular emphasis on the balance of payments, (e) exchange rates, and (f) offshoring.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. understand the key drivers of international trade
2. understand the sources of the gains from trade
3. understand the impact of capital movements and migration on domestic economic outcomes
4. understand the effects of trade policies on the distribution of rents across countries as well as domestic economic actors such as producers, consumers, and the government
5. understand the implications of international interdependence on national income accounts and the exchange rate.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.