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International Trade Theory and Policy

Module code: ECON 5006

Module description

This module will examine real world International Policy issues, within a coherent theoretical framework. The module will present an analysis of how the international economy works, in terms of trade theory and policy.

This module will relate the theory of International Economics to recent world events, to draw out the application of the theory and allow debate on policy implications. 

The module will emphasise the integrated nature of Trade Thoery and Policy.  It will equip participants to think conceptually and gain a real world understanding of trade issues. Recent deleopments in the world economy has raised concerns regrading the nature of the international adjustmeny mechanism, and the merits of free trade vis-a-vie protectionism. The initative for Policy Dialogue (IPD) centres on this debate. 

International Trade is the exchange of goods and services by countries. It arises as a result of countries specialising in the particular activities at which they are most efficient. This unit is concerned with the factors that determine and shape the pattern of international specialisation and trade. 

Contact hours per student per year

  • Lectures: 24 hours
  • Tutorials: 12 hours

Assessments

  • Group presentation: 30%
  • Group report: 70%

Additional costs: No extra costs other than purchase of books

 
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