• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Classification Advanced
  • Course subject Economics
  • Areas of interest Economics
  • Academic career Postgraduate
  • Mode of delivery In Person
  • Co-taught Course ECON4406

The course examines the microeconomics of international trade. First we examine the gains from trade, the determinants of patterns of international trade and the effects of trade on income distribution, all in low-dimensional models. We will also have some discussion of extensions to higher dimensions.  We then turn to policy and analyse a number of arguments, both traditional and more recent, for active trade and industrial policies. Time permitting, we will also analyse preferential trading areas and the political economy of trade policy.

Learning Outcomes

On satisfying the requirements for this course, students should:
• Be familiar with the basic models of international trade and their essential properties;
• Understand the tools taught in class and be able to recognise their application to the analysis of real world fact situations;
• Be able to construct theoretical models of international trade related phenomena and manipulate them.
• Read and understand professional economics articles in the field of international trade theory.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Assessment is on the basis of a number of Problem Sets, a midterm examination, a final examination and a class presentation.  The presentation will involve the exposition and critique of a leading paper in trade theory.  The problem sets involve a mixture of analytical numerical questions and brief written answers.  The exams also include a range of question types: short answers, definitional questions, analytical problems and essays.

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

10 hours per week

Requisite and Incompatibility

Incompatible with ECON4406

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Note: Please note that fee information is for current year only.

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