- Code ECON8006
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Economics
- Areas of interest Economics
- Academic career PGRD
- Dr Martin Richardson
- Mode of delivery In Person
Second Semester 2015
See Future Offerings
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.
Upon successful completion, students will have the knowledge and skills to:
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.
See the course outline on the College courses page. Outlines are uploaded as they become available.
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.
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10 hours per week
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- Student Contribution Band:
- Unit value:
- 6 units
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|Class start date
|Last day to enrol
|Class end date
|Mode Of Delivery
|20 Jul 2015
|07 Aug 2015
|31 Aug 2015
|30 Oct 2015