The course examines the micro- and macro-economics 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. We will analyse preferential trading areas and the political economy of trade policy before turning to international macroeconomics and finance.
Learning Outcomes
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 economics and the analytical tools that economists use to analyze international economic interactions;
• 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 economics related phenomena and manipulate them.
• Be able to read and understand professional articles in the field of international economics
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
Assessment will be based on a convex combination of Problem Sets, a midterm examination, a final examination, a class presentation and participation in online and in-class exercises, where not all of these elements may receive a non-zero weight. The exams may include a range of question types including, but not limited to, short answer questions, 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
Students in this class will share two lectures a week with ECON3103 and a further lecture and one tutorial per week. Students are expected to spend roughly 10 hours a week on this course, on average across the semester.
Requisite and Incompatibility
Assumed Knowledge
This course assumes a good knowledge of intermediate macroeconomics and more advanced microeconomics. It will also be assumed that students are reasonably familiar with mathematical tools and intermediate statistics. No other prior knowledge will be assumed.
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:
- 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 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2018 | $4080 |
- International fee paying students
| Year | Fee |
|---|---|
| 2018 | $5400 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 4142 | 19 Feb 2018 | 27 Feb 2018 | 31 Mar 2018 | 25 May 2018 | In Person | N/A |
