MAE213 - International Trade

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAE303
Unit Chair:Trimester 2: Cong Pham
Prerequisite:

MAE101, MAE120, MAE203 or MAT203

Corequisite:Nil
Incompatible with:

MAE303, MET303

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture each week (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recorded lecture each week and 1 x 1 hour online seminar in weeks 4, 7 and 10.

Content

This unit is about the gains from trade and the reasons why nations may be reluctant to pursue free trade. It covers topics such as the gravity model of trade, trade theories, trade policies, GATT/WTO and trade-related international finance. A few new analytical techniques will be learned. However, the unit is primarily of value in providing further practice in applied economic analysis, in the sense of using conceptual tools to analyse issues of trade, protectionism and globalisation being debated in the world economy.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Explain the theoretical basis for trade between nations and assess the gains from trade and evaluate possible reasons why nations may be reluctant to pursue free trade policies.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Analyse and compare the most common instruments of trade policy and evaluate the trade policies of developing countries in relation to their goals for economic development.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO3

Evaluate the major structural and current policy issues of the World Trade Organisation (WTO), analyse different exchange rate systems and their impact on international trade and trade policies.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO4

Evaluate different trade policies to communicate major issues of international trade and analyse the relation between international trade and economic development and major international trade organisations.

GLO2: Communication

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: (Individual) Multiple choice quiz 1 hour 7% Week 4
Assessment 2: (Individual) Multiple choice quiz 1 hour 7% Week 6
Assessment 3: (Individual) Multiple choice quiz 1 hour 6% Week 9
Assessment 4: (Individual) Problem-based written assignment 1500 words 30% Information not yet available

End-of-unit assessment task: Written 

2 hours

50% End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: achieve at least 50% of the marks available on the examination on EoUA to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAE213 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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