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|Offered at:||(B, X)|
|Offerings:||Trimester 1 or trimester 2|
|Previously coded as:||MEE711|
|Unit chair:||P Goorha|
|Contact hours:||1 x 3 hour seminar per week|
|Note: Online teaching methods require internet access. Please refer to the most current computer specifications.|
This unit presents theoretical as well as applied research material covering a number of issues in the theory of trade and market development that are especially relevant for students of business economics. The theme of this unit is built on traditional international trade theory such as the theory of comparative advantage and terms of trade. However, it also explores interesting and relevant issues from fields of the political economy of trade and emerging markets to expand understanding of this traditional theory and understand its limitations. It covers topics such as transitions, migrations, government failure, the knowledge economy and privatisation. It emphasises a methodical understanding of what constitutes the international economic environment relevant for business.
Proposal for writing a journal submission paper 750 words 20%, journal paper submission 2000 words 40%, examination 2 hours 40%
Hurdle requirement: achieve at least 50% of the marks available on the examination.
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