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MAE213 - International Trade

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 2: Burwood (Melbourne), Cloud (online)
Credit point(s):1
Previously coded as:

MAE303

EFTSL value:0.125
Unit Chair:Trimester 2: Cong Pham
Prerequisite:

MAE101

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.

Scheduled learning activities - campus:

1 x 2 hour class, 1 x 1 hour seminar per week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

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.

 

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 Organization (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

Use written English to evaluate different trade policies, to communicate major issues of international trade and to analyse the relation between international trade and economic development and major international trade organisations.

GLO2: Communication

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

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 20% Information not yet available
Assessment 5 - Examination (Closed book) 2 hours 60% Exam 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

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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