2020 unit information
Classes and seminars in Trimester 2, 2020 will be online.
Last updated: 2 June 2020
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
1 x 2 hour class, 1 x 1 hour seminar per week
Online independent and collaborative learning activities including 3 scheduled online seminars
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
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 capabilitiesGLO4: Critical thinking
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.
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.
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.
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
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: achieve at least 50% of the marks available on the examination
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.
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