13005 (v.2) WASM International Resource Competitiveness 601

Area:

WASM Mineral Economics Teaching Area

Credits:

12.5

Contact Hours:

16.0

Lecture:

4 x 4 Hours Weekly

Anti Requisite(s):

10949 (v.4) WASM International Resource Trade 601 or any previous version

Prerequisite(s):

10939 (v.4) WASM Natural Resources Economics 601 or any previous version

Syllabus:

World production and trade in minerals, International Competitiveness - Its meaning and measurement, International Resource Competitiveness - comparing Canada, Australia and other nation. International Trade Theory - classical theory, neoclassical theory, modern theories, inter-industry and intra-industry trade, Theories of international competitiveness - the Porter model, other views, globalisation and its effects. Competitive strategies of mining companies. Sources of and challenges to international competitiveness in mining - the natural resources base, industrial relations, technology, mining services market size and market power, government policy, protection, infrastructure, environmental legislation, the interests of indigenous populations. Actual tuition undertaken as 16 hours of class in a four day module.

Unit Outcomes:

On successful completion of this unit, students will have- Assessed the extent of world production and trade in minerals. An understanding of the concept of international competitiveness and how it is measured for different nations. An appreciation of the international competitiveness for the minerals and energy sectors in Australia and Canada. Explained classical, neoclassical and modern views about why nations trade with one another. Reflected on parallel theories of international competitiveness. Focusing particularly in Canadian and Australian case studies, considered current sources of and challenges to international competitiveness in mining.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Appleyard, Denis. and Field, Denis. (2002), International economics (fourth edition). Boston, Irwin McGraw-Hill. Friedman, Thomas. (2000), The Lexus and the olive tree. London, Harper Collins. Industry Commission. (1991), Mining and minerals processing in Australia, volume one: report. Canberra, AGPS. Meier, Gerald. (1980), International economics: the theory of policy. Oxford, Oxford University Press. Porter, Michael. (1990), The competitive advantage of nations. New York, Macmillan. Sodersten, Bo. and Reed, Geoffrey. (1994), International economics (third edition). Basingstoke, Macmillan. Australian Bureau of Agricultural and Resource Economics. (1998), Australian commodity statistics 2002. Canberra, Australian Bureau of Agricultural and Resource Economics. Crowson, Philip. (2002), Minerals handbook 2000-1. London, Mining Journal Books. Krugman, Paul. (1996), Pop internationalism. Cambridge, MIT Press. Garelli, Stephane (ed.) (annual), The world competitiveness yearbook. Lausanne, IMD. ; ;

Unit Texts:

No prescribed texts.

Unit Assessment Breakdown:

End of session exercises 24%, Final examination 40%, Personal reading reports 12%, Syndicate presentations 24%. This is by grade/mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Kalgoorlie Campus	Summer Period	Y