13513 (v.4) Economics (International Trade) 505

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Area:	School of Economics and Finance
Credits:	25.0
Contact Hours:	3.0
Seminar:	1 x 3 Hours Weekly
Prerequisite(s):	13504 (v.3) Economics (Growth and Fluctuations) 502 or any previous version AND 13506 (v.3) Economics (Markets) 503 or any previous version
Syllabus:	With the increasing interdependence of economies, questions of domestic economic management are increasingly placed in an international context. Examination of the theoretical and policy issues behind growing trade and investment linkages between economies. The international trade policy developments include multilateral trade negotiations and increases in bilateral trade frictions.
Unit Outcomes:	On successful completion of this unit students will have been introduced to the theory and policy of international trade. Be able to engage in an analysis of recent developments in the multilateral trade negotiations of the World Trade Organisation. Be able to participate meaningfully in national and international economic policy debates.
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:	Reserve Bankd of Australia Bulletin, International Monetary Fund: International Financial Statistics. International Monetary Fund. Anderson, K, and Garnaut, R., Australian Protectionism: Extent Causes and Efects, Bhagwati, J, (1983), Lectures on International Trade, MIT Press. Bloch, H., Changes in the International Competitiveness of Australian manufacturing: 1968 to 1989. Australian Economic Review 396, 3rd Quarter, 1996, 308 - 319. Bloch, H., and Kenyon, P. (ed), Creating an Internationally Competititve Economy, Boehm, E.A., (20th Century) Economic Development in Australia. 3rd ed. Bureau of Industry Economics, Trade Performance of Australian Manufacturing, Information Bulletin Number 15. Caves, R. E. and Krause, L. B. The Australian Economy: A View from the North, pp 275 - 299. Caves, R.E., Frankel, J. and Jones, R.W., (1996) World Trade and Payments: An Introduction, 7th ed, Little, Brown. Chapman, B, (1989) (ed), Australian Economic Growth, Macmillan. Dollar, D and Wolff, E. Competitiveness, Convergence and International Specialisation. Greenway, D. and Winters, L.A. (1994), Surveys in International Trade, Blackwell.
Unit Texts:	Appleyard, D.R., and Field, A.J., (2001), International Economics, 4th Edition, Irwin.
Unit Assessment Breakdown:	Essay 30%. Examination 50%. Seminar presentations (2) 20%. This is by grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 2 Y