Area: |
WASM Mineral Economics Teaching Area |
Credits: |
12.5 |
Contact Hours: |
16.0 |
| |
| ** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. ** |
| |
Lecture: |
4 x 4 Hours Weekly |
Anti Requisite(s): |
13005 (v.2) WASM International Resource Competitiveness 601 or any previous version
|
Prerequisite(s): |
10939 (v.4) WASM Natural Resources Economics 601 or any previous version
|
| |
Syllabus: |
The Importance of Minerals Trade, trade and growth, the balance of payments, Basis for Trade - Factor Endowments and Exchange, Factor Mobility or Commodity Trade - the alternatives, Factor Price Equalisation - which factors? Pricing and Trade Mechanics. Market Structure - Multinationals and vertical integration - International price/quantity stabilisation, Market Disequilibrium - trade barriers, interventions, restrictive trade practices. Transport - Physical Issues, Process Location and Product Specs, Costing and Netbacks. Trade Finance and Risk - Principals and Agents, Physical - Risk and Hedge, Exchange rates - PPP and Practice and Theory, Spot rates and Forward Rates, Exchange risk - some practice. Additional Considerations - External influences such as environmental issues and technical transfers. Actual tuition undertaken as 16 hours of class in a four day module. |
| |
| ** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. ** |
| |
Field of Education: |
91900 Economics and Econometrics (Narrow Grouping) |
HECS Band (if applicable): |
2 |
|
Extent to which this unit or thesis
utilises online information: |
Not Online |
Result Type: |
Grade/Mark |
|
Availability |
| Year |
Location |
Period |
Internal |
Area External |
Central External |
| 2004 |
Bentley Campus |
Semester 2 |
Y |
|
|
| 2004 |
Bentley Campus |
Summer Period |
Y |
|
|
| 2004 |
Kalgoorlie Campus |
Semester 2 |
Y |
|
|
| 2004 |
Kalgoorlie Campus |
Summer Period |
Y |
|
|
Area
External |
refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central
External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
|
