Course overview
This course will enable students to have an understanding of the general concepts and contemporary theories underlying international trade and trade policy, and the international financial and monetary system within which trade and foreign investment takes place. Neoclassical and contemporary theories of why nations trade; Instruments of trade polices including tariff and non-tariff barriers; controversies in trade policies; international currency system; open macroeconomics, exchange rates and policy; regional and economic integration issues in the global economy; trade and the environment; trade and developing countries.
Course learning outcomes
- Explain the theoretical concepts underlying international trade.
- Describe some of the historical, cultural, social and political factors affecting international trade.
- Demonstrate a knowledge of the institutional factors which can affect trade policy.
- Articulate the process by which domestic policies interact with the open economy and their inter-relationship with a country's economic situation.
- Undertake some independent research in the area of international economics.
- Demonstrate UniSA Business Enterprise Skills in the context of the Economics discipline: i) Problem Solving (advanced level); and ii) International Perspective (advanced level).
Availability
Class details
Adelaide City Campus West
Class number 53585
Section WS02
Size 30
Available 14
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