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International Economics (6408.5)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands:

Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)

Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society



    Unit Outlines

    To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

    • Semester 1, 2018, ON-CAMPUS, BRUCE (177731) - View
    • Semester 1, 2017, ON-CAMPUS, BRUCE (166675) - View
    • Semester 1, 2016, ON-CAMPUS, BRUCE (157588) - View
    • Semester 1, 2015, ON-CAMPUS, BRUCE (146079) - View

    If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.


    This unit comprises a study of the principles of international trade, and their application to the Australian economy. Topics include a survey of the theories of international trade; the economic effects of protection; the analysis of the balance of Payments; policy projections for external and internal balance; capital flows and foreign investment; the rate of exchange; the problem of international liquidity; international monetary institutions; international trade and development; customs, unions, and trade liberalisation.

    Learning Outcomes

    Building on Intermediate Microeconomic and Macroeconomic theory, students will be able to:

    1. Analyse both different theories of international trade and Macroeconomic problems faced by open economies;

    2. Evaluate the assumptions underpinning these different theories of international trade and use this knowledge to identify an appropriate theory to answer a particular question; and

    3. Analyse advanced Macroeconomics models including the Dornbusch exchange rate overshooting model.

    Assessment Items

    Contact Hours

    Normally thirty nine hours per semester.


    Intermediate Macroeconomics; Intermediate Microeconomics.

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