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International Economics (6408.5)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: School of Government & Policy


    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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