International Economics PG (11429.1)
Please note these are the 2023 details for this unit
| Available teaching periods | Delivery mode | Location |
|---|---|---|
| View teaching periods | Flexible |
UC - Canberra, Bruce |
| EFTSL | Credit points | Faculty |
| 0.125 | 3 | Faculty Of Business, Government & Law |
| Discipline | Study level | HECS Bands |
| Canberra School Of Politics, Economics And Society | Post Graduate Level | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
This unit consists of two parts. The first Microeconomics section is about international trade theory and trade policy. The second part is about Macroeconomic policy in economies with high levels of international capital mobility.
1. Compare and contrast the different theories of international trade and to make a judgement about their relative applicability to different countries;
2. Analyse the effects of different trade policies on both income distribution and the overall welfare of a country; and
3. Synthesise and explain an informed position in the debate over the effects of macroeconomic policies in an economy that is open to international capital flows.
1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - take pride in their professional and personal integrity
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
Learning outcomes
After successful completion of this unit, students will be able to:1. Compare and contrast the different theories of international trade and to make a judgement about their relative applicability to different countries;
2. Analyse the effects of different trade policies on both income distribution and the overall welfare of a country; and
3. Synthesise and explain an informed position in the debate over the effects of macroeconomic policies in an economy that is open to international capital flows.
Graduate attributes
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - take pride in their professional and personal integrity
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
Prerequisites
6234 Economics for Managers GCorequisites
None.Incompatible units
6408 International Economics and 11207 International EconomicsEquivalent units
None.Assumed knowledge
Some Microeconomics and Macroeconomics.| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|---|---|---|---|---|
| 2023 | UC - Canberra, Bruce | Semester 1 | 06 February 2023 | Flexible | Dr Craig Applegate |
The information provided should be used as a guide only. Timetables may not be finalised until week 2 of the teaching period and are subject to change. Search for the unit
timetable.
Required texts
Recommended books
There is no required textbook and I don't recommend purchasing a book.
Recommended reading would include:
Appleyard, Dennis and Field, Alfred International Economics
Mankiw N. Gregory Macroeconomics.
Any recent edition of the above books would do as they don't change in any substantial way between editions. They are available from the library.
Participation requirements
There are no participation marks for the course. But generally students who attend tutorials, either virtually or online, do better than those who do not.
Required IT skills
Familiarity with the basics of MS Word.
Work placement, internships or practicums
This unit involves WIL simulation
