This module provides you with an in-depth understanding of current issues and theoretical debates in international trade, together with their policy implications. It also provides the knowledge and skills necessary for interpreting related studies of countries at different levels of development.
International trade is a key issue on the world agenda and has considerable effects on countries' economies. The effects occur at the micro level of firms and households as well as at the macro level, where they are the subjects of government policy debates. International Trade takes advantage of the tools of economic analysis, which are common to other areas in economics, to study the issues raised by the economic interaction between sovereign states.
Total contact hours: 17 hours
Private study hours: 133
Total study hours: 150
This module is optional for all Single and Joint Honours degree programmes in Economics.
This module is not available to students across degree programmes in the University.
Essay 1 (1250 words) (10%)
Essay 2 (1250 words) (10%)
Examination, 2 hours (80%)
**Please note that the exam in May/June 2023 will be Online (24 hour window)**
Reassessment Instrument: 100% exam
Appleyard, D. R., Field, A. J. and Cobb, S. L. (2010), International Economics, (7th ed.), Mcgraw-Hill.
Krugman, P.R., and M. Obstfeld (2009), International Economics, Theory and Policy, (7th ed.), Addison-Wesley
Krugman, P.R., Obstfeld, M. and Melitz, M.J. (2012), International Economics, (9th ed.), Addison-Wesley
The World Trade Organization, http://www.wto.org
See the library reading list for this module (Canterbury)
By the end of this module you will be able to:
* understand the traditional and modern theories that explain the existence of inter-industry and intra-industry trade.
* demonstrate in-depth understanding of current issues and theoretical debates in international trade, together with their policy implications.
* critically evaluate theoretical and empirical studies concerning international trade.
* understand and evaluate the relevance of the different instruments of trade policy
* critically review, assess and evaluate world trade negotiations.
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