International trade is a key issue on the world agenda and has considerable effects on countries’ businesses and consequently 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 to study the issues raised by the economic interaction between sovereign states. 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. Skills you will develop as part of this module include critical thinking for decision making and data analysis.
Lecture 16, Seminar 16
The module is optional for the following courses
MSc Economics
MSc Economics & Data
Also available as an elective module.
Article/summary review (1500 words) worth 20%.
Essay (1500 words) worth 20%
Online Test. 2 Hours, to be taken in 24 hour period, worth 60%.
Reassessment Method: Single instrument. 100% written assessment (online test, 2 hours)
The University is committed to ensuring that core reading materials are in accessible electronic format in line with the Kent Inclusive Practices. The most up to date reading list for each module can be found on the university's reading list pages.
On successfully completing the module, students will be able to:
1) Use the knowledge of different theories of trades in understanding the causes and consequences of trade
2) Critically evaluate the impact of openness, trade liberalisation and export orientation on the growth of developing nations
3) Analyse the main theoretical and empirical debates on the relation between trade and development, as well as the impact of the different policy approaches to trade
4) Demonstrate originality in the application of knowledge, together with a practical understanding of how established techniques of research and enquiry are used to create and interpret different dimensions of international trade
5) Effectively communicate trade and related theoretical and empirical models of varied complexity and how best to use appropriate methods under different assumptions
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