ECON3017J International Trade Economics

Academic Year 2022/2023

We will study the determinants of international trade and how it can be affected by government policy.

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Curricular information is subject to change

Learning Outcomes:

On completing this module students will be able to:
(a) Compare at the level of formal analysis, the major models of international trade and be able to distinguish between them in terms of their assumptions and economic implications.
(b) Employ the principle of comparative advantage and its formal expression and interpretation within different theoretical models.
(c) Demonstrate and contrast the economic effects of trade policy instruments such as tariffs, quotas, export subsidies as well as those of the creation of preferential trading arrangements such as free trade areas, customs unions and common market.
(d) Identify and critically appraise major recent developments in the world trading system.

Indicative Module Content:

Main Textbook: International Economics – Theory and Policy, P.R. Krugman, M. Obstfeld and M.J. Melitz, 11th edition, Pearson 2018.

Topics
I. INTRODUCTION
- What is International Trade About?
- World Trade an Overview:
- Who Trades With Whom?
-The Changing Patterns of World Trade
II. INTERNATIONAL TRADE THEORIES (subject to change):
- Comparative Advantage: The Ricardian Model
- Specific factors model
- Trade and resources: The Heckscher-Ohlin model
- Economies of Scale and the International Location of Production
- Firms in the Global Economy
III. INTERNATIONAL TRADE POLICY

Student Effort Hours: 
Student Effort Type Hours
Autonomous Student Learning

60

Lectures

30

Tutorial

15

Total

105

Approaches to Teaching and Learning:
Learning in this course is through lectures, in-class exercises and personal study.



 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Required:
BDIC1034J - College English 1, BDIC1035J - College English 2, BDIC1036J - College English 3, BDIC1037J - College English 4, BDIC1047J - English for Uni Studies BDIC, BDIC1048J - English Gen Acad Purposes BDIC, BDIC2007J - English for Spec Acad Purposes, BDIC2015J - Acad Wrt & Comm Skills

Additional Information:
This module is delivered overseas and is not available to students based at the UCD Belfield or UCD Blackrock campuses.


 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: End of semester exam 2 hour End of Trimester Exam No Alternative linear conversion grade scale 40% No

40

Continuous Assessment: Continuous Assessment Throughout the Trimester n/a Alternative linear conversion grade scale 40% No

60


Carry forward of passed components
Yes
 
Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

For all assessment(s), students will be given a detailed correction and a possibility to discuss their performance with the lecturer.

Name Role
Noor Ahmed Khoso Tutor
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 

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