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Research School of Economics · ANU College of Business and Economics
This course involves on campus teaching. For students unable to come to campus there will be a remote option. See the Class Summary for more details. This course introduces the theory and policy of international trade, with applications to contemporary global economic issues. It considers why countries trade, what determines patterns of trade, who gains and who loses, how trade affects welfare and income distribution, and how trade policy—including tariffs, trade agreements, and trade disputes—can shape outcomes for firms, workers, consumers, and industries. The course typically also examines firm heterogeneity and export decisions, as well as the vulnerabilities associated with globalisation. Selected open-economy macroeconomic topics will also be covered, including exchange rates and the role of monetary and fiscal policy in an open economy.
Typical assessments may include but is not restricted to in-class exercises, written and oral assignments, quizzes, examinations, group project tasks, oral presentation, communication, and other assessment deemed appropriate to show attainment of the learning outcomes set for the course. Further details will be made available via the Class Summary.
Learning outcomes 1, 2, 3, 4, 5
130 hours in total over the semester consisting of lectures, tutorials and private study time. (130 hours in total)
See Class Summary.