Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ECO304
Module Title: International Trade
Module Level: Level 3
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM2
Originating Department: International Business School
Pre-requisites: ECO216
   
Aims
The aim of this module is to develop in students a good understanding of the main trade theories, their assumptions, implications, applications and limitations. The module provides students with essential skills to engage in an analytical discussion of the impact of trade patterns, trade policies of government, foreign direct investment and the World Trade Organization on the economies of both developing and developed countries.
Learning outcomes 
A. Understand recent empirical information regarding international trade and investment flows, including the ability to critically appraise and characterize such flows.

B. Understand and critically appraise the main theories of international trade, the gains from trade, and the consequences of trade policy interventions.

C. Discuss, present, and critically evaluate different theories in light of available data.


Method of teaching and learning 
There will be weekly lectures/presentations (2 hours) and a tutorial (1 hour).


The students will be organized in groups to present part of the material (10% of the grade), followed by a brief discussion of this material organized by another group (5% of the grade). Students are evaluated individually. Getting more experience in and becoming more comfortable with presenting or discussing in front of a group in English is a crucial learning experience.


During the module there will be individual assignments where students will look up and process relevant information for the topics covered in a particular week for a country of choice (subject to data availability). Students have to hand in assignments twice during the module (graded individually, total 15% of the grade). Applying theory and methods to a particular country is an insightful and motivating experience.
Syllabus 
The World Economy

The Balance of Payments

Global Economic Crisis

Classical Trade: Technology

Neoclassical Trade: Factor Abundance

Trade Policy

Imperfect Competition

Intra-Industry Trade

Strategic Trade Policy

International Organizations

Economic Integration

Geographical Economics

Multinational Firms

Trade and Growth

Heterogeneous Firms

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     12      112  150 

Assessment

Sequence Method % of Final Mark
1 Portfolio: Assignments I,Ii 15.00
2 Presentation In Group 10.00
3 Discussion In Group 5.00
4 Midterm Exam 20.00
5 Final Exam 50.00

Module Catalogue generated from SITS CUT-OFF: 1/24/2018 1:53:01 PM