| Unit name | International Trade |
|---|---|
| Unit code | ECON30009 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Hailey Yoon |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
EFIM20033 Intermediate Microeconomics AND OR EFIM20038 Microeconomic Analysis AND |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
We live in a globalized world, with countries and firms interdependent, and it is almost impossible to understand many real-world economic problems outside the context of globalization. The interdependence of firms and countries affects many areas, including economic growth, economic policies, and job markets.
In this unit, you will study trade theories, which can be used to explain why countries trade with each other, which goods they trade in, and how they realise the gains from trades. You will also build upon this theoretical basis to engage with trending research topics through recent research.
How does this unit fit into your programme of study?
This unit will build on the core macroeconomic, and empirical foundations you have learnt in the first two years of your course. The unit will provide synergies with other areas of economics, by combining topics from labour economics (e.g. labour market, inequality), industrial organisation (e.g. innovation, productivity), and environmental economics (e.g. environmental regulation). The tools you have learnt in econometrics will be important to help you to interpret, analyze and evaluate empirical literature.
An overview of content:
How will students, personally, be different as a result of the unit:
Learning outcomes
Students will be able to:
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Tasks which count towards your unit mark
3000 word essay (100%) (This assesses all learning outcomes
When assessment does not go to plan
Normally, there are no opportunities for reassessment in final year units. Where students are taking this as a non final-year unit, as part of an MSci, students would submit one 3000 word essay as a reassessment.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECON30009).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the Faculty workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an
assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
