The module analyses the essential theoretical and policy issues of international trade and finance. In doing so care is taken to link both international trade and finance theory with real world events.
The module aims to:
On successful completion of the module, students will be able to:
Topics to be covered include:
The module consists of a weekly workshop comprising a combination of lecture component and seminar component. Students will periodically receive problem sets and assigned readings that will form the basis of the interactive element of the seminar component of the workshops. This will help students develop/practice problem solving techniques and apply/relate theory to practice.
Definitive UNISTATS Category | Indicative Description | Hours |
---|---|---|
Scheduled learning and teaching | Workshop | 66 |
Guided independent study | Preparation of problem sets | 120 |
Guided independent study | General independent study and exam revision | 114 |
Total (number of credits x 10) | 300 |
The assessment strategy involves: (a) a 'seminar portfolio' ie two (45 -50 minutes) seen class tests based on problem sets tackled in previous seminar classes - the purpose of which is to act as a formal test of basic understanding and knowledge at the same time as helping students prepare for the questions in the exam; (b) a two hour exam - essentially a continuation of the problem sets, to ensure breadth of understanding, progress the problem solving skills of students and support the other learning outcomes of the module.
A two hour unseen end of year exam will make up the remainder of the assessment programme.
Learning Outcome | Assessment Strategy |
---|---|
Demonstrate comprehension of the main analytical frameworks used to explain international trade, associated financial flows and other activities on international balance sheets; | Seminar portfolio (Formative/Summative), examination (Summative). |
Critically evaluate these frameworks and develop perspectives on their contributions to the understanding of international trade and finance and international economic relations; | Seminar portfolio (Formative/Summative), examination (Summative). |
Demonstrate an understanding of the interplay between these models, data and policy making. | Seminar Portfolio (Formative/Summative), examination (Summative). |
Description of Assessment | Definitive UNISTATS Categories | Percentage |
---|---|---|
Practical Exam | Portfolio of class tests | 50 |
Written Exam | Two hour unseen examination | 50 |
Total (to equal 100%) | 100% |
It IS NOT a requirement that any element of assessment is passed separately in order to achieve an overall pass for the module.
Feenstra, R.C. and A.M.Taylor (2008). International Economics, New York: Worth Publishers.
Krugman, P., M. Obstfeld and M. Melitz (2011). International Economics: Theory and Policy, 9/e, London: Pearson Addison-Wesley.
Marrewijk, C. van (2002). International Trade & The World Economy, Oxford: Oxford University Press.
Brenton, P., H. Scott and P. Sinclair (1997). International Trade, Oxford: Oxford University Press.
Caves, R., J. Frankel and R. Jones (2006). World Trade & Payments, London: Pearson Addison-Wesley.
Husted, S and M. Melvin, M. (2010). International Economics, London: Pearson Addison-Wesley.