EC367-6-SP-CO:
International Trade

The details
2018/19
Economics
Colchester Campus
Spring
Undergraduate: Level 6
Current
Monday 14 January 2019
Friday 22 March 2019
15
26 July 2019

 

Requisites for this module
(none)
(none)
(none)
(none)

 

(none)

Key module for

BA L100SK Economics,
BA 9O47 International Economics (Including Placement Year),
BA L115 International Economics,
BA L160 International Economics (Including Foundation Year),
BA L163 International Economics (Including Year Abroad),
BSC 5H18 International Economics (Including Placement Year),
BSC L116 International Economics,
BSC L161 International Economics (Including Foundation Year),
BSC L162 International Economics (Including Year Abroad)

Module description

The module focuses on theories and empirical evidence of international trade. It covers the Ricardian and Heckscher-Ohlin models in detail, and also examines more recent research on patterns of trade and "strategic" trade policies in the presence of imperfectly competitive markets. Attention will also be devoted to the political economy of trade policy.

The objective of the module is to familiarise students with the tools and basic concepts required to understand the forces that shape international trade and help determine trade policies. At the end of the module, the students should be able to make sense of discussions of international trade in the business press and to express their own opinion. The module also helps the student understand that economic policy must consider the significant interaction between different sectors of the economy. A final objective of the module is to further the student understands of the role of economic modelling. In particular, trade theory is a good illustration of how different models can (and must) be used to analyse a given economic issue.

In terms of employability skills, the module mainly offers a variety of academic skills and promotes external awareness. With regard to academic skills, the module encourages analytical reasoning, critical evaluation, and the ability to use and interpret mathematical relations. By doing so, it provides students with the economic background to debate world trade related issues. Indeed, discussions of real world applications promote external awareness among the students. Students are also encouraged to write the term paper to extend their knowledge, improve their research techniques and essay-writing skills.

Module aims

No information available.

Module learning outcomes

No information available.

Module information



Compulsory for:
Year 3 students on BA in International Economics and BSc in International Economics

Learning and teaching methods

1 lecture and one class per week in one term

Bibliography

This module does not appear to have a published bibliography.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   Test     
Coursework   Term paper    100% 
Exam  Main exam: 120 minutes during Summer (Main Period) 

Additional coursework information

Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance. For modules including a term paper, the term paper will be returned with individualised feedback that addresses what the marking criteria are and how you could improve your own work.

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
0% 0%
Module supervisor and teaching staff
Dr Michel Serafinelli
For further information, send an email message to ueco@essex.ac.uk.

 

Availability
Yes
Yes
No

External examiner

Dr Hui Pan
Coventry University
Senior Lecturer
Resources
Available via Moodle
Of 25 hours, 21 (84%) hours available to students:
4 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Economics

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