Module Identifier EC33120  
Module Title INTERNATIONAL TRADE AND TRADE POLICY  
Academic Year 2006/2007  
Co-ordinator Mr Nicholas Perdikis  
Semester Semester 1  
Pre-Requisite EC10120, EC10320, EC10510 and EC10610  
Course delivery Lecture   18 Hours.  
  Other   2 Hours. Debate  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  80%
Semester Assessment One piece of coursework - 2500 words20%
Supplementary Exam2 Hours  80%
Supplementary Assessment One piece of coursework - 2500 words20%

Learning outcomes

On successful completion of this module students should be able to:
Have a knowledge of the structure, pattern and growth of world trade.

Understand the determinants of trade and empirical evidence.

Appreciate the arguments for and against globalisation.

Have a knowledge of the impact of protective measures on economies and companies.

Understand the rationale behind the formation of economic blocs.

Appreciate the role of the WTO and its dispute settlement procedures.

Aims

This module aims to provide students with an understanding of the underlying causes of trade patterns, trade policy issues, the role of the WTO and the formation of regional economic blocs.

Brief description

This module introduces students to the structure, patterns and growth of international trade and its causes, globalisation and the role of trade policy and the WTO as well as examining the reasons for regional economic blocs and their implications.

Content

Introduction - world trade, structure, pattern growth
The determinants of trade patterns
Globalisation and trade policy
Trade policy instruments
The role of the WTO
Regionalism and the world economy

Transferable skills

More specifically by taking this module students will enhance several transferable skills. Attendance at lectures should help note taking. Essay writing will enhance writing as well as time management skills and problem solving. The debates should also enhance teamwork, communication and presentational skills and reinforce further time management skills. The inclusion of web sites and encouragement to use the library fully should help to enhance basic IT and research skills.

Reading Lists

Books
** Recommended Text
Appleyard, D and Field, A J International Economics 4th edition. McGraw Hill
Ingham, B International Economics: A European Focus FT Prentice Hall
Kreinin, M E International Economics 9th Edition. South Western Thompson
Sawyer, W C and Sprinkle, R L International Economics 2nd edition. Pearson Prentice Hall
** Supplementary Text
Kerr, W A and Perdikis, N. (1995) The Economics of International Business Chapman and Hall
Winters, L A International Economics 4th Edition. Routledge

Notes

This module is at CQFW Level 6