
ECONS304-19B (HAM)
International Economics Issues
15 Points
Staff
Convenor(s)
Sayeeda Bano
4931
MSB.2.21
Monday 2-3pm and by appointment
sayeeda.bano@waikato.ac.nz
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Paper Description
This paper aims to provide students with a thorough understanding of international trade and financial flows in today’s dynamic world economy. The paper applies microeconomic and macroeconomic tools and provides a theoretical and applied approach to explaining the evolution of international trade theories, the patterns of trade, the effects of government trade policies on production, trade, growth, the income distribution, economic integration and immigration. This paper also examines the socio-economic and trade characteristics of the developing countries and their integration with the developed nations and the UN Goals for Sustainable Development. In addition, the paper presents an analysis of the monetary aspects of international economic relations, the balance of payments, the international monetary system, foreign exchange markets and exchange rate determination.
We strive to make this paper current, interesting and enjoyable. We urge students to actively participate in class and be consistent in keeping up with the readings, assignments and projects. Please do not hesitate to see your paper convenor if you have any queries, comments or suggestions about the course.
Paper Structure
The lecture blocks include workshop exercises, discussions and student presentations.
Learning Outcomes
Students who successfully complete the course should be able to:
Assessment
Assessment Components
The internal assessment/exam ratio (as stated in the University Calendar) is 50:50. The final exam makes up 50% of the overall mark.
Required and Recommended Readings
Required Readings
Robert Carbaugh (2019) International Economics, South-Western Cengage Learning
Recommended Readings
Yarbrough and Yarbrough (2011), The World Economy: Trade and Finance (7th Ed). Thomson South-West Publishers
R. Caves, J Frankel and R Jones (2007), World Trade and Payments, Harper Collins, College Publishers
Hendrik Van den Berg (2004) International Economics, Irwin, Graw Hill.
Pugel A. Thomas (2004) International Economics, Graw Hill, Irwin.
No single book is suitable for this paper, so readings will come from various sources. A list of selected readings will be given out in class.
Other Resources
Online Support
Online resources can be accessed via Moodle or by links in the paper Outline
Workload
Attending weekly lectures and presentations, Discussion questions : 60 hours.
Preparing for the Assignment: 30 hours.
Preparing for the Test and Exam including: 3-5 hours. Chapter-end question practice and readings each week: 60 hours.
The expected overall workload for this 15 point paper is 150 hours.
Linkages to Other Papers
Prerequisite(s)
Prerequisite papers: ECON100 or ECON110 or ECONS101 or ECONS102
Restriction(s)
Restricted papers: ECON306 and ECON406