ECONS304-21B (HAM)

International Economics Issues

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: denise.martin@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
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Paper Description

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This paper aims to provide students with a thorough understanding of international markets in today’s dynamic world economy. The paper provides a theoretical but mostly applied approach to explaining the evolution of international trade theories, the patterns of trade, the effects of government trade policies on production, trade, growth, income distribution, economic integration and labour mobility. In addition the paper explores selected monetary aspects of international economic relations. This paper is applied to current international economic relations (especially those relevant to New Zealand) and contains a number of special topics including sustainable livelihoods, women and trade, digitalization of international flows, sustainable development and the role of trade and foreign direct investment (FDI), "trade for all", currency manipulation, and modelling trade policy impacts.

We strive to make this paper current, interesting and enjoyable. We urge students to actively participate in class and to consistently keep up with the course materials and assessment. Please do not hesitate to let the convenor know if you have any queries, comments or suggestions about the course.

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Paper Structure

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This paper will be taught through interactive lectures, student presentations, readings, online resources and discussions.

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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • 1. Understand the dynamic nature of the world economy and the drivers of trends and fluctuations in incomes, trade, exchange rates and the balance of payments.
    Linked to the following assessments:
  • 2. Understand the impacts of trade policies on trade activity and the economic welfare of households, businesses, communities and nations.
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  • 3. Understand long term drivers influencing globalisation and the alternative ways in which policy makers may respond to globalisation.
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  • 4. Evaluate the contribution of multilateral, regional and bilateral trade negotiations in furthering economic prosperity and expansion of trade and investment.
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  • 5. Examine progress towards meeting the Sustainable Development Goals and discuss policy choices in promoting sustainable development.
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  • 6. Understand the impacts of current events (such as Covid-19) in the global economy.
    Linked to the following assessments:
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Assessment

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 50:50. There is no final exam. The final exam makes up 50% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 50:50 or 0:0, whichever is more favourable for the student. The final exam makes up either 50% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Group assignment
3 Aug 2021
10:00 AM
10
  • Online: Submit through Moodle
2. Test
17 Aug 2021
1:00 PM
20
  • Hand-in: In Lecture
3. Group Presentations
15
  • In Class: In Workshop
  • Online: Submit through Moodle
4. Presentation summaries (individual)
7 Oct 2021
10:00 AM
5
  • Online: Submit through Moodle
5. Exam
50
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Robert Carbaugh (2019) International Economics, South-Western Cengage Learning

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Recommended Readings

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Other Resources

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Online Support

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Online resources can be accessed via Moodle or by links in the paper Outline

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Workload

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The expected overall workload for this 15 point paper is 150 hours.

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Linkages to Other Papers

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Prerequisite(s)

Prerequisite papers: ECON100 or ECON110 or ECONS101 or ECONS102

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: ECON306 and ECON406

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