ECONS533-19B (HAM)

Topics in Trade and Development

15 Points

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School of Accounting, Finance and Economics


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Paper Description

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This module consists of two parts. The first part analyses international trade theory, policy and evidence in the contemporary world environment. Topics covered include the evolution of international trade theory and trade policy, static and dynamic comparative advantage, intra-industry trade and new trade theories, regional economic integration, customs union, the theory of the second best and their implications on trade, investment and economic growth.

Readings and discussions will focus on theoretical and empirical work relating to: the various patterns of trade, income distribution; factor movements, immigration policy, trade and economic growth, trade policy instruments and their effects, political economy of trade, the role of WTO and the future of multilateral trade.

The second part applies economic analysis to current issues in development and economic growth, with a focus on poverty, inequality, social protection, and safety nets. There is a balance of empirical work and critical appraisals based on independent research.

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Paper Structure

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This paper is taught in a two hour block lecture. These lecture sessions include student presentations and discussions on selected topics.

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Learning Objectives
    1. Describe and critically evaluate the development and main contributions to international trade theory.

    2. Describe and critically evaluate major trade policy instruments, their applicability/implementation and impacts in different situations.

    3. Describe and critically evaluate globalisation and its implications for households,

      business and governments in a range of countries.

    4. Describe and critically evaluate alternative measures of poverty, development

      and well-being.

    5. Empirically analyse development and trade policies.

    Linked to the following assessments:
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Ensure that you review due dates and submission methods carefully to ensure that all work is submitted accurately.
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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Presentation
29 Jul 2019
12:00 PM
  • In Class: In Lecture
2. Assignment
19 Aug 2019
5:00 PM
  • Online: Submit through Moodle
3. Research Paper
16 Sep 2019
5:00 PM
  • Online: Submit through Moodle
4. Empirical project and critical appraisal of poverty & inequality data
30 Sep 2019
5:00 PM
  • Online: Submit through Moodle
5. Empirical project and critical appraisal of social protection policies
21 Oct 2019
5:00 PM
  • Online: Submit through Moodle
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 C Feenstra and Alan M. Taylor (2017). International Trade. Worth Publishers. Macmillan Learning. New York.

Robert Carbaugh (2019) International Economics. CENGAGE Learning.

See Reading List online
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Recommended Readings

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Refer to the Schedule to see chapters that are relevant:

Refer to the Schedule to see the chapters relevant for this paper:

The Journal of Economic Literature publishes an index of current articles and new books. Refer to Category F: international Economics, especially:

F0: General

F3: International Finance

F4: Macroeconomic Aspects of International Trade and Finance


Journals and Periodicals

The Economist
, (HG11.E17) a weekly magazine published in London, is an excellent source of information. The latest edition is on display with other new periodicals in the Serials department on Tuesdays or Wednesdays.

Library Catalogue: * Oxford Review and Economic Policy
* OECD Economic Studies
* Journal of Comparative Economics
* Journal of Economic Policy
* Journal of Economic Perspectives
* Brookings Papers or Economic Activity

Journal Publications:
Below is a list of journals which are dedicated to the publication of international statistics. They provide up to date data and may be useful for essay/research work as well as background reading:

Title of JournalCall Number (on Level 1)

Balance of Payments Statistics Yearbook


Direction of Trade Statistics (IMF)


Human Development Report


International Financial Statistics(IMF)


OECD Economic Studies (monthly)


OECD Economic Outlook


OECD Economic Surveys (biannual country studies)

See Online Catalogue

World Development Report


World Economic Outlook


New Zealand Journal of Asian Studies

UN Statistical Yearbook

World Trade Organization (WTO) Annual Reports

The Journal of Economic Literature publishes an index of current articles and new books. Refer to Category F: international Economics, especially:

UNCTAD Trade Analysis and Information System (TRAINS):

Additional list of readings/articles will be provided in class for selected topics.

Paper Resources:
'My Web' is a one-stop website for access to materials and grades for papers you are enrolled in, WMS databases and more. It can be accessed from Enter your username and password, and a page of useful, personalised links will appear.

Data and Information Sources on Trade and Trade Policies

World Bank's World Development Indicators (WDI).Waikato University has a subscription to this WDI available through Library Catalogue.

Other crossnational data).KSG network users:

United Nations COMTRADE data base

UNCTAD Trade Analysis and Information System (TRAINS):

Bank of New Zealand

National Bank of New Zealand

Westpac Trust

Ministry of Foreign Affairs and Trade (MFAT) Publications

Other Resources:
There are no other readings recorded for this paper
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Online Support

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This paper uses resources found on MyWeb and in the University Library. Relevant links will also be provided during lectures or on this paper outline. Should you need any additional support for this paper please contact the department administrator.
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This paper has 2 class contact hours per week. Students are expected to study additionally a minimum of 6 hours per week in preparation for lectures, presentations, literature review, assignments, research paper and test. 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 papers: At least 40 points at 200 level or above in Economics




Restricted papers: ECON530, ECON531, ECON533

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