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 316-404 International Trade

Credit Points

12.5

HECS Band

2

Coordinator

Dr M Amiti

Prerequisites

316-301 International Trade Policy and 316-313 Microeconomics.

Semester

2 (view timetable)

Contact

Three hours of lectures and seminars a week

Subject Description

This subject will cover new trade theories, which have been developed in imperfectly competitive models with scale economies. It develops advanced analytical tools for evaluating welfare effects of various trade policies under different industry structures such as monopolies and oligopolies; and welfare implications of trade and industry policies under various different trading regimes. It will also consider the effects of trade policy on industrialisation and growth, and income inequality. The theories are applied to new issues in international trade such as dumping, environmental and labour standards.

Assessment

Class assignments of up to 2000 words (30%); 2-hour final exam (70%).

Prescribed Texts
  • Markusen, J., Melvin, W. Kaempfer and K. Maskus, International Trade: Theory and Evidence. McGraw-Hill, 1995.
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Status:                   Official 2001
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Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au