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An Introduction to ECN317
International Trade and International Finance
Prerequisite: equivalent knowledge to
that of Principles of Economics
What does the module do?
The aims of this 20-credit level 6 undergraduate module are:
 To investigate major trends in international trade, why trade
occurs and why governments intervene.
 To investigate the balance of payments, exchange rates and
the international monetary system.
 To discuss the implications of the globalisation of economic
activity.
Intended Learning Outcomes
By the end of this module you should be able to:
 Explain and evaluate alternative theories of international
trade in relation to modern trade patterns;
 Debate issues of globalisation;
 Apply economic analysis to current policy issues in world
trade;
 Analyse and explain the importance of international financial
markets;
 Appraise the development and performance of the
international monetary system.
Teaching and Learning Style
 This module is delivered by a series of weekly lectures and
fortnightly tutorials.
 Attendance to lectures and tutorials are compulsory. We use
the Personal Response System (the ‘clickers’) to record
attendance.
 The student cohort will be split into different streams; each
stream will be assigned a tutorial time/date. You will need to
prepare for the tutorials by answering questions on the
tutorial sheets and / or reading articles.
 Outside of lectures and tutorials, you should spend a
considerable amount of time reading, note making, research,
reflective learning and revision on this module.
Topics covered
• First half of the module
– World trade growth and structure
– Early and modern theories of international trade
– International trade policy (tariffs, quotas etc.)
– Regionalism, multilateralism (EU, NAFTA, WTO etc.)
– Globalisation, multinationals, Foreign Direct Investment
• Second half of the module
– Balance of payments, exchange rates
– Exchange rate regimes and exchange rate determination
– International lending and financial crises
– International macroeconomics and finance
– Regional monetary integration
Assessment
This module is assessed by coursework (40%) and examination
(60%).
• ASSESSED COURSEWORK (40%)
There will be a single piece of coursework which is compulsory.
Details will be released later.
• EXAMINATION (60%)
There will be a three hour written examination worth 60% of the
final mark for the module.

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ECN317: International Trade & International Finance

  • 1. An Introduction to ECN317 International Trade and International Finance Prerequisite: equivalent knowledge to that of Principles of Economics
  • 2. What does the module do? The aims of this 20-credit level 6 undergraduate module are:  To investigate major trends in international trade, why trade occurs and why governments intervene.  To investigate the balance of payments, exchange rates and the international monetary system.  To discuss the implications of the globalisation of economic activity.
  • 3. Intended Learning Outcomes By the end of this module you should be able to:  Explain and evaluate alternative theories of international trade in relation to modern trade patterns;  Debate issues of globalisation;  Apply economic analysis to current policy issues in world trade;  Analyse and explain the importance of international financial markets;  Appraise the development and performance of the international monetary system.
  • 4. Teaching and Learning Style  This module is delivered by a series of weekly lectures and fortnightly tutorials.  Attendance to lectures and tutorials are compulsory. We use the Personal Response System (the ‘clickers’) to record attendance.  The student cohort will be split into different streams; each stream will be assigned a tutorial time/date. You will need to prepare for the tutorials by answering questions on the tutorial sheets and / or reading articles.  Outside of lectures and tutorials, you should spend a considerable amount of time reading, note making, research, reflective learning and revision on this module.
  • 5. Topics covered • First half of the module – World trade growth and structure – Early and modern theories of international trade – International trade policy (tariffs, quotas etc.) – Regionalism, multilateralism (EU, NAFTA, WTO etc.) – Globalisation, multinationals, Foreign Direct Investment • Second half of the module – Balance of payments, exchange rates – Exchange rate regimes and exchange rate determination – International lending and financial crises – International macroeconomics and finance – Regional monetary integration
  • 6. Assessment This module is assessed by coursework (40%) and examination (60%). • ASSESSED COURSEWORK (40%) There will be a single piece of coursework which is compulsory. Details will be released later. • EXAMINATION (60%) There will be a three hour written examination worth 60% of the final mark for the module.