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Module Title LH International Trade Theory
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 28540
Module Lead Gunes Bebek
Level Honours Level
Credits 10
Semester Semester 1
Restrictions None
Contact Hours Lecture-20 hours
Seminar-3 hours
Guided independent study-77 hours
Total: 100 hours
Description This module provides an advanced introduction to the core of international trade theory. Attention is paid to the use and relevance of various economic models in explaining international trade patterns and evaluating international trade policy. The main areas covered are: the Ricardian model of comparative advantage; neoclassical production and trade; factor endowments and trade; market structure, imperfect competition and trade and the theory of trade policy. Attention is also paid to the empirical evidence relating to these theories, and to what degree it provides support for them.
Learning Outcomes By the end of the module students should be able to:
  • demonstrate a critical understanding of central international trade theories explaining the patterns of trade, and the empirical evidence relating to these theories;
  • examine and evaluate the effects of trade and trade-related policies on welfare;
  • apply partial and general equilibrium models to analyse international trade.
Assessment 28540-01 : Class Test : Class Test (20%)
28540-02 : Exam : Exam (Centrally Timetabled) - Written Unseen (80%)
Assessment Methods & Exceptions 1-hour class test (20%), 2-hour written unseen examination (80%)
Other Duplicate of Dubai module 08 30468
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