MAE213 - International Trade
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MAE303 |
| Unit Chair: | Trimester 2: Cong Pham |
| Prerequisite: | MAE101, MAE120, MAE203 or MAT203 |
| Corequisite: | Nil |
| Incompatible with: | MAE303, MET303 |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 2 hour on-campus lecture each week (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 2 hour recorded lecture each week and 1 x 1 hour online seminar in weeks 4, 7 and 10. |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Content
This unit is about how nations and economies gain from trade and the reasons why they may be reluctant to pursue free trade at times. It covers topics such as factors determining international trade flows, trade policies, international organisations like GATT/WTO and trade-related international finance. A few new analytical techniques will also be learned. However, the unit is primarily of value in providing further practice in applied economic analysis, in the sense of using conceptual tools to analyse issues of trade, protectionism and globalisation being debated in the world economy. Upon completion of this unit, you will understand how free trade benefits the economy and businesses and the policies and decision-making processes that ensure stable trading relationships and well-functioning international supply chain of goods and services.
Learning Outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Explain the theoretical basis for trade between nations and assess the gains from trade and evaluate possible reasons why nations may be reluctant to pursue free trade policies. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
| ULO2 | Analyse and compare the most common instruments of trade policy and evaluate the trade policies of developing countries in relation to their goals for economic development. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
| ULO3 | Evaluate the major structural and current policy issues of the World Trade Organisation (WTO), analyse different exchange rate systems and their impact on international trade and trade policies. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking |
| ULO4 | Evaluate different trade policies to communicate major issues of international trade and analyse the relation between international trade and economic development and major international trade organisations. | GLO2: Communication |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) (Online) Multiple choice quiz | 1 hour | 7% | Week 4 |
| Assessment 2: (Individual) (Online) Multiple choice quiz | 1 hour | 7% | Week 6 |
| Assessment 3: (Individual) (Online) Multiple choice quiz | 1 hour | 6% | Week 9 |
| Assessment 4: (Individual) Problem-based written assignment | 1500 words | 30% | Information not yet available |
| End-of-unit assessment task: Written | 2 hours | 50% | End-of-unit assessment period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: Achieve at least 50% of the marks available on the End-of-unit assessment to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Learning resource
The texts and reading list for MAE213 can be found via the University Library.
Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.