Module BUSI56915: INTERNATIONAL ECONOMICS (DL)

Department: Economics, Finance and Business (Business)

BUSI56915: INTERNATIONAL ECONOMICS (DL)

Tied To

• N1D217: Business Administration (Finance) (Distance Learning) (For students entering before August 2007) (see Postgraduate Handbook 2011-2012 for details)
• N1D314: Business Administration (Distance Learning) (For students entering before August 2007) (see Postgraduate Handbook 2011-2012 for details)
• N1D317: Business Administration (Distance Learning) (For students entering before August 2007) (see Postgraduate Handbook 2011-2012 for details)

Pre-requisites

Corequisites

Excluded Combinations

Aims

• To provide students with:
• a critical appreciation of the forces influencing international trade and investment flows;
• advanced knowledge of, and the ability to apply, theories of international trade and foreign direct investment;
• an in-depth understanding of trade policies and the context in which they are developed;
• a critical appreciation of balance of payments and exchange rate policies and the international monetary system.

Content

• The rise of the global economy: the growth and changing pattern of international trade and investment
• Standard and modern theories of international trade
• Trade policy issues
• Trade liberalisation under GATT and the TWO
• The rise and impact of foreign direct investment
• Balance of payments accounting and fixed and floating exchange rates
• International monetary system and the globalisation of financial markets

Learning Outcomes

• By the end of this module students will have a critical appreciation of:
• the forces influencing international trade and investment flows;
• theories of international trade and foreign direct investment;
• trade policies and the context in which they are developed;
• the rise and impact of foreign direct investment;
• balance of payments and exchange rate policies;
• the international monetary system and global financial markets.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• The module is delivered in discrete Units. These are designed to enable the learning outcomes to be achieved through a combination of specially written material, directed reading, reflection through self-assessed assignments and guidance for further reading. Module tutors provide feedback on formative work and are available for individual consultation as necessary (by email, telephone, post or fax).
• The written assignment will test students’ understanding of relevant concepts and their ability to apply and interpret what they have learned to the analysis of a particular issue in depth.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

None.