Postgraduate Programme and Module Handbook 2023-2024

Module ECON40815: International Trade and Finance

Department: Economics

ECON40815: International Trade and Finance

Type	Tied	Level	4	Credits	15	Availability	Available in 2023/24	Module Cap

Tied to	L1T109
Tied to	L1T309
Tied to	L1T409
Tied to	N3K709

Prerequisites

None

Corequisites

None

Excluded Combination of Modules

None

Aims

to develop knowledge and analytical skills in international trade and international finance at an advanced level.

Content

Topics may include:
Ricardian Trade Theory
Heckscher-Ohlin Trade Theory
New Trade Theory
New New Trade Theory
Theory of exchange rate
News and bubbles in currency markets
Foreign exchange market efficiency
Currency crisis models
Exchange rate puzzles

Learning Outcomes

Subject-specific Knowledge:

have explored, understood and appreciated the complexity and diversity of the current academic literature and its implications for professional practice, and be able to identify open questions for their own research;
have demonstrated ability to learn and work independently in addressing challenging complex issues in international trade and international finance.

Subject-specific Skills:

have highly specialised and advanced academic, technical and professional skills in analysing issues in international trade and international finance.

Key Skills:

Written communication;
Planning, organising and time management;
Problem solving and analysis;
Using initiative;
Numeracy;
Computer literacy.

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

A combination of lectures, seminars and guided reading will contibute to achieving the aims and learning outcomes of this module. Summative assessment by written examination will test students' knowledge and understanding of the subject-matter, their critical judgement and problem-solving and critical skills.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total/Hours
Lectures	10	Weekly	2 hours	20
Seminars	4	Fortnightly	1 hour	4	■
Preparation and reading				126
Total				150

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / duration	Element Weighting	Resit Opportunity
Online examination	2 hours / 3000 words maximum	100%	Same

Formative Assessment:

At least one formative assessment to prepare students for the summative examination.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University