Durham University
Programme and Module Handbook

Postgraduate Programme and Module Handbook 2023-2024 (archived)

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