1. COURSE OBJECTIVES
On completion of this course, students should be able to
– Understand the concepts of absolute advantage and comparative advantage
– Use models and new approaches to explain international trade
– Apply economic models to evaluate government trade policies
– Discuss the rationales for free trade and protectionism.
2. COURSE CONTENT
|
No. |
Content |
Time Allocation |
Contributions CLO |
|||
|
Hour(s) on the class |
Essays, exercise, Assignments |
Self-study with teacher’s tutorials |
||||
|
Lecture |
Practice, Seminar |
|||||
|
1 |
Chapter 1: Introduction to International Economics |
3 |
0 |
1.5 |
5.5 |
1,6 |
|
2 |
Chapter 2: Mercantilism |
3 |
0 |
1.5 |
5.5 |
1,2,6 |
|
3 |
Chapter 3: The Ricardian model |
3 |
0 |
1.5 |
5.5 |
1,2,6 |
|
4 |
Chapter 3: The Ricardian model (cont.) |
3 |
0 |
1.5 |
5.5 |
1,2,46 |
|
5 |
Chapter 3: The Ricardian model (cont.) |
3 |
0 |
1.5 |
5.5 |
1,2,46 |
|
6 |
Chapter 4: The Heckscher-Ohlin Model |
3 |
0 |
1.5 |
5.5 |
1,2,3,4,6 |
|
7 |
Chapter 4: The Heckscher-Ohlin Model (cont.) |
3 |
0 |
1.5 |
5.5 |
1,2,3,6 |
|
8 |
Mid-term assignment discussion and achievement |
3 |
0 |
1.5 |
5.5 |
1,2,3,5,6 |
|
9 |
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country |
3 |
0 |
1.5 |
5.5 |
1,2,3,5,6 |
|
10 |
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country ( cont) |
3 |
0 |
1.5 |
5.5 |
1,2,5,6 |
|
11 |
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country ( cont) |
3 |
0 |
1.5 |
5.5 |
1,2,5,6 |
|
12 |
Chapter 6: International economics integration |
3 |
0 |
1.5 |
5.5 |
1,2,5,6 |
|
13 |
Chapter 7: Discussion on free trade and trade protectionism |
3 |
0 |
1.5 |
5.5 |
1,2,5,6 |
|
14 |
Revision- Student presentations |
3 |
0 |
1.5 |
5.5 |
1,2,5,6 |
|
15 |
Student presentations |
3 |
0 |
1.5 |
5.5 |
1,2,3,4,5,6 |
|
Total |
45 |
0 |
22.5 |
82.5 |
||
3. COURSE ASSESSMENT
– Score ladder: 10
– Type of assessment
|
Form |
Content |
Criteria |
CLO |
Proportion |
|
|
Formative |
Attendance |
|
The number of attendances and participation in lesson |
1,2,3,4,5,6 |
10% |
|
Mid-term Assessment |
. |
Homework Assignments |
1,2,3,4,5,6 |
30% |
|
|
Summative |
Final test |
Short form and/or multiple choice tests |
1,2,3,4,5,6 |
60% |
|
|
|
|
|
Total: |
100% |
|