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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%