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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.
- COURSE CONTENT
No.
Content
Time Allocation
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
0
6
2
Chapter 2: Mercantilism
2
1
2
4.5
3
Chapter 3: The Ricardian model
2
1
1
4.5
4
Chapter 3: The Ricardian model (cont.)
1
2
1
3
5
Chapter 3: The Ricardian model (cont.)
3
0
1
6
6
Chapter 4: The Heckscher-Ohlin Model
3
0
2.5
6
7
Chapter 4: The Heckscher-Ohlin Model (cont.)
1
2
2
3
8
Mid-term assignment discussion and achievement
2
1
2
4.5
9
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country
3
0
0
6
10
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country ( cont)
0
3
2.5
1.5
11
Chapter 5: Tariffs and Non-tariff Trade Barriers in case of small country ( cont)
3
0
1
6
12
Chapter 6: International economics integration
2
1
2
4.5
13
Chapter 7: Discussion on free trade and trade protectionism
2
1
2.5
4.5
14
Revision- Student presentations
2
1
2
4.5
15
Student presentations
1
2
1
3
Total
- COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
Proportion
Formative
Attendance
The number of attendances and participation in lesson
10%
Mid-term Assessment
.
Homework Assignments
30%
Summative
Final test
Short form and/or multiple choice tests
60%
100%