International Economics
UndergraduateTAS-BEA1052025
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Start dates
- 24 Feb 2025
- Loan available
- HECS-HELP and FEE-HELP available
International Economics
About this subject
Upon completion of this subject, the student should be able to:
- Use economic concepts to describe the economic behaviour of consumers, firms and governments within the context of international markets for goods and services.
- Use appropriate economic models to support the economic analysis of international trade, the assessment of various trade related government policies, and related macroeconomic issues.
- Effectively communicate economic reasoning and arguments supported by appropriate evidence.
- Module 1: What is globalization and international economics?
- Module 2: The basic theory of trade using demand and supply analysis
- Module 3: Supply oriented theories of trade - self-sufficiency vs trade dependency
- Module 4: Factor availability and factor endowments
- Module 5: Gains and losses from trade - export-oriented vs import-competing factors
- Module 6: International trade and economic growth
- Module 7: Trade policy: Analysis of tariff and non-tariff measures on large economies vs small open economies
- Module 8: Economic crisis, geopolitical, tensions and catastrophic events on protectionist measures
- Module 9: International factor movements - Foreign direct investment and Migration
- Module 10: International trade, global environmental challenges and implications for Tasmania
- Module 11: What determines the exchange rate?
- Module 12: How do exchange rate movements affect Tasmanian economy?
The study of international economics provides students with a balance of both micro and macro view of economics in a global perspective. The emphasis on international trade, investment and monetary related issues provide students the required analytical tools to understand the implications of trade and monetary issues on global and local economies. Students who successfully complete this subject will be able to demonstrate why global and regional uneven development occurs and why efficiency and equity do not always complement each other.
- Online Quizzes (Multiple Choice Qns) x 3 (15%)
- Final Exam (40%)
- Group Assignment (30%)
- Homework Submissions x 2 (15%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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Gain Uni credit
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
UndergraduateTAS-ECO-DEG
Bachelor of Psychological Science and Bachelor of Economics
UndergraduateTAS-PEC-DEG
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