Module: International Economics

Module Specifications.

Current Academic Year 2024 - 2025

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Date posted: September 2024

Module Title	International Economics
Module Code	EF310 (ITS) / ECO1013 (Banner)
Faculty	DCU Business School	School	DCU Business School
Module Co-ordinator	Kate Hynes
Module Teachers	Edgar Morgenroth, Robert Gillanders
NFQ level	8	Credit Rating	5
Pre-requisite	Not Available
Co-requisite	Not Available
Compatibles	Not Available
Incompatibles	Not Available

None
Array

Description

This module focuses on the basic concepts of international trade where the overarching interest is what determines the flow of goods, services and capital across countries. This module explores the factors that shape trade patterns from both a theoretical and empirical viewpoint. Concepts will be discussed intuitively, graphically and mathematically.

Learning Outcomes

1. Understand why countries trade, what countries trade and who gains from trade.
2. Explain how and why governments intervene in trade.
3. Demonstrate and contrast the economic effects of trade policy instruments such as tariffs, quotas and export subsidies.
4. Examine the determinants of foreign direct investment.
5. Understand the dynamics of international trade and the changing geopolitical environment in which policies exist.
6. Identify and critically appraise major recent developments in the world trading system.

*Type*	*Hours*	*Description*
Workload	Full-time hours per semester
Lecture	24	No Description
Independent Study	75	No Description
Assignment Completion	26	No Description
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

The Ricardian Model

Specific Factors and Income Distribution

The Heckscher-Ohlin Model

The Standard Trade Model

External Economies of Scale

Firms in the Global Economy

The Instruments of Trade Policy

Trade Policy

Nominal and Real Exchange Rates

Output and the Exchange Rate in the Short Run

Assessment Breakdown
Continuous Assessment	40%	Examination Weight	60%

Type	Description	% of total	Assessment Date
Course Work Breakdown
In Class Test	n/a	30%	n/a
Performance evaluation	n/a	10%	n/a

Reassessment Requirement Type
Resit arrangements are explained by the following categories: Resit category 1: A resit is available for both* components of the module. Resit category 2: No resit is available for a 100% continuous assessment module. Resit category 3: No resit is available for the continuous assessment component where there is a continuous assessment and examination element.
* ‘Both’ is used in the context of the module having a Continuous Assessment/Examination split; where the module is 100% continuous assessment, there will also be a resit of the assessment
This module is category 1

Indicative Reading List

Feenstra and Taylor: 0, International Trade,

Other Resources

None