Registry
Module Specifications
Archived Version 2023 - 2024
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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. | |||||||||||||||||||||||||||||||||||||||||
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 |
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Indicative Content and
Learning Activities The Ricardian ModelSpecific Factors and Income DistributionThe Heckscher-Ohlin ModelThe Standard Trade ModelExternal Economies of ScaleFirms in the Global EconomyThe Instruments of Trade PolicyTrade PolicyNominal and Real Exchange RatesOutput and the Exchange Rate in the Short Run | |||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources None | |||||||||||||||||||||||||||||||||||||||||
Programme or List of Programmes | |||||||||||||||||||||||||||||||||||||||||
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