Year
2021
Units
4.5
Contact
1 x 4-day intensive workshop yearly
Topic description

This topic is designed to enable students to develop a principles-based understanding of the world's increasingly international economic integration. An appreciation of the theories and evidence supporting the links between trade and economic growth are analysed from both a historical and current perspective. Trade policy issues and the role of institutions are examined and evaluated together with a systematic assessment of the international financial and monetary system which supports capital flows within and between international economies.

Educational aims

This topic aims to:

  • Provide a historical context for understanding contemporary international economic integration
  • Give an overview of relevant theoretical approaches
  • Provide a detailed understanding of trade theory, comparative advantage, tariffs and non-tariff barriers
  • Examine trade policy, especially in developing country contexts
  • Given an account of regional trade practices
Expected learning outcomes
On completion of this topic you will be expected to be able to:

  1. Critically assess the elements of international economic integration
  2. Analyse and assess the relationship between trade, investment and economic growth
  3. Describe & analyse the institutional factors which can affect trade policy
  4. Actively contribute and add value to international business discussions
  5. Work effectively and collaboratively in study/project teams