UNIT OUTLINE

UNIT OUTLINE
UNIT OUTLINE
Read this document to learn essential details about your unit. It will
also help you to get started with your studies.
BEA 703
International Trade
Semester 2, 2014
THIS UNIT IS BEING OFFERED IN:
HOBART
Taught by:
Dr Sarah Jennings
CRICOS Provider Code: 00586B
BEA 703, International Trade
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Contents
Contact Details ........................................................................................................................................ 2
Unit Description ...................................................................................................................................... 2
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s) ............................................................................ 3
Enrolment in the Unit ............................................................................................................................. 3
When does the unit commence? ............................................................................................................ 3
Intended Learning Outcomes and Generic Graduate Attributes for BEA 703 ........................................ 4
Learning Expectations and Teaching Strategies/Approach .................................................................... 5
Learning Resources ................................................................................................................................. 6
Technical requirements for MyLO ...................................................................................................... 6
Student Feedback via eVALUate ............................................................................................................. 8
Details of Teaching Arrangements .......................................................................................................... 9
Assessment ........................................................................................................................................... 11
Submission of Assessment Items .......................................................................................................... 13
Review of Assessment and Results ....................................................................................................... 14
Further Support and Assistance ............................................................................................................ 15
Academic Misconduct and Plagiarism .................................................................................................. 16
Study Schedule ...................................................................................................................................... 17
Contact Details
Unit coordinator/lecturer:
Sarah Jennings
Campus:
Hobart, Sandy Bay
Email:
[email protected]
Phone:
03 6226 2828
Fax:
03 6226 7587
Room number
Room 410, Commerce Building, Level 4
Consultation hours:
Thursday 11:00am to 12:00noon
To arrange an appointment at any other time please email
[email protected]
Unit Description
This unit provides students with an introductory level treatment of a wide range of issues related to
international economics. We investigate why nations trade, what they trade and who gains from this
BEA 703, International Trade
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trade. We then analyse the motives for countries and organisations to restrict and regulate
international trade and study the impacts of such policies on economic welfare. The unit also covers
selected topics in international macroeconomics: including the balance of payments and the
determination of exchange rates. There is also opportunity to explore selected contemporary trade
issues including globalisation, sustainability and the environment, certification and gender.
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s)
A basic proficiency in English language skills is assumed, as is an ability to work with simple algebraic
problems and to use graphical analysis to support explanations and arguments.
Enrolment in the Unit
Unless there are exceptional circumstances, students should not enrol in this unit after the end of
week two of semester, as the Tasmanian School of Business and Economics (TSBE) cannot guarantee
that:
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any extra assistance will be provided by the teaching team in respect of work covered in the
period prior to enrolment; and
penalties will not be applied for late submission of any piece or pieces of assessment that were
due during this period.
When does the unit commence?
The unit commences officially in Week 1 of Semester 2, 2014. Materials relevant to the unit will be
made available on MyLO one to two weeks prior to the commencement of the semester.
BEA 703, International Trade
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Intended Learning Outcomes and Generic Graduate Attributes for BEA 703
INTENDED LEARNING OUTCOMES
ASSESSMENT METHODS
GRADUATE ATTRIBUTE OUTCOMES
The assessments and teaching activities in this unit
have been designed to develop the following graduate
attributes in students.
In this unit you will learn:
In assessing this unit I will be looking at your
ability to:
Learning Outcome 1
 Define, measure and interpret key concepts in
international economics;
Questions on In-Class tests
and final exam
 Illustrate key international economic concepts
with real world examples;
Essay
Apply an economic way of thinking to
discuss the economic behavior of
consumers, firms and governments within
the context of international markets for
goods and services.
Learning Outcome 2
Use appropriate economic model and
graphical techniques to support the
economic analysis of international trade
flows, the assessment of various traderelated government policies, and various
macroeconomic issues including exchange
rate determination.
Learning Outcome 3
Discuss from various perspectives, a range
of contemporary and topical micro- and
macroeconomic trade related issues
Knowledge:
 Correctly use economic terminology.
The ability to transfer knowledge to complex and
uncertain economic/finance issues. Extensive
functioning knowledge of core field in economics and
finance.
 Apply economic thinking to discuss
issues/debate in international economics;
Questions on In-Class tests
and final exam
 Select the correct theory and model for the
problem at hand;
Essay
 Develop economic policy advice based on
international trade theory;
 Use graphs effectively in support of economic
analysis and explanations;
 Communicate economic analysis and policy
advice clearly in a written form.
Logical and creative thinking for solving complex
economics/finance problems.
Communication:
 Communicate economic thinking clearly in a
written report.
 Recognise and articulate interesting economic
questions about the world around you;
Problem-solving skills:
Final exam
Essay
Oratory and thinking skills that enable participation in
critical economic/finance discussions and the ability to
defend position. Written communication and
presentation skills to clearly articulate evaluations and
the implications of utilizing economic/finance theories
and analysis, in a manner appropriate to audience
needs.
Global perspective:
The ability to use economic/finance knowledge and
theories to evaluate decision making in the global
economic environment.
Social responsibility:
Understanding of the social responsibilities associated
with the welfare and distributional effects of
economic/finance practices.
BEA 703, International Trade
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Learning Expectations and Teaching Strategies/Approach
The University is committed to a high standard of professional conduct in all activities, and holds its
commitment and responsibilities to its students as being of paramount importance. Likewise, it
holds expectations about the responsibilities students have as they pursue their studies within the
special environment the University offers. The University’s Code of Conduct for Teaching and
Learning states:
Students are expected to participate actively and positively in the teaching/learning
environment. They must attend classes when and as required, strive to maintain steady
progress within the subject or unit framework, comply with workload expectations, and
submit required work on time.
These are some of the expectations we have of you as a student enrolled in this unit:
Workload Expectations
As a guide, it is expected that you will need to allocate at least an average of 8 hours per week to
study in this unit:
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3 hours for attendance at the lecture and workshop,
1 hour reviewing and organising lecture notes,
2 hours reading the textbook and other readings,
2 hours preparing for assignments workshops and assessments
Specific Attendance/Performance Requirements
While the lecture handouts for BEA703 are available via MyLO, most of the diagrams (of which there
are many) and other concepts cannot be easily understood just by reading the lecture notes. In fact
some of the diagrams are incomplete and will be completed and labelled in the lectures. Attendance
at lectures is required to understand the economic concepts and diagrams.
Past students have found that for BEA703 International Trade they principally learn by doing and
participating. The workshop exercises are designed to accomplish this role if students:
i)
Attempt the workshop exercises prior to the workshop
ii) Attend the workshop class to interact with other students and see and hear the solution to the
exercises.
Work, Health and Safety (OH&S)
The University is committed to providing a safe and secure teaching and learning environment. In
addition to specific requirements of this unit you should refer to the University’s policy at:
www.utas.edu.au/work-health-safety.
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Learning Resources
Prescribed Text
A prescribed text is a resource that you must have access to for the purposes of studying this unit.
The prescribed textbook is Pugel T.A. (2011), International Economics, 15th Edition, McGraw-Hill,
New York.
This text book is a standard text at many US and Australian universities. Each chapter has case
studies containing a real world situation that provides better understanding and practical application
of the concepts discussed in that chapter. Older editions are satisfactory.
Recommended Texts
A recommended text is a resource that you can use to broaden your understanding of the topics covered in this unit. You
may also find a recommended text helpful when conducting research for assignments.
Recommended text is Dominick Salvatore (2013), International Economics, 10th Edition, Wiley, New
Jersey.
This is an excellent alternative text, which covers the same material and can assist students with a
slightly different perspective. Many students find it useful to consult a variety of references as part
of their study program. Some useful additional references are:
Introductory Microeconomics:

Frank, R.H., Jennings, S. and Bernanke, B.S. (2012), Principles of Microeconomics, 3rd Edition,
McGraw-Hill Irwin.
International Trade:

Appleyard, D.R., Field, A.J. and Cob, S.L., (2010), International Economics, 7th Edition,
McGraw-Hill Irwin.

Carbaugh, R.L., (2009), International Economics, 12th Edition, South-Western Cengage
Learning.

Krugman, P. and Obstfeld, M., (2008), International Economics: Theory and Policy, 8th Edition,
Addison Wesley.
My Learning Online (MyLO)
Access to the MyLO online learning environment unit is required for this unit. The unit has its own
MyLO site.
To log in to MyLO and access this unit, go to: http://www.utas.edu.au/learning-teaching-online .To
access the unit, select BMA XXX. These instructions will help you to log in for the first time.
For help using MyLO go to http://www.utas.edu.au/learning-teaching-online.
Technical requirements for MyLO
For help and information about setting up your own computer and web browser for MyLO, see:
http://uconnect.utas.edu.au/
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While on campus, you can access the University network and MyLO via a laptop computer or other
mobile device. See: http://uconnect.utas.edu.au/uana.htm
MyLO can be accessed via Library computers and in computer labs on campus. See:
http://www.utas.edu.au/it/computing-distributed-systems/computer-labs-facilities-and-locations
For further technical information and help, contact the UTAS Service Desk on 6226 1818 or at
http://www.utas.edu.au/service-desk during business hours.
Learning to use MyLO
When you login to MyLO, you will see a unit called Getting Started with MyLO. Enter the unit to
learn more about MyLO and to practice using its features.
MyLO Expectations
1.
Students are expected to maintain the highest standards of conduct across all modes of
communication, either with staff or with other students. Penalties may be imposed if the Unit
Coordinator believes that, in any instance or mode of communication, your language or
content is inappropriate or offensive. MyLO is a public forum. Due levels of respect,
professionalism and high ethical standards are expected of students at all times.
2.
Submission of assessment tasks via MyLO presumes that students have read, understood and
abide by the requirements relating to academic conduct, and in particular, those requirements
relating to plagiarism. All work submitted electronically is presumed to be “signed-off” by the
student submitting as their own work. Any breach of this requirement will lead to student
misconduct processes.
3.
MyLO is an Internet service for teaching and learning provided by the University. It is
expected that you check your units in MyLO for updates at least once a day.
BEA 703, International Trade
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Using MyLO for BEA 703
IMPORTANT!: Before you are provided with access to your unit’s MyLO resources, you must
complete the Student Agreement form. To do this:
1. Access the unit’s MyLO site.
2. Locate the Begin Here folder and click on it to open it. You can find the Begin Here folder by
scrolling down until you see Content Browser OR by clicking on the Content button.
OR
3. Once you have opened the Begin Here folder, click on the Student Agreement file.
OR
4. Read the terms, then check the I agree box. You should now be able to access all available
unit content on MyLO. You only need to do this once in each MyLO unit.
Other important resources on MyLO
Students are expected to regularly check on MyLO for any updates in relation to the unit. Essentially,
MyLO has been incorporated into the delivery of this unit to enhance students' learning experience
by providing access to up-to-date course materials and allowing for online discussion. In addition to
the lecture slides which are uploaded on MyLO on a weekly basis, other unit-related materials such
as supplementary readings and assessment guides can also be accessed on MyLO. Besides, students
are also expected to engage in an active discussion about issues related to the unit through the
discussion forums or chat rooms that are available on MyLO, and this is particularly helpful for
distance students who may utilise the facilities available on MyLO to get in touch with their fellow
distance students and form groups to complete some of the assessment tasks for this unit. In this
regard, MyLO should be treated as the unit's critical platform for learning and communication.
Student Feedback via eVALUate
At the conclusion of each unit students will be asked to provide online responses to a number of
matters relating to the learning and teaching within that unit. All students are asked to respond
honestly to these questions, as all information received is used to enhance the delivery of future
offerings.
BEA 703, International Trade
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Changes to this Unit Based on Previous Student Feedback
The University of Tasmania, on a regular basis, evaluates its teaching and learning environment
through the Student Evaluation of Teaching and Learning (SETL) system. The University values
feedback from students and from time to time you will be asked to complete a SETL evaluation for a
unit of study. For more information on SETL go to:
http://student.admin.utas.edu.au/setl/students/index.htm
The most recent change made to this unit as a result of such feedback involves ensuring that
notation used from different sources is consistent.
Details of Teaching Arrangements
Lectures
Lectures are held weekly, beginning in Week 1 in the Agricultural Science Lecture Theatre:
Thursdays 9:00am to 11:00pm in (SB.LifeSci369 LT3)
Tutorials
Workshops are provided primarily to improve your understanding of the unit’s material. To benefit
most from them, you should come well prepared and should already have attempted the workshop
exercises. Solutions to selected workshop exercises will be put on MyLO following the workshop.
Missing the workshop classes and relying on reading the workshop solutions is a flawed learning
approach that in the past has resulted in students under-performing or failing the unit.
Workshops (WS) are held weekly, beginning in Week 2.
Thursday 2:00pm to 2:50pm in (SB.Com513)
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Communication, Consultation and Appointments
TO KEEP UP WITH ANNOUNCEMENTS REGARDING THIS UNIT
Check the MyLO News tool at least once every two days. The unit News will appear when you first
enter our unit’s MyLO site. Alternatively, click on the News button (towards the top of the MyLO
screen) at any time.
WHEN YOU HAVE A QUESTION
Other students may have the same question that you have. Please go to the Q&A Forum on our
course’s MyLO site. Check the posts that are already there – someone may have answered your
question already. Otherwise, add your question as a new topic. Students are encouraged to support
each other using this forum – if you can answer someone’s question, please do. We will attempt to
respond to questions within 48 business hours. If your question is related to a personal issue or your
performance in the unit, please contact us by email instead.
WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR SUBMISSION OF AN
ASSESSMENT TASK
If you have a personal question related to your studies or your grades, please contact us by email.
A NOTE ABOUT EMAIL CORRESPONDENCE
You are expected to check your UTAS email (WebMail) on a regular basis – at least three times per
week. To access your WebMail account, login using your UTAS username and password at
https://webmail.utas.edu.au/.
You are strongly advised not to forward your UTAS emails to an external email service (such as Gmail
or Hotmail). In the past there have been significant issues where this has occurred, resulting in UTAS
being blacklisted by these email providers for a period of up to one month. To keep informed, please
use your UTAS email as often as possible.
*IMPORTANT* Please email me when you have a question or issue of a personal nature, for
example, you have a family issue that is affecting your studies. For general questions about the unit,
please add them to the Q&A forum on our unit’s MyLO site. This way, other students can also
benefit from the answers.
I receive a lot of emails. Be realistic about how long it might take for me to respond. Allow me at
least two (2) business days to reply. Staff are not required to respond to emails in which students do
not directly identify themselves, emails which are threatening or offensive, or emails that come from
external (non-UTAS) email accounts.
When you write an email, include the following information. This helps the teacher determine who
you are and which unit you are talking about.





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Family name;
Preferred name;
Student ID;
Unit code (i.e., BMA 703)
Questions
If your question is about an assessment task, please include the assessment task
number or name.
BEA 703, International Trade
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Assessment
Assessment Schedule
In order to pass this unit you must achieve an overall mark of at least 50% of the total available
marks. Details of each assessment item are outlined below.
Assessment Items
Due Date
Value/Weighting
In-Class Test 1
Week 19
15%
Link to Learning
Outcomes
LO1; LO2
In-Class Test 2
Week 24
15%
LO1; LO2
Essay
Monday 6th October
(Week 25) by 4.00pm
20%
Final exam
Exam period
50%
LO1; LO2; LO3
LO1; LO2; LO3
Assessment Item 1 – In-Class Test 1
Task Description:
The test will be based on the materials from Week 14 to Week 18.
Task Length
45 minutes
Assessment Criteria:
Ten multiple choice questions and a series of problems which require you to
complete a clearly defined tasks/actions (e.g., define, explain, sketch a
diagram, fill in a table, calculate). Marks are assigned to each task.
Link to Unit’s
Learning Outcomes:
LO1; LO2
Due Date:
During the first 45 minutes of lecture in Week 19.
Value:
15%
Assessment Item 2 – In-Class Test 2
Task Description:
The test will be based on the materials from Week 19 to Week 23.
Task Length
45 minutes
Assessment Criteria:
Ten multiple choice questions and a series of short problems which require
you to complete clearly prescribed tasks/actions (e.g., define, explain, sketch
a diagram, fill in a table, and calculate). Marks are assigned to each task.
Link to Unit’s
Learning Outcomes:
LO1; LO2
Due Date:
During the first 45 minutes of lecture in Week 24
Value:
15%
BEA 703, International Trade
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Assessment Item 3 Task Description:
The essay requires you to apply the economic way of thinking and
the theories/approaches of international trade to discuss and
analyse an issue/debate in international trade. Detailed guidelines
and instructions will be distributed in lectures and posted on MyLO.
Task Length
Maximum 2500 words
Assessment Criteria:
Your paper will be assessed in accordance with the criteria set out in the
essay assessment rubric which will be distributed with the essay topic.
Link to Unit’s
Learning Outcomes:
LO1; LO2; LO3
Due Date:
Monday 6th October (Week 25) by 4.00pm
Value:
20%
Assessment Item 4 - Final exam
Task Description:
The final exam will be based on the materials from Week 13 to Week 26. The
final exam consists of multiple choice, short answer and multi-part questions.
Due Date:
Exam period
Value:
50%
Your final examination for this unit will be held during the scheduled examination period as
indicated by Student Administration in correspondence to you.
Examinations will normally be scheduled Monday to Saturday inclusive. Examinations may be held
during the day or evening and students should consult the university information which will be made
available towards the end of semester.
You are advised to make any necessary arrangements with employers now for time off during the
examination period to sit this examination. Your participation at the scheduled time is not
negotiable unless there are exceptional circumstances. Note that you will be expected to sit the
examination at your recorded study centre. To find out more go to the Exams Office website:
http://www.utas.edu.au/exams/home .
BEA 703, International Trade
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Submission of Assessment Items
Lodging Assessment Items
Assignments must be submitted electronically through the relevant assignment drop box in MyLO.
All assessment items must be handed in by 2.00pm on the due date. Where appropriate, unit
coordinators may also request students submit a paper version of their assignments.
All assignments must have a TSBE Assignment Cover Sheet, which is available as a blank template
from the TSBE website: [http://www.utas.edu.au/business-and-economics/student-resources]. All
assignments must include your name, student ID number, tutorial day/time, and your tutor’s name.
If this information is missing the assignment will not be accepted and, therefore, will not be
marked.
Please remember that you are responsible for lodging your assessment items on or before the due
date and time. We suggest you keep a copy. Even in ‘perfect’ systems, items sometimes go astray.
Late Assessment and Extension Policy
In this Policy
1.
(a) ‘day’ or ‘days’ includes all calendar days, including weekends and public holidays;
(b) ‘late’ means after the due date and time; and
(c) ‘assessment items’ includes all internal non-examination based forms of assessment
2.
This Policy applies to all students enrolled in TSBE Units at whatever Campus or geographical
location.
3.
Students are expected to submit assessment items on or before the due date and time specified
in the relevant Unit Outline. The onus is on the student to prove the date and time of
submission.
4.
Students who have a medical condition or special circumstances may apply for an extension.
Requests for extensions should, where possible, be made in writing to the Unit Coordinator on
or before the due date. Students will need to provide independent supporting documentation
to substantiate their claims.
5.
Late submission of assessment items will incur a penalty of 10% of the total marks possible for
that piece of assessment for each day the assessment item is late unless an extension had been
granted on or before the relevant due date.
6.
Assessment items submitted more than five (5) days late will not be accepted.
7.
Academic staff do NOT have the discretion to waive a late penalty, subject to clause 4 above.
BEA 703, International Trade
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Academic Referencing and Style Guide
In your written work you will need to support your ideas by referring to scholarly literature, works of
art and/or inventions. It is important that you understand how to correctly refer to the work of
others and maintain academic integrity.
Failure to appropriately acknowledge the ideas of others constitutes academic dishonesty
(plagiarism), a matter considered by the University of Tasmania as a serious offence.
The appropriate referencing style for this unit is: the Harvard style. For information on presentation
of assignments, including referencing styles:
http://utas.libguides.com/content.php?pid=27520&sid=199808
Review of Assessment and Results
Review of Internal Assessment
It is expected that students will adhere to the following policy for a review of any piece of
continuous/internal assessment. The term continuous/internal assessment includes any assessment
task undertaken across the teaching phase of any unit (such as an assignment, a tutorial
presentation, and online discussion, and the like), as well as any capstone assignment or take-home
exam.
Within five (5) days of release of the assessment result a student may request a meeting with the
assessor for the purpose of an informal review of the result (in accordance with Academic
Assessment Rule No. 2 Clause 22 – www.utas.edu.au/university-council/universitygovernance/rules). During the meeting, the student should be prepared to discuss specifically the
marks for the section(s) of the marking criteria they are disputing and why they consider their
mark(s) is/are incorrect. The assessor will provide a response to the request for review within five (5)
days of the meeting.
If the student is dissatisfied with the response they may request a formal review of assessment by
the Head of School, with the request being lodged within five (5) days of the informal review being
completed. A Review of Internal Assessment Form must be submitted with the formal review
(http://www.studentcentre.utas.edu.au/examinations_and_results/forms_files/review_of_assessm
ent.pdf).
Review of Final Exam/Result
In units with an invigilated exam students may request a review of their final exam result. You may
request to see your exam script after results have been released by completing the Access to Exam
Script Form, which is available from the TSBE Office, or at the following link –
http://www.utas.edu.au/business-and-economics/student-resources. Your unit coordinator will
then contact you by email within five (5) working days of receipt of this form to go through your
exam script.
Should you require a review of your final result a formal request must be made only after
completing the review of exam script process list above. To comply with UTAS policy, this request
must be made within ten (10) days from the release of the final results (in accordance with
Academic Assessment Rule No. 2 Clause 22 – www.utas.edu.au/university-council/universitygovernance/rules). You will need to complete an Application for Review of Assessment Form, which
BEA 703, International Trade
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can be accessed from
www.studentcentre.utas.edu.au/examinations_and_results/forms_files/review_of_assessment.pdf.
Note that if you have passed the unit you will be required to pay $50 for this review.
The TSBE reserves the right to refuse a student request to review final examination scripts should
this process not be followed.
Further Support and Assistance
If you are experiencing difficulties with your studies or assessment items, have personal or lifeplanning issues, disability or illness which may affect your study, then you are advised to raise these
with your lecturer or tutor in the first instance.
If you do not feel comfortable contacting one of these people, or you have had discussions with
them and are not satisfied, then you are encouraged to contact:
DIRECTOR OF POSTGRADUATE PROGRAMS
Name:
Dr Rob Hecker
Room:
304, Commerce Building, Sandy Bay
Email:
[email protected]
Students are also encouraged to contact their Undergraduate Student Adviser who will be able to
help in identifying the issues that need to be addressed, give general advice, assist by liaising with
academic staff, as well as referring students to any relevant University-wide support services. Please
refer to the Student Adviser listings at www.utas.edu.au/first-year/student-advisers for your
advisers contact details.
There is also a range of University-wide support services available to students, including Student
Centre Administration, Careers and Employment, Disability Services, International and Migrant
Support, and Student Learning and Academic Support. Please refer to the Current Students website
(available from www.utas.edu.au/students) for further information.
If you wish to pursue any matters further then a Student Advocate may be able to assist.
Information about the advocates can be accessed from www.utas.edu.au/governance-legal/studentcomplaints.
The University also has formal policies, and you can find out details about these policies from the
following link – www.utas.edu.au/governance-legal/student-complaints/how-to-resolve-a-studentcomplaint/self-help-checklist.
BEA 703, International Trade
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Academic Misconduct and Plagiarism
Academic misconduct includes cheating, plagiarism, allowing another student to copy work for an
assignment or an examination, and any other conduct by which a student:
(a) seeks to gain, for themselves or for any other person, any academic advantage or advancement
to which they or that other person are not entitled; or
(b) improperly disadvantages any other student.
Students engaging in any form of academic misconduct may be dealt with under the Ordinance of
Student Discipline. This can include imposition of penalties that range from a deduction/cancellation
of marks to exclusion from a unit or the University. Details of penalties that can be imposed are
available in the Ordinance of Student Discipline – Part 3 Academic Misconduct, see
www.utas.edu.au/universitycouncil/legislation.
Plagiarism is a form of cheating. It is taking and using someone else’s thoughts, writings or
inventions and representing them as your own, for example:
• using an author’s words without putting them in quotation marks and citing the source;
• using an author’s ideas without proper acknowledgment and citation; or
• copying another student’s work.
It also means using ones’ own work from previously submitted assessment items if repeating a unit.
If you have any doubts about how to refer to the work of others in your assignments, please
consult your lecturer or tutor for relevant referencing guidelines, and the academic integrity
resources on the web at http://www.academicintegrity.utas.edu.au/ The intentional copying of
someone else’s work as one’s own is a serious offence punishable by penalties that may range from
a fine or deduction/cancellation of marks and, in the most serious of cases, to exclusion from a unit,
a course, or the University.
The University and any persons authorised by the University may submit your assessable works to
a plagiarism checking service, to obtain a report on possible instances of plagiarism. Assessable
works may also be included in a reference database. It is a condition of this arrangement that the
original author’s permission is required before a work within the database can be viewed.
For further information on this statement and general referencing guidelines, see
www.utas.edu.au/plagiarism/ or follow the link under ‘Policy, Procedures and Feedback’ on the
Current Students homepage.
BEA 703, International Trade
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Study Schedule
Week
Start of Week
1
14 July 2014
2
21 July 2014
3
28 July 2014
4
4 August 2014
5
11 August 2014
6
18 August 2014
7
25 August 2014
Topic/s and activities
Text Chapter/s
Introduction to the Unit
Module 1
 Thinking as an Economist
 Supply, Demand and the Market
Process
 Economic Efficiency
Module 2: An Introduction to the
theory of international trade
 Absolute advantage and
comparative advantage
 Opportunity costs and the
production possibility curve
 Indifference curves
 Production and consumption
together
Module 2: An Introduction to the
theory of international trade
 Determining equilibrium prices
 Supply and demand and offer
curves
 The gains to trade
 The terms of trade
Module 2: An Introduction to the
theory of international trade
 What determines the trade
pattern?
 Factor endowment
 The Heckscher-Ohlin Theory
Evidence of gains from trade and
recent changes in the pattern of
international trade
Module 2: An Introduction to the
theory of international trade
 Economic growth and trade
In-Class Test 1
Other explanations for trade
Unit Outline
Chapters 1 and 2
Module 3: Trade policy
Protectionism - Tariffs
Chapter 8
Chapters 2, 3 and 4
Due Dates
Lectures Begin
Workshops Begin
Chapters 4 and 5
Chapters 5
Chapter 7
Chapter 6
Mid-semester break: Monday 1 – 5 September
In-Class Test 1
BEA 703, International Trade
8
9
10
11
12
13
8 September 2014
Module 3: Trade policy
Protectionism - Non-tariff
barriers
The Protectionist debate
15 September 2014 Module 3: Trade policy
Subsidies, Trade blocs/blocks
and the Environment
22 September 2014 Module 4: International
macroeconomics
 Balance-of-payment
 What determines exchanges
rates?
29 September 2014 In-Class Test 2
 Foreign exchange and
government policy
6 October 2014
Module 4:
 China, India and Indo China –
Are they different?
13 October 2014
Game theory and International
trade
 Unit Review and Feedback
18
Chapters 9 and 10
Chapters 11,12 and
13
Chapters 16 and 19
Chapter 20
Not applicable
Handout
Examination Period: 25 October to 11 November 2014
In-Class Test 2
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