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.
BEA703 International Trade
Semester 2, 2015
THIS UNIT IS BEING OFFERED IN:
HOBART
Taught by:
Dugald Tinch
CRICOS Provider Code: 00586B
BEA703, International Trade
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Contents
Contact Details ........................................................................................................................................ 2
Unit Description ...................................................................................................................................... 3
Prior Knowledge &/or Skills OR Pre-Requisite Unit(s) ............................................................................ 3
Enrolment in the Unit ............................................................................................................................. 3
When does the unit commence? ............................................................................................................ 3
University of Tasmania Graduate Quality Statement ............................................................................. 3
Intended Learning Outcomes for BEA703 .............................................................................................. 4
Learning Expectations and Teaching Strategies/Approach .................................................................... 5
Learning Resources ................................................................................................................................. 6
Student Feedback via eVALUate ............................................................................................................. 8
Details of Teaching Arrangements .......................................................................................................... 8
Assessment ........................................................................................................................................... 10
Submission of Assessment Items .......................................................................................................... 12
Review of Assessment and Results ....................................................................................................... 13
Further Support and Assistance ............................................................................................................ 14
Academic Misconduct and Plagiarism .................................................................................................. 15
Study Schedule ...................................................................................................................................... 16
Tutorial/Workshop Schedule ................................................................................................................ 17
Contact Details
Unit Coordinator:
Dugald Tinch
Campus:
Hobart, Sandy Bay
Room Number:
Centenary 222
Email:
[email protected]
Phone:
03 6226 1877
Consultation:
Wednesday 3pm or any other time by arrangement.
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Unit Description
This unit provides students with an introductory level treatment of a wide range of issues related to
international trade and international economics. We investigate why nations trade, what they trade
and who gains from this 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, distributional impacts of trade
and certification.
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’s teaching schedule commences in the week beginning 13 July 2015.
University of Tasmania Graduate Quality Statement
The units in your course, including this unit, have been designed to cumulatively develop the
graduate qualities outlined in the University’s Graduate Quality Statement:
Our graduates are equipped and inspired to shape and respond to the opportunities and
challenges of the future as accomplished communicators, highly regarded professionals and
culturally competent citizens in local, national, and global society. Graduates acquire subject and
multidisciplinary knowledge and skills and develop critical and creative literacies and skills of
inquiry. Our graduates recognise and critically evaluate issues of social responsibility, ethical
conduct and sustainability.
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Intended Learning Outcomes for BEA703
INTENDED LEARNING OUTCOMES
Learning Outcome 1
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.
RELATED ASSESSMENT CRITERIA OR
MODULE LEVEL LEARNING OBJECTIVES
ASSESSMENT METHODS
 Define, measure and interpret key
concepts in international economics;
Questions on In-Class test
and final exam
 Illustrate key international economic
concepts with real world examples;
Essay and Debate
 Correctly use economic terminology.
 Apply economic thinking to discuss
issues/debate in international
economics;
Questions on In-Class test
and final exam
Essay and Debate
 Select the correct theory and model for
the problem at hand;
 Communicate economic thinking clearly
in a written report and orally.
 Recognise and articulate interesting
economic questions about the world
around you;
 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 and
oral form.
Final exam
Essay and Debate
COURSE LEVEL LEARNING OUTCOMES
Successful completion of this unit supports your development of
course learning outcomes, which describe what a graduate of a
course knows, understands and is able to do. Course learning
outcomes are available from the Course Coordinator. Course
learning outcomes are developed with reference to national
discipline standards, Australian Qualifications Framework (AQF),
any professional accreditation requirements and the University of
Tasmania’s Graduate Quality Statement.
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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 10 hours per week to
study in this unit:
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3 hours for attendance at the lecture and workshop,
1.5 hour reviewing and organising lecture notes,
2.5 hours reading the textbook and other readings,
3 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)
Complete the workshop exercises prior to the workshop and
ii) Attend the workshop class to interact with other students and see and hear the solution to the
exercises.
Work, Health and Safety (WH&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/Software
A prescribed text is a resource that you must have access to for the purposes of studying this unit. Information regarding
how these may be purchased is attached.
The prescribed textbook is Pugel, TA 2011, International economics, 15th edn, McGraw-Hill, New York.
Recommended Texts/Software
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.
Many students find it useful to consult a variety of references as part of their study program. Some
useful additional references are:
International Trade:

Appleyard, DR, Field, AJ & Cob, SL 2014, International economics, 8th edn, McGraw-Hill Irwin.

Carbaugh, RL, 2009, International economics, 12th edn, South-Western Cengage Learning.

Krugman, P & Obstfeld, M 2008, International economics: theory and policy, 8th edn, Addison
Wesley.

Salvatore D 2013, International economics, 10th edn, Wiley, New Jersey.
Other Recommended Resources/Software
In addition to the texts (or software) recommended above, students are also expected to be familiar
with the key academic journals in the discipline from which useful insights may be derived.
There are a range of Journals on the topics of International Trade and International Economics.
Readings will be suggested for each workshop activity.
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 into MyLO and access this unit, go to: http://www.utas.edu.au/mylo. To access the unit,
select BEA703.
For help using MyLO go to http://www.utas.edu.au/mylo.
Technical requirements for MyLO
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.
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Learning to use MyLO
When you log into MyLO, you will see a unit called Getting Started with MyLO. Enter this unit to
learn more about MyLO, and to practise 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.
Using MyLO for BEA703
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,
BEA703, International Trade
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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. Further, 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: this is particularly helpful for distance
students who may utilise the facilities available on MyLO to contact their fellow distance students
and form groups to complete any group 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.
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
Lecture/Tutorial Mode
Lectures are held weekly, beginning in Week 1.
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.
Workshops (WS) are held weekly, beginning in Week 2.
Blended Learning Mode
Lecture and workshop materials will be available on MyLO.
Distance Mode
This is an attending-students unit only.
BEA703, International Trade
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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 the appropriate teaching staff member by email instead.
WHEN YOU HAVE AN ISSUE THAT WILL IMPACT ON YOUR STUDIES OR THE SUBMISSION OF AN
ASSESSMENT TASK
If you have a personal question related to your studies or your grades, please contact teaching staff
by email.
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.
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.
We receive a lot of emails. Be realistic about how long it might take for us to respond. Allow at least
TWO (2) business days to reply. Staff are not required to respond to emails where students do not
directly identify themselves, are threatening or offensive, or come from external (non-UTAS) email
accounts.
When you write an email, you must include the following information. This helps teaching staff to
determine who you are and which unit you are talking about.






Family name;
Preferred name;
Student ID;
Unit code (i.e., BEA703)
Questions
If your question is about an assessment task, please include the assessment task
number or name.
BEA703, International Trade
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Assessment
How Your Final Result Is Determined
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 Schedule
Assessment Items
Due Date
Value/Weighting
Link to Learning
Outcomes
In-Class Test
Lecture in Week 9
15%
LO1; LO2
Debate
Lecture in Week 12
15%
LO1; LO2; LO3
Essay
Monday 5 October
30%
LO1; LO2; LO3
Final Exam
Exam Period
40%
LO1; LO2; LO3
Assessment Item 1 – In-Class Test
Task Description:
The test will be based on the materials from Week 1 to Week 8.
Task Length:
1 hour
Assessment Criteria:
A series of problems which require you to complete a defined tasks/actions
(e.g., discuss, 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 hour of lecture in Week 9.
Value:
15%
Assessment Item 2 – In class debate
Task Description:
Extending on the work carried out in the workshops throughout the unit in
teams you will debate a topic of relevance to international trade and
international economics.
Task Length:
TBC depending on group sizes (20 – 30 minutes)
Assessment Criteria:
You will be marked based upon peer review of your performance in the
debate and the quality of the feedback you give to other groups in assessing
their performance. A detailed rubric will be distributed with your topics for
debate.
Link to Unit’s
Learning Outcomes:
LO1; LO2; LO3
BEA703, International Trade
Due Date:
During the first 45 minutes of lecture in Week 12
Value:
15%
11
Assessment Item 3 – Essay
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. Your essay will be on the
same topic as your debate – but will require you to give a balanced
overview of the topic rather than arguing from a certain position.
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 topics.
Link to Unit’s
Learning Outcomes:
LO1; LO2; LO3
Due Date:
Monday 5 October (Week 12) by 4.00pm
Value:
30%
Assessment Item 4 – Final exam
Task Description:
The final exam will be based on the materials from Week 1 to Week 13. The
final exam consists of short answer and multi-part questions.
Due Date:
Exam period
Value:
40%
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.
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Submission of Assessment Items
Lodging Assessment Items
Assignments must be submitted electronically through the relevant assignment drop box in MyLO.
Students must ensure that their name, student ID, unit code, tutorial time and tutor’s name (if
applicable) are clearly marked on the first page. If this information is missing, the assignment will
not be accepted and, therefore, will not be marked.
Where relevant, Unit Coordinators may also request students submit a paper version of their
assignments. Students will be advised by the Unit Coordinator of the appropriate process relevant
to each campus (Hobart, Launceston or Cradle Coast).
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.
2.
3.
4.
5.
6.
7.
(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
This Policy applies to all students enrolled in TSBE Units at whatever Campus or geographical
location.
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.
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.
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.
Assessment items submitted more than five (5) days late will not be accepted.
Academic staff do NOT have the discretion to waive a late penalty, subject to clause 4 above.
Academic Referencing and Style Guide
Before starting their assignments, students are advised to familiarise themselves with the following
electronic resources.
The first is the Harvard Referencing System Style Guide, which can be accessed from the UTAS
library: http://utas.libguides.com/content.php?pid=27520&sid=199808. The Harvard style is the
appropriate referencing style for this unit and the guide provides information on presentation of
assignments, including referencing styles. 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.
BEA703, International Trade
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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 second is the Tasmanian School of Business and Economics’ Writing Assignments: A Guide,
which can be accessed at: http://www.utas.edu.au/business-and-economics/student-resources ..
This guide provides students with useful information about the structure and style of assignments in
the TSBE.
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/academic-governance/academicsenate/academic-senate-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 internal
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 is available at the following link:
http://www.utas.edu.au/business-and-economics/student-resources/forms. The form must be
submitted to the TSBE Office.
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/forms. 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/academic-governance/academicsenate/academic-senate-rules . You will need to complete an Application for Review of Assessment
Form, which can be accessed from http://www.utas.edu.au/exams/exam-and-results-forms. 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.
BEA703, International Trade
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Further Support and Assistance
If you are experiencing difficulties with your studies or assessment items, have personal or lifeplanning issues, disability or illness that 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:
ACADEMIC DIRECTOR – POSTGRADUATE PROGRAMS
Name:
Dr Rob Hecker
Room:
307, Centenary 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
adviser’s 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 those from
that link.
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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
http://www.utas.edu.au/university-council/university-governance/ordinances.
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 one’s 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.utas.edu.au/academic-integrity/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.
BEA703, International Trade
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Study Schedule
Week
1
2
3
4
5
6
7
Start of Week
Monday 13 Jul
Monday 20 Jul
Monday 27 July
Monday 3 Aug
Monday 10 Aug
Monday 17 Aug
Monday 24 Aug
Topic/s and activities
Text Chapter/s
Introduction to the Unit and The theory of international
trade

Thinking as an Economist

Supply, Demand and the Market Process

Economic Efficiency

Absolute advantage and comparative advantage
The theory of international trade 1

Opportunity costs and the production possibility
curve

Indifference curves

Production and consumption together

Determining equilibrium prices

Supply and demand and offer curves
Developing a model of international trade
During the lecture and workshop slots you will have the
opportunity to work with high school students from
across Tasmania developing and running a working class
experiment of international trade.
The theory of international trade 2

The gains to trade

The terms of 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
The theory of international trade 3

Other explanations for trade

Economic growth and trade
Unit Outline
Chapters 1 and 2,3
Trade policy 1

Protectionism - Tariffs

Protectionism - Non-tariff barriers

The Protectionist debate
Chapters 8-10
Trade policy 2

Subsidies, Trade blocs/blocks

Trade and the environment

Considerations of developing countries
Chapters 12 - 14
Chapters 2, 3 and 4
Due Dates
Lectures Begin
Workshops
Begin
N/A
Chapters 4 and 5
Chapter 6 and 7
Mid-Semester Break: 31 August – 4 September inclusive
8
Monday 7 Sept
International macroeconomics 1

Balance-of-payments

What determines exchanges rates?
In-class test
International macroeconomics 2

Foreign exchange and government policy

International lending and financial crisis
Macroeconomic trade policies 1
9
Monday 14 Sept
10
11
Monday 21 Sept
Monday 28 Sept
12
Monday 5 Oct
Student debates
13
Monday 12 Oct
Feedback from debates.
Unit Review and Feedback
Macroeconomic trade policies 2
Chapters 16 - 19
Chapters 1 - 14
Chapter 20 and 21
In class test
Chapters 22 and 23
Chapters 24 and 25
Student Debates
Essays submitted
Handout
Examination Period: 24 October – 10 November 2015
BEA703, International Trade
17
Tutorial/Workshop Schedule
Please note that the tutorial schedule commences in week 2 of semester.
Week
Start of Week
2
Monday 20 July
3
Monday 27 July
4
Monday 3 August
5
Monday 10 August
6
Monday 17 August
7
Monday 24 August
Topic/s and activities
In the first workshop we will
be developing a working
model of international trade
for use the following week.
Running class model with
high school students
The theory of internation
trade 1
The theory of internation
trade 2
The theory of internation
trade 3
Trade policy 1
Text Chapter/s
Due Dates
N/A
N/A
2-5
5-7
6-7
8-10
Mid-Semester Break: 31 August – 4 September inclusive
8
Monday 7
September
Trade policy 2
12-14
9
Monday 14
September
International
Macroeconomics 1
16-19
10
International
Macroeconomics 2
Macroeconomic trade policy
20-21
12
Monday 21
September
Monday 28
September
Monday 5 October
13
Monday 12 October
Revision session
11
22-23
Student Debates
Student
Debates
All
Examination Period: 24 October – 10 November 2015
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