Study-Unit Description

Study-Unit Description

CODE ECN3011

 
TITLE International Trade

 
UM LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 5

 
DEPARTMENT Economics

 
DESCRIPTION Objectives:

This unit is divided into three parts. The first part aims at presenting an understanding of the main theories of international trade. The second part looks at international trade policy. The third part includes regional integration and reescource movement and international institutions.

Indicative list of topics to be covered:

Absolute and comparative advantage;
Patterns of trade and gains from trade;
Offer curves and factor endowments;
Trade restrictions and non-tariff barriers;
Arguments for and against protectionism;
Regional blocs;
International mobility of labour and capital;
Trade and growth;
Trade liberalization and international institutions.

Suggested Text Book:

Salvatore D. (2009) International Economics New York: John Wiley and Sons.

Other Readings:

Gerber J. (2010) International Economics Boston: Adisson Wesley.
Freestra RC and Taylor AR. (2009). International Economics.
Husted S. and Melvin M. (2009) Study Guide for International Economics.
Kugman PR and Obstfeld M. (2008) International Economics: Theory and Policy.

Other related material especially journal articles and case studies.

 
RULES/CONDITIONS Before TAKING THIS UNIT YOU MUST TAKE ECN2051 AND TAKE ECN2071

 
STUDY-UNIT TYPE Lecture and Tutorial

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Assignment Yes 30%
Examination (2 Hours) Yes 70%

 
LECTURER/S Rose Marie Azzopardi

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.

https://www.um.edu.mt/courses/studyunit/index.php