Study-Unit Description

Study-Unit Description


CODE EST5410

 
TITLE Advances in European Union Trade Policy

 
UM LEVEL 05 - Postgraduate Modular Diploma or Degree Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 6

 
DEPARTMENT European Studies

 
DESCRIPTION The study-unit focuses on the economic analysis of trade policy related issues with an emphasis on the European Union.

Study-unit Aims:

This study-unit has the objective of providing an in-depth understanding of EU trade policy based on theory and evidence. A main goal is to analyse and discuss EU trade policy based on trade-theoretic foundation and the practical application of its trade agreements. The study-unit will provide students with analytical skills to investigate current developments on the EU trade-policy agenda. In this respect, particular focus is placed on the implications of liberalising trade with different trade partners.

Learning Outcomes:

1. Knowledge & Understanding:

By the end of the study-unit the student will be able to:
- Describe EU’s trade-policy agenda.
- Identify causes and effects of inter- and intra-industry trade.
- Identify effects of trade agreements with different trade partners.
- Explain implications of preferential and multilateral trade liberalisation.

2. Skills:

By the end of the study-unit the student will be able to:
- Discuss pros and cons of preferential vs. multilateral agreements.
- Evaluate arguments in the trade-policy debate.
- Analyse developments on the EU trade-policy agenda.
- Analyse developments on the WTO agenda.

Main Text/s and any supplementary readings:

Krugman, P.O, Obstfeldt, M. and M.J. Melitz (2012), “International Economics: Theory and Policy,” Pearson, 9th Edition. (Main textbook)

Various readings including textbook chapters and up-to-date articles and reports (Available at the library, on-line or provided as extracts on VLE).

 
ADDITIONAL NOTES Pre-requisite: Students who do not have an economics background must successfully complete the supplementary study-unit EST1040.

Failure in submitting the Seminar Paper or an unjustified absence in the Examination will result in an overall fail.

Class attendance is obligatory, as this is a seminar based course and assessment depends on class participation. Should a student miss more than two seminars, the lecturer may refuse to allow the student to sit for the exam.

 
STUDY-UNIT TYPE Seminar

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Seminar Paper [See Add. Notes] Yes 25%
Examination [See Add. Notes] (3 Hours) Yes 75%

 
LECTURER/S Susanna Thede

 

 
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 2024/5. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit