Please note - Swinburne University of Technology

~ ~ 3 3 4 lnternational Trade
No. of hours per week: three hours
Prerequisites: BE1 10 Microeconomics and BE220
Macroeconomics
Instruction: lectureltutorial
Assessment: examinationlassignment
Subject aims and description
To encourage students to recognise the importance of
international trade to the Australian economy and to equip
students to appreciate and evaluate the ways in which
government and business can improve Australia's
international trade performance.
The subject combines an examination of the nature of
economic theory relating to international trade, trade
restrictions and industry policy, with discussion of key
international trade issues of importance to the Australian
g business community and government.
$1 Topics covered include:
lnternational trade and the Australian economy
composition and direction of trade
Australia's place in world trade
The economics of trade and trade restrictions
.I basis of trade and gains from trade
I explanations of trade patterns
5 trade restrictions - nature, reasons, and effects
2, regional trading blocs
Australia's trade environment
globalisation of world trade
3
n strategic trade policy and Australian competitiveness
* Australia in the East Asian region
8.
ar References
*
n. Kreinin, M. lnternational Economics -A Policy Approach. 6th edn,
ID New York, Harcourt Brace Jovanovich, 1991
3
n Lindert, P.H. lnternational Economics. 9th edn, Homewood, Illinois,
ID
Irw~n, 1991
~ ~ 3 3 5 lnternational Finance
No. of hours per week: three hours
Prerequisites: BE1 10 Microeconomics and BE220
Macroeconomics
Instruction: lectureltutorial
Assessment: examination/assignment, multiple
choice testlessay
Subject aims and description
The intention in this subject is to provide students with the
theoretical and analytical skills necessary for the
understanding and evaluation of international financial issues
which are of importance to the Australian business
community and government.
Topics covered include:
the international financial environment;
Australia's external position;
exchange rate theories and systems;
the operation of foreign exchange markets;
the international financial system;
international banking;
international regulation.
This course is particularly relevant for students who may
work in areas which have international financial or trade
dealings.
References
Allan, R., Elstone, R., Lock, G. and Valentine, T. Foreign Exchange
Management Sydney, Allen and Unwin, 1990
Khoury, Sarkis, The Deregulation of the World Financial Markets.
New York, Quorum Books, 1990
Madura, J. InternationalFinancial Management. 3rd edn, St. Paul,
Minn, West Publishing Co., 1992
Manuell, G. Floating Down Under - Foreign Exchange in Australia.
Sydney, Law Book Co., 1986
Skully, M. (ed.), lnternational Corporate Finance. North Ryde,
N.S.W., Butterworths, 1990
~ ~ 3 3 6 Economics of Social Issues
No. of hours per week: three hours
Prerequisites: BE1 10 Microeconomics and BE220
Macroeconomics
Instruction: lecture/tutorial
Assessment: examination/assianment. - rnulti~le
choice testlessay
Subject aims and description
This subject examines both the uses and limitations of
orthodox economic theory in understanding many of the
important social, economic and political issues that are
current in Australia today. In so doing the subject will improve
students' understanding of the roles of both business and
government in furthering society's objectives.
Issues considered will be drawn from: the distribution of
income, wealth and poverty, the incidence of unemployment,
and the roles of private enterprise and government in the
provision of health-care, education, transport, energy and
environmental protection.
The subject will consider, interalia, argument for and against
reliance on the user pays principle.
In general, the subject endeavours to teach students the
theory and principles needed to be able to analyse social
issues from an economic perspective.
References
Because of the contemporary nature of the subject no textbook is
set. Comprehensive reference lists will be provided
BE337
Economic Development
This subject will not be offered in 1995.
BE338
Comparative Labour Relations
This subject will not be offered in 1995.
BE339
Comparative Economic Systems
This subject will not be offered in 1995.