AF7018 - International Economics

What will I learn on this module?

This module will provide you with the knowledge and skills to analyse the causes, consequences, and interactions of trade policies across

different countries and market structures. By developing your awareness, this module will help you to critically evaluate trade policies and

assess their impact on economic welfare. You will acquire knowledge of the theoretical and quantitative tools to evaluate the practice of trade

and investment policies. You will develop a theoretical and empirical understanding of the determinants and effects of trade and FDI across

developed countries (North-to-North trade) and between developed and developing countries (North-to-South trade). You will also develop an

international perspective on the role of trade integration, including customs unions and preferential trade agreements. Understanding the role

of trade in achieving the UN’s Agenda 2030 for Sustainable Development will be central to the discussions on this module. This module will

help you explore and analyse the integration of international goods, labour and technology and their impact on, among other things, poverty,

inequality and labour market outcomes.

How will I learn on this module?

On this module, you will explore international trade and investment through a mix of lectures, interactive seminars and web-based discussion

groups and tutor support. Additional subject-area guest speakers may also come to present.

At the start of the module, you will be provided with a Teaching and Learning Plan (TLP) which will detail the structure and content of the

module on a week-by-week basis and provide guidance on pre-seminar reading and research. The TLP will also provide suggested learning

activities to guide your independent directed and self-directed learning. Independent learning is encouraged and will include reading

newspapers, business journals and watching relevant international documentaries to broaden your knowledge of contemporary trade and

investment issues. These activities will allow you to reflect and evaluate your knowledge and skills and pursue areas of interest within trade

and investment.

Lectures will provide an in-depth introduction to foundational concepts and required quantitative techniques. Seminars will provide you with an

opportunity to enhance and explore your understanding of key concepts introduced in lectures, through case-studies, tutor guided discussion

with other students and practical group activities. Throughout the module, there will be an emphasis on high levels of student participation,

both individually and within small groups or teams.

How will I be supported academically on this module?

Your learning will be supported throughout by the module teaching team and your personal tutor, who are available to provide feedback and

answer your questions, either in person or by email. During seminars, your tutor will provide regular formative feedback to support your

learning. Engagement with web-based discussion boards will be encouraged as an opportunity to collaborate and explore topics with peers

and get informal peer review and feedback.

You will also be provided with access to a range of reading and visual materials, including journal articles, reports, international documentaries, newspaper and magazine articles, videos, blogs and company reports through the e-Learning platform (eLP). The Teaching and Learning Plan (TLP) will provide a reading list of both core and supplementary materials to guide and support your independent learning and preparation for lectures and seminars. Your lectures will be recorded and uploaded to the eLP which will give you an opportunity to review and consolidate your knowledge and develop your understanding at your own pace. To assist your learning and research, you will also have access to the University’s library facilities, including extensive electronic resources, eBooks and electronic academic journal articles.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at:
(Reading List service online guide for academic staff this containing contact details for the Reading List team –

What will I be expected to achieve?

Knowledge & Understanding: · Understand and apply trade theory to critically evaluate patterns of trade on development and economic welfare (MLO1).

· Understand and apply appropriate quantitative models to analyse and evaluate trade policies and practices (MLO2). Intellectual / Professional skills & abilities: · To synthesise and present data and reasoned arguments from multiple sources of relevant literature, reports and data, using appropriate references (MLO3). Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA): · Understand the development and sustainability issues associated with complex international trade issues (MLO4).

How will I be assessed?

Formative Assessment Formative assessment will take place through applied individual and group activities in seminars. You will be encouraged to discuss your research through presentations, peer review activities and web-based discussions boards. Summative Assessment This module will be assessed through a combination of: 1. An exam weighted at 40%. (MLO1, MLO4) 2. A 2,500 word report weighted at 60%. (MLO2, MLO3)





Module abstract

International trade continues to be an important factor to improve living standards, providing employment and exchanging technological know-

how and enabling consumers to have access to a wider range of goods. As the global economy changes with the rising share of world output

in India and China, there is a shift in economic power and there are more frequent trade wars and rising protectionism. This module aims to

develop and enhance your knowledge of and ability to evaluate the motives and practices of individuals or groups of nations to restrict or regulate international trade and investment. You will apply theory and quantitative models to explore contemporary trade issues. The module will equip you with the knowledge and analytical skills for solving dynamic issues in international economics, including the effect of trade policy on development and economic welfare; regionalism versus multilateralism; international trade and the labour markets and the political economy of trade policies. Particular attention will be paid to the role of trade in achieving the UN’s Agenda 2030 for Sustainable Development.

Course info

Credits 20

Level of Study Postgraduate

Mode of Study 1 year full time

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start September 2023

Fee Information

Module Information

All information is accurate at the time of sharing.

Full time Courses starting in 2023 are primarily delivered via on-campus face to face learning but may include elements of online learning. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Contact time is subject to increase or decrease in line with additional restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors, potentially to a full online offer, should further restrictions be deemed necessary in future. Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.


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