AF7018 - International Economics

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.

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.

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: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

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).

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)

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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.