SM9714 - International Trade and Finance

What will I learn on this module?

In this module, you will gain a detailed understanding of international trade and the economic environment within which international businesses operate. The module will provide you with the opportunity to review both traditional and modern theories of international trade, discuss sources of international finance and analyse the impacts of international trade and finance in diverse contexts. In addition, this module aims to provide you with the skills necessary to discuss and critically appraise policy issues related to these issues. The module will cover relevant theories of trade and you will be supported in investigating their application to real world contexts. This will be combined with analyses of international and domestic trade flows, institutions governing trade, exchange rates and finance flows. By the end of the module, you will be able to apply the acquired skills to discuss and critically appraise policy issues related to the international trade of goods and services.

How will I learn on this module?

The module combines classroom teaching, supported seminar tasks, group tasks and independent learning. Classroom learning will include scheduled lectures and seminars guided by tutors. Students will be provided with support through an e-learning platform, digital resources including texts, videos and focused case studies. You will be expected to prepare in advance of identified sessions and participate in class tasks and discussions. You will be further expected to reflect on your own experiences and apply the concepts explored in class to support your overall learning.

How will I be supported academically on this module?

You will be supported with a comprehensive set of learning materials via the e-learning platform, including access to academic materials such as journal articles, reports and case studies, alongside grey literature such as company reports, newspaper and magazine articles, videos and blogs. The platform will include comprehensive reading lists for each component of the module (lectures and seminars).
Ongoing support and guidance will also be provided by the teaching team through a mix of class sessions and via discussions on the e-learning platform.

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. Online reading lists (provided after enrolment) give you access to your reading material for your modules. The Library works in partnership with your module tutors to ensure you have access to the material that you need.

What will I be expected to achieve?

Knowledge & Understanding:
1. Demonstrate a critical understanding of concepts underpinning international trade and finance and their influence on international business.

2. Apply theoretical concepts relating to international trade and finance environments to real world organisational contexts.

Intellectual / Professional skills & abilities:
3. Develop awareness of critical analysis and problem solving for businesses in international contexts

4. Reflect on how theory, analytical skills and teamwork can be applied towards the development of solutions for practical problems in international business contexts.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

5. Develop a global and cultural awareness of complex issues in international trade and economic contexts, and appreciate ethical implications of international business

How will I be assessed?

Formative assessment:
Interactive taught sessions will support students through group tasks and the presentation of the results in class. Formative and ongoing feedback will be provided through these set tasks. Students will be encouraged to reflect on this formative feedback as part of their learning and to support the summative assessment tasks.

Summative assessment:
The summative element of the assessment comprises two components.

Component 1.
An Individual assignment focused on a key aspect of international trade and finance, topic to be set by the Module Tutor. Length set at 2,500 words. Weighting 60%

Component 2:
Multiple choice question quizzes during seminars 4, 5 and 6. Duration 1.5hours.
Weighting 40%

Pre-requisite(s)

None

Co-requisite(s)

None

Module abstract

This module will help you to gain a detailed understanding of international trade and finance flows, as well as the economic environment in which international businesses operate. The module combines both theory and practical insights to help in your understanding of international trade, including developing your insights into who benefits and who may be harmed by international trade in a globalised economy. You will be introduced to models of international trade theory and supported to apply your understanding to real world issues. You will learn through a combination of lectures, seminars and group work to apply your insights to cases. By the end of this module, you will better understand how international trade and finance flows shape international business outcomes.

Course info

Credits 20

Level of Study Postgraduate

Mode of Study 16 months Full Time
1 other options available

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start January 2025

Fee Information

Module Information

All information is accurate at the time of sharing. 

Full time Courses are primarily delivered via on-campus face to face learning but could include elements of online learning. Most courses run as planned and as promoted on our website and via our marketing materials, but if there are any substantial changes (as determined by the Competition and Markets Authority) to a course or there is the potential that course may be withdrawn, we will notify all affected applicants as soon as possible with advice and guidance regarding their options. It is also important to be aware that optional modules listed on course pages may be subject to change depending on uptake numbers each year.  

Contact time is subject to increase or decrease in line with possible restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors if this is deemed necessary in future.

 

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