Internet Trade and Competition
Gold Coast, Australia
Area of Study
Taught In English
Pre-requisite: 1002IBA OR 1303AFE Or 1383AFE (Economics in Action OR Economics for Decision Making 1)
Course Level Recommendations
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewCourse DescriptionThis course has a Prerequisite requirement which means you MUST successfully complete the listed course or requirement/s BEFORE enrolling in this course . If you have enrolled in the course without meeting this requirement you MUST WITHDRAW immediately . Please note a grade less than 4 (PASS) does not meet the requirements, and it is your responsibility to have any Transfer Credit appearing on your academic transcript before enrolling. This course examines international trade and competition in an increasingly interdependent international economy. Emphasis is placed on the close links between internal and external policies and the overall policy implications emanating from theoretical analysis and on-going changes in the global economyCourse IntroductionThe course considers international trade and competition in an increasingly interdependent international economy. It emphasises the close connections between internal and external policies as well as and the overall policy implications emanating from theory and continuing changes and uncertainty in the global economy. The major uncertainty the global economy has been experiencing are in terms of global financial crisis (GFC) and the global warming induced climate change (CC) in recent years.Course AimsAt the end of this course, students should be able to explain the factors that can determine international competitiveness and how this can be enhanced by public policies including regulations and firms? strategies in the era of climate change and uncertainty. Students should also be able to explain how international trade and competition impact on income distribution and employment and why global warming and globalisation can produce winners and losers, with real life examples.Learning OutcomesAfter successfully completing this course you should be able to:COGNITIVE OUTCOMESImproved conceptual and analytical skills for international business discipline.Improved research and writing skills in the area of international trade.CONTENT-BASED OUTCOMESUnderstand models which explain the operation and patterns of international trade and business, including economic integration and regionalism.Understand the factors which determine international competitiveness for countries and firms, and public policies to protect and enhance it.Explain how international trade and competition impact on income distribution and employment, and identify winners and losers in the era of global warming.Understand operational models and entry strategies and competitiveness for multinational enterprises in the era of uncertaintyDefine and explain Foreign direct investment by multinational enterprises under the global financial crisis (GFC).APPLICATION OUTCOMESApply trade models to explain international competitiveness and business patterns.AppIy theory to various aspects of Asian (developing) and the US and major EU (developed) member nations' competition policy debates, and the international economic system in which these nations operate.Apply theoretical analysis to current issues in several economies as they operate in the globalised world economy, particularly including analysis of the linkages among foreign direct investment and the operations and management strategies of multinational enterprises under the current GFC.
Weighting/Marked out of
Exam - selected response
Assignment - Written Assignment
Exam - selected and constructed responses
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.