School Of Business

Globalisation and TradeWestern Sydney University Unit Code: 200541.3

Discipline: ECONOMICS

Student Contribution Band: 4

Level: 2

Credit Points: 10

Assumed Knowledge
Basic understanding of microeconomic theory.

Equivalent Units
200071 - International Trade Theory and Policy

200525 Principles of Economics

About this Unit
Globalisation and Trade focuses on the role of trade in the process of globalisation. It covers the history and analytical methods of international trade theories and their applications in private industry and the public sector. The theories are applied to contemporary issues in their institutional settings, in particular to: growth and development; trading blocs; and trade strategies in the developed, underdeveloped and formerly planned economies. The unit provides students with a critical understanding of the major economic, environmental, social and ethical issues stemming from the process of globalisation and trade in the twenty first century.

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