Unit Outline
BEA105
International Economics
Semester 1, 2024
Duong Nam Ha
Tasmanian School of Business & Economics (TSBE)
College of Business and Economics
CRICOS Provider Code: 00586B
Unit Coordinator
Duong Nam Ha
Email: namha.duong@utas.edu.au
 
What is the Unit About?
Unit Description
The study of international economics provides students with a balance of both micro and macro view of economics in a global perspective. The emphasis on international trade, investment and monetary related issues provide students the required analytical tools to understand the implications of trade and monetary issues on global and local economies. Students who successfully complete this unit will be able to demonstrate why global and regional uneven development occurs and why efficiency and equity do not always complement each other.
Intended Learning Outcomes
As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.
On completion of this unit, you will be able to:
1.
Use economic concepts to describe the economic behaviour of consumers, firms and governments within the context of international markets for goods and services.
2.
Use appropriate economic models to support the economic analysis of international trade, the assessment of various trade related government policies, and related macroeconomic issues.
3.
Effectively communicate economic reasoning and arguments supported by appropriate evidence.
Requisites
REQUISITE TYPE
REQUISITES
Anti-requisite (mutual excl)
BEA202
Alterations as a result of student feedback
To be Determined. 
 
 
Teaching arrangements
ATTENDANCE MODE
TEACHING TYPE
LEARNING ACTIVITY
CONTACT HOURS
FREQUENCY
On Campus
Workshop
Introductory 1-hr workshop, Week 1
1
Once only
Lecture (On Campus)
Pre-recorded 1-hr lecture, once a week
1
Weekly
Workshop
2-hr workshop, weekly, commencing in Week 2
2
Weekly
Other
5-hrs independent learning
5
Weekly
Online
Online Class
Introductory 1-hr workshop, Week 1
1
Once only
Independent Learning
Pre-recorded 1-hr lecture, once a week
1
Weekly
Online Class
2-hr workshop, weekly, commencing in Week 2
2
Weekly
Independent Learning
5-hrs independent learning
5
Weekly
Attendance / engagement expectations
If your unit is offered On campus, it is expected that you will attend all on-campus and onsite learning activities. This is to support your own learning and the development of a learning community within the unit. If you are unable to attend regularly, please discuss the situation with your course coordinator and/or our UConnect support team.

If your unit is offered Online, it is expected you will engage in all those activities as indicated in the Unit Outline, including any self-directed learning.

If you miss a learning activity for a legitimate reason (e.g., illness, carer responsibilities) teaching staff will attempt to provide alternative activities (e.g., make up readings) where it is possible.
 
The Tasmanian School of Business and Economics regularly hosts Masterclasses and Industry Engagement and Employability Events, which students are encouraged to attend. Registration and details will be available via the College of Business and Economics channel on the Uni App and/or via your Unit Coordinator.  
 
 
How will I be Assessed?
 
For more detailed assessment information please see MyLO.
Assessment schedule
ASSESSMENT TASK #
ASSESSMENT TASK NAME
DATE DUE
WEIGHT
LINKS TO INTENDED LEARNING OUTCOMES
Assessment Task 1:
Online quizzes x 3
Week 3
15 %
LO1, LO2
Assessment Task 2:
Homework Submissions x 2
Week 5
15 %
LO2, LO3
Assessment Task 3:
Group Assignment
Week 12
30 %
LO2, LO3
Assessment Task 4:
Final Exam
Exam Period
40 %
LO1, LO2, LO3
 
Assessment details
    
Assessment Task 1: Online quizzes x 3
Task Description:
There are three (3) multiple choice quizzes to be completed online via MyLO. It is advisable to wait until you have participated in your tutorial before undertaking each quiz. Each quiz is worth 5% of your final grade.

Each quiz will be available from Monday morning until Sunday 11 pm of that week. You have two attempts for each quiz, with the highest grade from these two attempts being awarded.

You will have 30 minutes to complete each quiz on MyLO.

You will have 30 minutes to complete each quiz on MyLO.

Task Length:
30 minutes per quiz in Week 3, Week 7, and Week 10.
Due Date:
Week 3
Weight:
15 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Define, measure and interpret key concepts in international economics.
LO1
2
Illustrate key international economic concepts with real world examples.
LO1
3
Select the correct theory and model for the problem at hand.
LO2
4
Use graphs effectively in support of economic analysis and explanations.
LO2
 
Assessment Task 2: Homework Submissions x 2
Task Description:
In Week 5 and Week 9, you are required to complete the assessable tutorial exercises and submit them via the BEA105 MyLO Assignment Box.

You should type your written answers but can draw diagrams and photograph/scan them into your submission document. You must only submit one (1) document and it must be in PDF format.If you want to submit a video recording of your homework instead, please discuss with the Unit Coordinator in advance.

Each submission will be worth 7.5% of your grade, for an overall contribution of 15% to your final grade.

Task Length:
1-4 hours in Week 5 and Week 9
Due Date:
Week 5
 
Weight:
15 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Select the correct theory and model for the problem at hand.
LO2
2
Use graphs effectively in support of economic analysis and explanations.
LO2
3
Identify and articulate interesting economic questions about the world around you.
LO3
4
Apply economic thinking to discuss issues/debate in international economics.
LO3
 
Assessment Task 3: Group Assignment
Task Description:
The group assignment is designed to develop your ability to apply skills of sound economic reasoning and thinking of international economics. It will also develop your ability to present economic arguments and analysis in international trade and policy.

Detailed guidelines and instructions will be distributed in lectures and posted on MyLO. Groups are required to keep records of their regular meetings and the contribution of each member and submit the details along with their assignment.

You must submit your assignment as a PDF files only through the Assignment submission link on BEA105 MyLO.

Task Length:
Up to 1,000 words in Week 12.
Due Date:
Week 12
Weight:
30 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Select the correct theory and model for the problem at hand.
LO2
2
Use graphs effectively in support of economic analysis and explanations.
LO2
3
Identify and articulate interesting economic questions about the world around you.
LO3
4
Apply economic thinking to discuss issues/debate in international economics.
LO3
5
Communicate economic analysis and policy advice clearly in a written form.
LO3
 
Assessment Task 4: Final Exam
Task Description:
Take home exam with multi-part questions. Further information on your final exam will be provided on workshops and via MyLO.

The Final Exam is worth 40% of your grade.

The final exam is conducted by the College in the formal examination period. See the Examinations and Results page on the University’s website, or access your personal exams timetable by logging into the eStudent Centre for specific date, time and location closer to the examination period.

Task Length:
24 hours
Due Date:
Exam Period
Weight:
40 %
 
CRITERION #
CRITERION
MEASURES INTENDED
LEARNING OUTCOME(S)
1
Define, measure and interpret key concepts in international economics.
LO1
2
Illustrate key international economic concepts with real world examples.
LO1
3
Select the correct theory and model for the problem at hand.
LO2
4
Use graphs effectively in support of economic analysis and explanations.
LO2
5
Apply economic thinking to discuss issues/debate in international economics.
LO3
6
Communicate economic analysis and policy advice clearly in a written form.
LO3
 
 
 
 
How your final result is determined
To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.
 
Submission of assignments
Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.
 
Requests for extensions
If you are unable to submit an assessment task by the due date, you should apply for an extension.
 
A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.
 
The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.
Late penalties
Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.
 
Review of results and appeals
You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.
 
 
 
Required Resources
Required reading materials
You will need a hard copy or e-text of the following textbook:
• Pugel T.A. (2020), International Economics, 17th Edition, McGraw-Hill, New York.

This textbook is a standard text at many US and Australian universities. Each chapter has case studies containing a real-world situation that
provides better understanding and practical application of the concepts discussed in that chapter.
Hard copies of the book are available for purchase from Booktopia, an online retail store at https://www.booktopia.com.au/textlist-manager.

Hard copies and e-text versions of the book are also available from the publisher:
Print (discount 15% with code: 2021RA)
eBook
 
Recommended reading materials
  • Australian Bureau of Statistics: www.abs.gov.au
  • Reserve Bank of Australia: www.rba.gov.au
  • Gapminder: www.gapminder.org
  • Core Econ: www.core-econ.org
  • OECD Statistics: www.stats.oecd.org
  • The World Bank: www.worldbank.org
  • The IMF: www.imf.org
  • DFAT: https://www.dfat.gov.au
  • StateGrowth:
In addition, recent articles and interesting data will be posted regularly on MyLO. You should read these and be prepared to discuss them during tutorials. These updates on MyLO provide an excellent opportunity to connect the theory learned in class to current events.
 
Other required resources