Module Catalogues, Xi'an Jiaotong-Liverpool University   
Module Code: ECO312
Module Title: International Economic Relations
Module Level: Level 3
Module Credits: 5.00
Academic Year: 2020/21
Semester: SEM2
Originating Department: International Business School Suzhou
Pre-requisites: N/A
This module provides students with a detailed coverage of the nature and determinants of the pattern of world trade. Throughout the module emphasis is placed upon the role of theory in enhancing understanding of the patterns and nature of trade flows (of both goods and services) in the context of the globalising world economy.
Learning outcomes 
A. Demonstrate understanding of why countries trade with one another.

B. Demonstrate understanding of the determinants of international trade.

C. Appreciate the role that supranational institutions have in the regulation of international trade.

D. Appreciate the consequences of trade for the environment, labour standards and world poverty.

E. Demonstrate a critical understanding of international relations arising from strategic trade interactions amongst nations.

Method of teaching and learning 
This module will be delivered via a combination of lectures and tutorials.

Lectures will be designed to provide essential information and introduce students to the basic tools of analysis.

Tutorials will involve group presentation of a topic.

Classical trade theory: Smith and Ricardo

Standard trade theory: Heckscher-Ohlin model and its related theories and implications, Intra- industry trade theory, Stolper-Samuelson theorem.

Economic growth and trade Trade Restrictions I: Tariff

Trade Restrictions II: Non-tariff barriers

The impact of international trade and business on the environment

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     12      112  150 


Sequence Method % of Final Mark
1 Final Exam 85.00
2 Tutorial Class Presentations 15.00

Module Catalogue generated from SITS CUT-OFF: 6/6/2020 10:17:17 PM