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Economics (ECON) 475

International Trade (Revision 5)

ECON 475

Revision 5 is closed for registrations, replaced by current version.

View previous syllabus.

Delivery Mode: Individualized study online or grouped study**

Credits: 3

Area of Study: Social Science. ECON 475 can be used as Applied Studies (Business and Administrative Studies) by credential students only.

Prerequisite: ECON 247 or an equivalent introductory economics course.

Centre: Faculty of Business

ECON 475 has a Challenge for Credit option.

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**Note:Students registering in grouped study mode are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.


Economics 475 is a three-credit, senior-level course in economics at Athabasca University. The course may be taken as an elective by business, political science, international studies, and history students who have some economics courses in their background. In the last decade, we have seen economic internationalization proceed at a very fast pace. This course is designed to provide you with a thorough understanding of the fundamental principles of international trade.


The course material is divided into ten study units. These units are as follows:

Unit 1: Canada in a Global Economy

Unit 2: The Classical Theory of Trade

Unit 3: Basic Microeconomic Concepts

Unit 4: Neoclassical Trade Theory

Unit 5: Offer Curves and the Terms of Trade

Unit 6: The Basis for Trade

Unit 7: Post-Heckscher-Ohlin Theories of Trade and Intra-Industry Trade

Unit 8: The Instruments of Trade Policy

Unit 9: The Impact of Trade Policies

Unit 10: Traditional Arguments for Protection


Your final grade for ECON 475 is based on your performance on two quizzes, two assignments, and a final examination. To receive credit for this course, you must achieve a minimum grade of “D” (50%) on the final examination, and a minimum overall course grade of “D” (50 percent). The following chart describes the credit weight associated with each course requirement.

Two Quizzes
(10% each)
Two Assignments
(15% each)
Final Exam Total
20% 30% 50% 100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Course Materials


Appleyard, D. R., Field, A. J., Jr., & Cobb, S. L. (2010). International economics (7th ed.). New York: McGraw-Hill. (ISBN 9780073511344 – Out of print June 2013)


Students starting ECON 475 in or after June 2013 will receive a custom printed reproduction (in two volumes) of the Appleyard/Field/Cobb textbook:
International Trade International Finance, Vol. 1 & Vol. 2., ECON 475/476, Athabasca University, Faculty of Business. McGraw-Hill Create. (ISBN 9781259085017)

Other Materials

Students will access all other course materials online.

Challenge for Credit Course Overview

The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.

Full information for the Challenge for Credit can be found in the Undergraduate Calendar.

Challenge Evaluation

To receive credit for the ECON 475 challenge registration, you must achieve a grade of at least 50 per cent on the examination.

Paper Exam (3 hours)

Undergraduate Challenge for Credit Course Registration Form

Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.

Opened in Revision 5, March 9, 2011.

View previous syllabus

Last updated by SAS  09/17/2013 12:37:16