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Revision 3 closed, May 30, 2008, replaced by current version.
View previous syllabus.
Delivery mode: Individualized study online or
grouped study**
Credits: 3 - Social Science
Prerequisite: ECON 247 or an equivalent introductory economics course.
Centre: School of Business
ECON 475 has a Challenge for Credit option.
**Note: Students registering in grouped study, or grouped study international 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 School of Business Call Centre at 1-800-468-6531.
Economics 475 is a three-credit, senior-level course in economics at Athabasca University. The course can be taken as elective for those students in business, political science, international studies, and history who have some economics courses in their background. It provides students with a thorough understanding of the fundamental principles of international trade. It asks questions such as: What determines the basis of trade? What are the effects of trade? What determines the value and the volume of trade? What factors impede the flow of trade? What is the impact of public policy that attempts to alter the pattern of 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.
Appleyard, D. R., Field, A. J. Jr., & Cobb, S. L. (2006). International economics (5th ed.). New York: McGraw-Hill. (ISBN 9780072877373)
Students will access all other course materials online.