Economics (ECON) 475

International Trade (Revision 6)

ECON 475

Revision 6 is closed for registrations, see current version

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Delivery Mode: Individualized study online with eTextbook

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 50 percent 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.

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

The examination(s) for this course will be written in the traditional pen and paper format.

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

Course Materials


Registration in this course includes an electronic textbook. For more information on electronic textbooks, please refer to our eText Initiative site.

Appleyard, D. R., & Field, A. J., Jr. (2014). International economics (8th ed.). New York: McGraw-Hill. (ISBN 978-0-07-802167-1)

A print version of the eText may be available for purchase from the publisher through a direct-to-student link provided on the course website; you can also acquire the textbook on your own if you wish.

Other Resources

All other learning resources will be available 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 6, September 11, 2013.

View previous syllabus