1997 Swinburne Higher Education Handbook

The economics of trade and trade restrictions
basis of trade and gains from trade
explanations of trade patterns
trade restrictions - nature, reasons, and effects
regional trading blocs
Australia's trade environment
globalisation of world trade
strategic trade policy and Australian competitiveness
Australia in the East Asian region
Recommended reading
Kreinin, M. International Economics - A Policy Approach. 7th edn,
Forth Worth, Dryden Press, 1995
Linden, P.H. International Economics. 10th edn, Homewood,
Illinois, Irwin, 1996
BE335 International Finance
3 hours per week Hawthorn/Mooroolba~k (semester 2)
Prerequisite: BE110 Microeconomics and BE220
Macroeconomics Assessment: examination/assignment,
multiple choice test/essay
A subject in the Bachelor of Business
Objectives and Content
The intention in this subject is to provide students with the
theoretical and analytical skills necessary for the
understanding and evaluation of international financial
issues which are of importance to the Australian business
community and government.
Topics covered include:
the international financial environment;
Australia's external position;
exchange rate theories and systems;
the operation of foreign exchange markets;
international borrowing and lending system;
international banking;
international regulation.
This course is particularly relevant for students who may
work in areas which have international financial or trade
dealings.
Recommended reading
Allan, R., Elstone, R., Lock, G. and Valentine, T. Foreign
Exchange Management. Sydney, Allen & Unwin, 1990
Giddy, I., Global Financial Markets, D.C. Heath and Company, - .
u.s.A., 1994
Khourv. Sarkis. The Dere~ulation of the World Financial Markets.
New ?Ark, ~iorum BOOIS, 1990 '
Madura, J. International Financial Management. 3rd edn, St. Paul,
Minn, West Publishing Co., 1992
Manuell, G. Floating Down Under - Foreign Exchange in Australia.
Sydney, Law Book Co., 1986
Skully, M. (ed.), International Corporate Finance. North Ryde,
N.S.W., Butterworths, 1990
BE336 Economics of Social Issues
3 hours per week Hawthorn Prerequisite: BE110
~icroeconomics and BE220 Macroeco~omics Assessment:
assignment and examination or essays
A subject in the Bachelor of Business
Objectives and Content
This subiect examines both the uses and limitations of orthodox
economic theory in understanding many of the important
social, economic and political issues that are current in Australia
today. In so doing the subject will improve students'
understanding of the roles of both business and government in
furthering society's objectives.
Issues considered will be drawn from the distribution of
income, wealth and poverty, the incidence of
unemployment, and the roles of private enterprise and
government in the provision of health-care, education,
transport, energy and urban reform.
The subject will consider, inter alia, argument for and
against reliance on the user pays principle.
In general, the subject endeavours to teach students the
theory and principles needed to be able to analyse social
issues from an economic perspective.
Recommended reading
Rees, S, Beyond theMarket, Pluto Press, Sydney, 1993.
Comprehensive reference lists will be provided.
BE337 Economic Development
This subject may be offered in 1997 depending on staff
availability and student demand.
3 hours per week Hawthorn Prerequisite: BE110
Microeconomics and BE220 Macroeconomics Assmat:
assignmats/mZWtttm report.
A subject in the Bachelor of Business
Objectives and Content
This subject examines the forces behind economic growth
and development.
Considerable use will be made of country profiles, statistical
indicators and key social and economic trends. Case studies
will be used to examine the successes and failures of a
selection of countries in adopting specific policy initiatives
to deal with development, poverty and market reforms.
Recommended reading
Todaro, M.P., Economic Development, 5th edn, Longman, New
York, 1994.
The Economist
BE338 Comparative Labour Relations
This subject will not be offered in 1997.
BE339 Comparative Economic Systems
This subject will not be offered in 1997.
BE400 Economics Honours
Students should seek advice from the appropriate Economics
staff when formulating their discipline-specific course of
study and their research project proposal.
To encourage a multi-disciplinary approach, students may,
subject to approval, undertake selected honours level
coursework subjects from other schools, divisions, or
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