Please note - Swinburne University of Technology

estrictions and industry policy, with discussion of key
international trade issues of importance to the Australian
business community and government.
Topics covered include:
International trade and the Australian economy
balance of payments
composition and direction of trade
Australia's place in world trade.
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
Improving Australia's international competitiveness
industry policy issues (e.g. level playing field debate.
micraeconomic reform)
the business perspective - obstacles and strategies for
success
the role of government.
References
Pappas, Carter, Evans and Koop. The Global Challenge: Australian
Manufacturing in the 19905 Melbourne: AMC, 1990
Economic Planning Advixrly Council. lmprwing Austdia's
International Competitiveness. Canberra: AGPS, 199 1
Kreinin, M. htemational Economio - A A,Iicy Appch. 6th ed,
New York: Harcourt Brace Jwanwich. 1991
Lindert, P.H. hremational Economics. 9th ed. Hornwood, Illinois:
Irwin. 1991
BE335 International Finance
No. of hours per week: three hours
Prerequisites: BE110 Microeconomics and BE220
Macroeconomics
Instruction: ledureltutorial
Assessment: examinationlassiqnment, - multiple
choice testlessay
Subject aims and description
The intention in this unit 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;
the international financial system;
international banking;
international regulation.
This course is particularly relevant for students who may
work in areas which haw international financial or trade
dealings.
Refemnces
Allan, R., Elstone, R.. Lock, G. and Valentine, T. Foregn Emhange
Management. Sydney: Allen and Unwin, 1990
Khouty, Sarkis. The Deregulation of the Wrld Financial Markets. Nwv
York: Quorum Books, 1990
Madura, J. htemational Financial Management. 3rd ed, St. Paul:
M Publishing Co., 1992
Manuell, G. Floating Down Under - foreign Exchange in Australia.
BE336 Economics of Social Issues
No. of hours per week: three hours
Prerequisites: BE1 10 Microeconomics and BE220
Macroeconomics
Instruction: IectureHutorial
Assessment: examinationlassignment, multiple
choice testlessay
Subject aims and description
This course 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 course 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 pmrty, the incidence of unemployment,
and the roles of private enterprise and government in the
provision of health-care, education, transport, energy and
environmental protection.
The unit endeavours to teach students the theory and
principles needed to be able to analyse social issues from an
economic perspective.
References
Because of the contemporary nature of the unit no textbook is set.
Comprehensive reference lists will be prwided
~~337 Economic Development
This unit will not be offered in 1994.
BE338 Comparative Labour Relations
This unit will not be offered in 1994.
BE339 Comparative Economic Systems
This unit will not be offered in 1994.
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-discipline approach, students may,
subject to approval, undertake selected honours-level
coursework units from other departments, faculties, or
institutions provided that they show the relevance of these
coursework units to their proposed area of research. Such
arrangements are subject to the student having any
necessary prerequisite studies and may be subject to any
quotas imposed on these units by the offering department.
Students must submit their proposal to the Economics
Honoun Convenor for approval prior to the commencement
of their honours program. Approval for a student's disciplinespecific
course of study and research project proposal shall
be subject to the availability of any necessary resources and
the availability of appropriate staff supervision.
Advanced Economics
Students will engage in a program of advanced study
designed to enhance their ability to apply economic
reasoning and economic techniques to issues of importance
to business, government and society. The reading and
seminar program will broaden and add depth to the
student's understandina of sianificant policv issues and will
Sydnq: Law Book to., 1986 support the student in;arryiGg out their r&onomics
Skully, M. (ed.), International Corporate Finance. North Ryde, N.5.W.: research project.
Butterwonhs, 1990