Fees and funding

Fees

For entry in the academic year beginning September 2027, the tuition fees are as follows:

  • MSc (full-time)
    UK students (per annum): £15,400
    International, including EU, students (per annum): £30,500

The fees quoted above are fully inclusive of tuition, administration and computational costs.

Fees for entry are subject to yearly review. The University reserves the right to increase your tuition fee by up to 7% each year for courses lasting more than one year, including to reflect rising costs associated with delivering our educational and wider student experience. Postgraduate fees information .

Always contact the admissions team if you are unsure which fee applies to your qualification award and method of attendance.

International student CAS deposit

Self-funded international applicants are required to pay a deposit of £2500 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. Some applicants will be required to pay a higher deposit. More information on tuition fee deposits .

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

We know that student finance can be complicated. The links below provide further information to help guide you.

Course unit details:
Trade Theory and Development

Course unit fact file
Unit code MGDI60291
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 1
Offered by Global Development Institute
Available as a free choice unit? Yes

Overview

The course will cover standard trade theories as well as applications of these theories to developing countries.

Aims

The aim of the course is to provide analytical techniques to gain insight into international trade theory, trade policy tools and their implications for growth and development. Upon the completion of this course students will have a good understanding of trade theories, international trade policies, and their consequences on many issues in developing countries. The first half of the course will provide an in-depth analysis of main trade theories. This section aims to equip students with the skills to use trade theories to understand the impact of different trade policies and economic factors on economy. The second half of the course will focus on the practical aspects of the in international trade, and the effect of different trade policies on economic growth and development.

Learning outcomes

Knowledge and understanding
On successful completion of this unit students will:
- be expected to demonstrate a good understanding of the main trade models, their assumptions, implications, and differences among different theories
- be expected to use trade theories to provide an analytical discussion of the impact of a trade policy

Intellectual skills
- Students will be able to develop a critical understanding of the role of trade flows in promoting economic growth and economic development.

Teaching and learning methods

Lecture and tutorial based.

Assessment methods

Method Weight
Other 80%
Written assignment (inc essay) 20%
  • 800 words essay (20%)
  • 2200 words data exercise (80%)

Feedback methods

Via VLE

Recommended reading

' Krugman, Paul. R. and Obstfeld, Maurice International economics, theory and policy, 8th Edition, Addison, Wesley and Longman, 2009.
- Bernhofen, Daniel, M., Empirical international trade, Edward Elgar Pub. 2010.
- Buffie, E., Trade policy in developing countries, Cambridge University Press, 2001.
- Hoekman, B; Kostecki, M., The Political Economy of the World Trading System: The WTO and Beyond, 2nd Edition, Oxford: Oxford University Press, 2001.
- McCulloch, N; Winters, A; Cicera, X., Trade liberalization and poverty: a handbook, London: Centre for Economic Policy Research, 2001, ISBN 1-898128-62-6
- Srinivasan, T.N., Developing countries and the multilateral trading system: from the GATT to the Uruguay Round and the future, Boulder, Colorado: Westview Press 2000.
- Hoekman, B; Mattoo, A, Development, trade and the WTO: a handbook, World Bank, Washington, 2002.

Study hours

Scheduled activity hours
Lectures 20
Tutorials 10
Independent study hours
Independent study 120

Teaching staff

Staff member Role
David Ouattara Unit coordinator

Additional notes

Information
GDI Programmes on which course unit is offered:
DF, PPM, DEP, GTI, PID

Timetable
10 x 2 hour lectures, 5 tutorial sessions

2 hours Revision Lecture

Stata Lab sessions

Return to course details

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