- UCAS course code
- NN43
- UCAS institution code
- M20
Bachelor of Arts (BAEcon)
BAEcon Accounting and Finance
- Typical A-level offer: AAA including specific subjects
- Typical contextual A-level offer: ABB including specific subjects
- Refugee/care-experienced offer: BBB including specific subjects
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL, including specific requirements
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2025 will be £9,535 per annum (subject to Parliamentary approval). Tuition fees for international students will be £31,500 per annum. For general information please see the undergraduate finance pages.
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
Scholarships and bursaries, including the Manchester Bursary , are available to eligible home/EU students.
Some undergraduate UK students will receive bursaries of up to £2,000 per year, in addition to the government package of maintenance grants.
You can get information and advice on student finance to help you manage your money.
Course unit details:
International Trade and Policy
Unit code | ECON32191 |
---|---|
Credit rating | 20 |
Unit level | Level 3 |
Teaching period(s) | Semester 1 |
Available as a free choice unit? | Yes |
Overview
This course unit studies how international trade affects the economy and how growth, inequalities, and organisations of firms are affected when a country opens up to trade. We will discuss political economy of trade policies and why international trade is usually a contentious topic among countries. By the end of the course unit, you will learn how to explain and contrast different trade models and explain real-life scenarios using different tools you learn in class.
Pre/co-requisites
Unit title | Unit code | Requirement type | Description |
---|---|---|---|
Intermediate Microeconomic Theory 1 | ECON20501 | Pre-Requisite | Compulsory |
Microeconomics 3 | ECON20021 | Pre-Requisite | Compulsory |
Managerial Economics I | ECON20001 | Pre-Requisite | Compulsory |
Microeconomics 3 | ECON30021 | Pre-Requisite | Compulsory |
ECON30501 | Pre-Requisite | Compulsory |
(ECON20001 OR ECON20501 OR ECON30501 OR ECON20021 OR ECON30021)
Aims
The aims of this course are to:
- Study the basic facts of international trade flows.
- Discuss different international trade theories, their empirical evidence and policy implications.
- Introduce methods for trade policy analysis.
Learning outcomes
At the end of this course unit. it is expected that you will be able to:
- Understand the causes and effects of international trade.
- Evaluate the welfare impacts of trade policies.
- Demonstrate an understanding of various contemporary issues in trade, such as trade and growth, industrialisation, inequalities and global production structure.
Syllabus
Provisional
Topic 1: The Ricardian Model and Comparative Advantage
Topic 2: The Heckscher-Ohlin Model
Topic 3: Trade and Inequalities: Is Free Trade a Rip-Off?
Topic 4: Intra-Industry Trade and the Monopolistic Competition Models
Topic 5: Heterogeneous Firms and the Organisation of Firms
Topic 6: Trade Policy Instruments: Welfare Impacts and Political Economy
Teaching and learning methods
Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study
Employability skills
- Analytical skills
- Understand the motivation from data and why we need different economic models. How to use existing models to understand past and current events in the world economy.
- Problem solving
- Group Work
Assessment methods
30% Problem Sets
70% Exam
Feedback methods
• Feedback from problem sets.
• Tutorial feedback.
• Office hours.
• Revision sessions.
Recommended reading
- Krugman, P., Obstfeld, M., and Melitz, M.J. 2022. International Trade: Theory and Policy (or equivalently, International Economics: Theory and Policy, Ch.1-12), 12th Edition, Pearson.
- McLaren, J. 2013. International Trade, 1st Edition, John Wiley & Sons.
Teaching staff
Staff member | Role |
---|---|
Hei Sing Chan | Unit coordinator |
Additional notes
For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary