SM9714 - International Trade and Finance

What will I learn on this module?

In this module, you will gain a detailed understanding of international trade and the economic environment within which international businesses operate. The module will provide you with the opportunity to review both traditional and modern theories of international trade, discuss sources of international finance and analyse the impacts of international trade and finance in diverse contexts. In addition, this module aims to provide you with the skills necessary to discuss and critically appraise policy issues related to these issues. The module will cover relevant theories of trade and you will be supported in investigating their application to real world contexts. This will be combined with analyses of international and domestic trade flows, institutions governing trade, exchange rates and finance flows. By the end of the module, you will be able to apply the acquired skills to discuss and critically appraise policy issues related to the international trade of goods and services.

How will I learn on this module?

The module combines classroom teaching, supported seminar tasks, group tasks and independent learning. Classroom learning will include scheduled lectures and seminars guided by tutors. Students will be provided with support through an e-learning platform, digital resources including texts, videos and focused case studies. You will be expected to prepare in advance of identified sessions and participate in class tasks and discussions. You will be further expected to reflect on your own experiences and apply the concepts explored in class to support your overall learning.

How will I be supported academically on this module?

You will be supported with a comprehensive set of learning materials via the e-learning platform, including access to academic materials such as journal articles, reports and case studies, alongside grey literature such as company reports, newspaper and magazine articles, videos and blogs. The platform will include comprehensive reading lists for each component of the module (lectures and seminars).
Ongoing support and guidance will also be provided by the teaching team through a mix of class sessions and via discussions on the e-learning platform.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding:
1. Demonstrate a critical understanding of concepts underpinning international trade and finance and their influence on international business.

2. Apply theoretical concepts relating to international trade and finance environments to real world organisational contexts.

Intellectual / Professional skills & abilities:
3. Develop awareness of critical analysis and problem solving for businesses in international contexts

4. Reflect on how theory, analytical skills and teamwork can be applied towards the development of solutions for practical problems in international business contexts.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

5. Develop a global and cultural awareness of complex issues in international trade and economic contexts, and appreciate ethical implications of international business

How will I be assessed?

Formative assessment:
Interactive taught sessions will support students through group tasks and the presentation of the results in class. Formative and ongoing feedback will be provided through these set tasks. Students will be encouraged to reflect on this formative feedback as part of their learning and to support the summative assessment tasks.

Summative assessment:
The summative element of the assessment comprises two components.

Component 1.
An Individual assignment focused on a key aspect of international trade and finance, topic to be set by the Module Tutor. Length set at 2,500 words. Weighting 60%

Component 2:
A closed-book exam covering the module learning outcomes. Duration 1.5hours.
Weighting 40%

Pre-requisite(s)

None

Co-requisite(s)

None

Module abstract

This module will help you to gain a detailed understanding of international trade and finance flows, as well as the economic environment in which international businesses operate. The module combines both theory and practical insights to help in your understanding of international trade, including developing your insights into who benefits and who may be harmed by international trade in a globalised economy. You will be introduced to models of international trade theory and supported to apply your understanding to real world issues. You will learn through a combination of lectures, seminars and group work to apply your insights to cases. By the end of this module, you will better understand how international trade and finance flows shape international business outcomes.

Course info

Credits 20

Level of Study Postgraduate

Mode of Study 2 years full-time (with advanced practice in second year)
3 other options available

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Fee Information

Module Information

All information is accurate at the time of sharing.

Full time Courses starting in 2023 are primarily delivered via on-campus face to face learning but may include elements of online learning. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Contact time is subject to increase or decrease in line with additional restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors, potentially to a full online offer, should further restrictions be deemed necessary in future. Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.

 

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