Head: Mr Andrew Stoler
Administrator: Ms Marie Gutsche
Phone: 08 8303 6944
Fax: 08 8303 6948
Email: mailto:iit@adelaide.edu.au
Program Outline
Whether you're studying corporate finance, marketing strategies or applied
economics, today's globalised environment requires you to understand how your
work will be impacted by bilateral and multilateral trade agreements, international
trade disputes and non-economic societal influences on international markets.
This program is designed to give graduates an extra competitive edge by providing
them with an interactive case-study based background in how business and government
interact in trade negotiations, leveraging commercial opportunities arising
out of 'third wave' trade negotiations, and practical legal and commercial aspects
of export marketing.
The program aims to provide students with a practical understanding of current
international trade and investment issues, the political dynamics of the negotiating
environment and the opportunities and challenges presented to businesses by
the globablised economy.
This unique program is headed by the former WTO Deputy Director-General and
staffed by Australian and overseas experts in global commercial matters.
Program Structure
The program is structured flexibly, with students taking
two semester-long courses. Each of the component courses is organised in three
intensive two-day modules offered over a semester. Classes are scheduled so
as not to interfere unduly with other courses students may be undertaking.
The PCIT articulates into two unspecified electives (6 units) of advanced standing
in the Master of Commerce (M.Com) degree, the Master of Applied Economics (M.App.Ec)
and the Master of Applied Economics (International) (M.App.Ec.(Int)) program.
Separate application for admission to these academic programs is required.
Courses
There are three course numbers associated with the PCIT.
These are TRADE 5000, TRADE 5001 and TRADE 5002.
Semester 1:
TRADE 5000 International Trade: Negotiations & Agreements
- Module I: Trade in the Modern World Economy
6-7 March 2009
This module provides basic economic background to the gains from trade as
well as an understanding of how the global trading system is governed through
institutions such as the WTO, OECD, World Bank, IMF and UNCTAD. The interaction
of social issues and the trading system is discussed and case studies look
at how developing countries manage the challenges of participating in today's
globalised economy.
- Module II: Trade Agreements & Instruments of Trade Policy
3-4 April 2009
In this module, students receive an in-depth grounding in the main
international trade agreements of the WTO system and how the main trade policy
instruments wielded by governments affect business interests in agriculture,
manufacturing and trade in services like financial, telecommunications, transportation
and distribution and business services.
- Module III: Negotiation of Trade Agreements
15-16 May 2009
The focus of this module is on how trade agreements at the multilateral,
regional and bilateral levels are negotiated, with a focus on how business
can best influence the outcome of negotiations through effective lobbying
and representation at the political level. Case studies examine how governments
in key countries formulate and implement national trade policies.
Semester 2:
TRADE 5001 International Trade: Strategies and Opportunities
- Module IV: New Opportunities in International Trade
7-8 August 2009
Module IV is focussed on new trading opportunities arising out of recent major
developments affecting the global trading system including the accession to
the WTO of China, Chinese Taipei and Vietnam and the important growth in production-sharing
arrangements in East Asia. The module also discusses the different characteristics
of bilateral and regional free trade agreements that are having an ever-increasing
impact on business - particularly in the Asia-Pacific.
- Module V: Practical Aspects of International Trade
11-12 September 2009
This session provides a grounding to students in the practical challenges
faced by importers and exporters and discusses in depth international trade
terms, risk management and methods of payment, how to manage customs controls
and the complexities of promoting and selling products in overseas markets.
The module concludes with a discussion of risk management strategies and reviews
the types of risk involved for traders.
- Module VI: WTO's "New Issues"
16-17 October 2009
Among the "new issues" of the global trading system that
are covered in depth in this module are competition policy issues, the role
of foreign direct investment in the global economy and the types of international
agreements that promote and protect foreign investment. Also covered in detail
are intellectual property rights and the global and bilateral trade agreements
affecting the protection of these rights.
TRADE 5002 - Project in International Trade
Those pursuing a PCIT Award are required to enrol in TRADE 5002 and successfully
complete an essay project to demonstrate overall competence in international
trade issues.
Assessment
For both TRADE 5000 and TRADE 5001, students' semester assessments
are based on the following elements:
15% - Class Participation
20% - Module I / IV Assignment
20% - Module II / V Assignment
45% - Final Examination
For those pursuing the PCIT Award, the Award level will reflect an average
of the assessments achieved in TRADE 5000, TRADE 5001 and TRADE 5002.
Although the program is structured so that normally TRADE 5000 precedes TRADE
5001, the courses can also be taken in reverse order.
See The University Course Planner for further details on:
Trade
5000; Trade
5001; Trade
5002
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