University of Sydney

This course examines a systematic analysis of the theory of international trade and trade policy. Initially differences between countries are emphasized as the source of trade and the gains from trade. Models that are examined include the Classical-Ricardian model, the Heckscher-Ohlin model and the Specific-Factors model. Next economics of scale and imperfect competition are introduced as sources of trade and gains from trade. The course concludes with an examination of empirical studies aimed at testing trade theories. The analysis of trade policy begins with a discussion of the instruments of trade policy, in particular, tariffs and quotas and their effect on welfare. This discussion is then extended to the case of imperfect competition and strategic trade policy.

This course examines written Tibetan and some basic spoken Tibetan. It covers important grammatical structures, the Tibetan script pronunciation and essential speaking skills. The course also introduces cultural contexts of the Himalayan region.

This course examines the main factors that determine the overall levels of production and employment in the economy, including the influence of government policy and international trade, and addresses the level of employment and economic activity in the economy as a whole. It covers money, interest rates, financial markets, inflation, unemployment, and economic policy. Students taking this course should have a prior knowledge of mathematics.

We all want to be happy and to live a worthwhile life. But what is happiness? Why should we want it? And how do we get it? These are among the most fundamental questions of philosophy. Students evaluate the answers of major thinkers from ancient and modern traditions. They also consider the implications of current psychological research into the causes of happiness regarding the question of how to live well as individuals and as a society.