TRADE 7008 - Services Trade

North Terrace Campus - Semester 2 - 2024

The course is designed to build deep understanding of the local and global economic importance of the services sector. The course typically has a strong focus on the role of services in international trade and investment flows and the movement of natural persons. Close attention is given to international governance for services, for instance, in the WTO and in other multilateral organisations, and to trends in services governance in a variety of regional, bilateral and plurilateral intergovernmental agreements. The course provides a 21st Century approach to the role of services in a variety of contexts, such as, in global and regional value chains, in e-commerce, and in transformation towards the digital economy. The course also examines the vital role services and services trade can play in assisting with the economic growth and development of emerging and developing economies. The course includes a discussion of appropriate strategies for all countries, including developing countries to capture the benefits from trade in services. Identifying and addressing the key constraints to services sector competitiveness is a key theme of the course, including in the digital era. The course focusses on a number of services sectors that are highly traded, such as transport, distribution, financial, telecommunications, and logistics. It also provides some focus on services sectors of heightened interest to developing countries, for example, IT and business services outsourcing, professional services and tourism.

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Course Details

Course Code	TRADE 7008
Course	Services Trade
Coordinating Unit	Institute for International Trade
Term	Semester 2
Level	Postgraduate Coursework
Location/s	North Terrace Campus
Units	3
Contact	Up to 36 hours
Available for Study Abroad and Exchange	Y
Assessment	Typically, participation, group work, online quizzes, final assignment.

Course Staff

Name:	Professor Jane Drake-Brockman
Role:	Industry Professor, Institute for International Trade
Email:	jane.drake-brockman@adelaide.edu.au

Course Timetable

The full timetable of all activities for this course can be accessed from Course Planner.

Course Learning Outcomes

On successful completion of this course, students will be able to:

1	Explain the role of the services sector in economic development, international trade and global value chains in the modern global economy.
2	Identify the key determinants and enabling factors of services sector competitiveness and efficiency.
3	Analyse the principles behind, and state-of-play of, international rule-making and governance in the WTO, regional integration groupings and Free Trade Agreements with respect to services trade, investment and people movement as well as digital trade/e commerce.
4	Identify areas in which developing country services businesses including SMEs may have an international competitive advantage (eg tourism including health tourism and information technology and business outsourcing) and where addressing constraints to growth of trade in these sectors can have an important positive impact on economic development.
5	Experiment with formulating and presenting a national policy and regulatory strategy for services industry development

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

University Graduate Attribute	Course Learning Outcome(s)
Attribute 1: Deep discipline knowledge and intellectual breadth Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.	1,2,3,4,5
Attribute 2: Creative and critical thinking, and problem solving Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.	2,3,4
Attribute 3: Teamwork and communication skills Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.	5
Attribute 4: Professionalism and leadership readiness Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.	1,5
Attribute 5: Intercultural and ethical competency Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.	5
Attribute 7: Digital capabilities Graduates are well prepared for living, learning and working in a digital society.	1,2,3,4,5
Attribute 8: Self-awareness and emotional intelligence Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.	1,5

Learning Resources
Online Learning
Additional background information on trade in services can be found on the following websites:
Learning & Teaching Activities

Learning & Teaching Modes

The three intensive class modules will provide an interactive environment of presentations, discussion and debate. Throughout the course there will be lectures and presentations from the course coordinator and invited guest speakers followed by discussions, questions and debate. Active debate on the role and significance of services trade and the role of services in the firm and in the economy is strongly encouraged. Students will be asked to participate, as a part of the learning and assessment process, in an extended seminar on the topic of designing a “services sector development strategy” for a developing economy.

Workload

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

As this is an intensive course, students are expected to attend all classes throughout the semester. This course comprise of approximately 36 contact hours (structured learning). In addition to time spent in class, students in TRADE 7008 are expected to devote an additional 120 non-contact hours of study in this course.

Learning Activities Summary

No information currently available.

Specific Course Requirements

Note: Students without any economics background may find it helpful to review some basic texts on economic concepts and analysis. Please see the course-coordinator for recommendations.

The University's policy on Assessment for Coursework Programs is based on the following four principles:

Assessment must encourage and reinforce learning.
Assessment must enable robust and fair judgements about student performance.
Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
Assessment must maintain academic standards.

Assessment Summary

No information currently available.

Assessment Detail

No information currently available.

Submission

Assignments must be submitted in:

1. Softcopy through Turnitin on MyUni

All assignments must be presented professionally with clear headings, appropriate referencing and using one and a half spacing.

Extensions will only be granted if requests are received in writing to the course coordinator at least 24 hours before the final due date unless they are requested on medical or compassionate grounds and are supported by appropriate documents. Late assignments will be penalised.

Your assignment must include the IIT assignment cover sheet which can be downloaded from MyUni under “Assignments”. Each page must be numbered with your student ID and name.

Please contact the course coordinator, preferably by email, for assistance or guidance in relation to course work, assignments or any concerns that may arise. Assignments will normally be returned two weeks after they have been submitted.

Course Grading

Grades for your performance in this course will be awarded in accordance with the following scheme:

M10 (Coursework Mark Scheme)
Grade	Mark	Description
FNS		Fail No Submission
F	1-49	Fail
P	50-64	Pass
C	65-74	Credit
D	75-84	Distinction
HD	85-100	High Distinction
CN		Continuing
NFE		No Formal Examination
RP		Result Pending

Further details of the grades/results can be obtained from Examinations.

Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

Final results for this course will be made available through Access Adelaide.

Student Feedback

The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
Student Support
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
Fraud Awareness

Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator