TRADE 7008 - Services Trade

North Terrace Campus - Trimester 2 - 2022

The course is designed to build deep understanding of the local and global economic importance of the services sector. The course has a strong focus on the role of services in international trade and investment flows and people movement. Close attention is given to international governance for services, 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 global and regional value chains, in e-commerce and in transformation towards the digital economy. The course also specifically 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. Specific services sectors are given some detailed attention (for example the 'backbone' or infrastructural services whose efficient functioning is essential for the emergence of a successful and competitive private sector such as banking and telecommunications) and the course essentially provides a comprehensive overview of the services sector. The course also provides some focus on those areas of traded services where great potential lies for developing countries, including IT and business services outsourcing, professional services and tourism.

  • General Course Information
    Course Details
    Course Code TRADE 7008
    Course Services Trade
    Coordinating Unit Institute for International Trade
    Term Trimester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 36 hours
    Available for Study Abroad and Exchange Y
    Course Description The course is designed to build deep understanding of the local and global economic importance of the services sector. The course has a strong focus on the role of services in international trade and investment flows and people movement. Close attention is given to international governance for services, 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 global and regional value chains, in e-commerce and in transformation towards the digital economy. The course also specifically 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. Specific services sectors are given some detailed attention (for example the 'backbone' or infrastructural services whose efficient functioning is essential for the emergence of a successful and competitive private sector such as banking and telecommunications) and the course essentially provides a comprehensive overview of the services sector. The course also provides some focus on those areas of traded services where great potential lies for developing countries, including IT and business services outsourcing, professional services and tourism.
    Course Staff

    Course Coordinator: Ms Jane Drake-Brockman

    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.

  • Learning Outcomes
    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

    No information currently available.

    Workload

    No information currently available.

    Learning Activities Summary

    No information currently available.

  • Assessment

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

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

    Assessment Summary

    No information currently available.

    Assessment Detail

    No information currently available.

    Submission

    No information currently available.

    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
  • 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.

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