Globalisation - Global Economics

Course Content

This course introduces students to the theoretical debate and the most critical economic, financial and environmental issues related to the globalization debate. The course provides a broad analytical overview of the economic issues involved in globalization. It stimulates students to critically discuss academic papers and it provides an opportunity for students to explore empirical facts using public data sources. We have structured the course around four types of “capital”: natural capital, social capital, financial capital, and (for lack of a better term) “trade” capital. Topics with natural capital include trade and environment, the economics of climate change and deforestation. Topics within social capital include the links between globalisation, institutions, and inequality, and the effectiveness of development aid. Topics within financial capital include optimal currency area and the Eurozone, and financial liberalization. Within “trade” capital we discuss issues of comparative advantage and international trade, and recent tendencies of deglobalisation, including Brexit.

Teaching Methods

• Lectures (and guest lectures)
• Case studies
• Group discussions
• Data projects
• Student presentations

Method of Assessment

Presentation of literature
Data project (3 ass.)
Final paper/essay
Class participation