316-213 Globalisation and the World Economy

316-101 Introductory Macroeconomics and 316-102 Introductory Microeconomics.

This subject examines the sources and consequences of globalisation in the world economy. It is primarily concerned to address questions such as: What is globalisation? What was the pattern of evolution of globalisation in the twentieth century? What are the main economic and political factors underlying the evolution of globalisation? Is globalisation related to economic growth? How has globalisation affected welfare of societies of different countries and regions in the world economy?

• High level of development: written communication; interpretation and analysis; critical thinking; evaluation of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Moderate level of development: collaborative learning; team work; statistical reasoning; synthesis of data and other information.

• Some level of development: problem solving; application of theory to practice.

• Assignments, essay and tutorial presentations not exceeding 4000 words (40%) and a 2-hour final examination (60%) (Semester 1).

• Tutorial exercises (30%), two essay assignments (15% each), and a final examination (40%) (Semester 2).

To be advised.