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SP50225: Globalisation 2: political economy of globalisation

Follow this link for further information on academic years Academic Year: 2012/3
Follow this link for further information on owning departmentsOwning Department/School: Department of Social & Policy Sciences
Follow this link for further information on credits Credits: 6
Follow this link for further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Follow this link for further information on period slots Period: Semester 2
Follow this link for further information on unit assessment Assessment: ES 100%
Follow this link for further information on supplementary assessment Supplementary Assessment: Like-for-like reassessment (where allowed by programme regulations)
Follow this link for further information on unit rules Requisites:
Follow this link for further information on unit content Description: Aims:
This unit equips students with an historical and analytical understanding of economic issues and international institutions in the context of globalisation. Students will be exposed to diverse views in a variety of books and articles and will be encouraged to take a questioning approach to concepts and to the use of evidence. The theoretical debate on the concept of globalisation will be introduced and analysed from a historical and political economy perspective.

Learning Outcomes:
By the end of the unit, students should be able to develop a comprehensive understanding and critical awareness of both academic and more popular arguments on:
1. The ideological and historical origins of economic theories in the context of globalisation debate.
2. The role of trade, foreign direct investment and multilateral corporations, regional integration and global finance in the process of globalisation.
3. The impacts of globalisation on the ability of the nation state to produce independent domestic policies.
4. The scope for national economic policies within the globalised economy.

Comprehensive and scholarly written communication (e.g. essays);
Ability to select, analyse and present numerical data;
Ability to select, summarise and synthesis written information from multiple sources;
Ability to develop rigorous arguments through precise use of concepts and models;
Ability to synthesise multidisciplinary perspectives on the same problem;
Ability to select and use appropriate ideas to produce a coherent response to a pre-set question;
Ability to formulate a research question, then develop and present an original & coherent answer;
Ability to produce work to agreed specifications and deadlines;
Ability to work independently, without close supervision of guidance.

Lecture 1: Methodology and an overview of the world economy.
Lecture 2: A brief historical perspective.
Lecture 3: Foreign Trade.
Lecture 4: Foreign Direct Investment (FDI) and Multinational Companies (MNCs).
Lecture 5: Global finance.
Lecture 6: Regional Integration.
Lecture 7: Role of the World Bank, IMF and WTO.
Lecture 8: Privatisation.
Lecture 9: Globalisation and the state.
Lecture 10: Debt crisis and aid.
Lecture 11: National variations in policy stance.
Follow this link for further information on programme availabilityProgramme availability:

SP50225 is Optional on the following programmes:

Department of Economics Department of Social & Policy Sciences
* This unit catalogue is applicable for the 2012/13 academic year only. Students continuing their studies into 2013/14 and beyond should not assume that this unit will be available in future years in the format displayed here for 2012/13.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.