Module Code - Title:
EC6022
-
GLOBALISATION AND INTERNATIONAL ECONOMIC ISSUES
Year Last Offered:
2024/5
Hours Per Week:
Grading Type:
N
Prerequisite Modules:
Rationale and Purpose of the Module:
The topics we study in this module are central to many of the current issues on this planet. It is hard to arrive at a correct business decision, or comprehend government policies without an understanding of the theories, institutions and relationships found in International Economic Issues.
Whether it be the rise of the Chinese economy, the implications for the Irish economy of EU enlargement and globalisation, or the impact of world oil prices, it is true to say we are now deeply touched by international relations and global events.
Syllabus:
1. International Trade Theories
2. The EU - Trading regime and partnership
3. Regionalism and Globalisation - Europe as a model of integration
4. Multinational Corporations (FDI theory and practice; re-location)
5. States and Markets in Transition - The rise of the Chinese economy
6. Other emerging economies (South East Asia, India)
7. The State of the Washington Consensus
8. The Globalisation Debate - an overview
9. Multilateralism ûpast and future challenges
10. The EU Energy Policy in a Asian Comparative Perspective
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On completion of this module, students should be able to:
- Appraise international trade theories - traditional and new
- Understand the experience of economic integration in the European Union, in the context of International Trade and Industrial Economics Theories
- Analyze the link between economic integration and economic growth
- Appraise the evolving EU Trade Policy, with a specific focus on the new æEU Global StrategyÆ, and the current EU FTA strategy
- Compare and contrast economic integration in Europe with other experiments of integration in the world (in particular in Asia)
- Analyze the impact of business organizations through their trade, investment as well as technology transfer activities
- Appraise the economic take-off of a number of fast developing economies (particularly in Asia)
- Discuss critically the issue of globalization in light of the æWashington consensus
- Gain an insight into the EU Energy Policy in a comparative perspective
Affective (Attitudes and Values)
N/A
Psychomotor (Physical Skills)
N/A
How the Module will be Taught and what will be the Learning Experiences of the Students:
The module will be delivered by lecture, on block release, with a significant amount of student group work taking place between blocks. Graduate attributes will be developed in the following ways: Knowledgeable: Students will gain a deep knowledge of through practical examples, coursework and in-class groupwork; Proactive: Students are expected to be proactive in their own learning through independent study and self-directed learning; Responsible: Students will develop a sense of responsibility through class discussions on various ethical issues; Collaborative: Students will be required to participate in class discussions and group work; Articulate: Students will become articulate in expressing advice through the use of in-class discussions, presentations and written coursework
Research Findings Incorporated in to the Syllabus (If Relevant):
Prime Texts:
Ravenhill, John (2005)
Global Political Economy
, Oxford: OUP
Other Relevant Texts:
Stubbs, R., and Underhill, G. R. D. (eds) (2005)
Political Economy and the Changing Global Order,
, Oxford: OUP.
Programme(s) in which this Module is Offered:
Semester(s) Module is Offered:
Spring
Module Leader:
Jim.Deegan@ul.ie