30168 - ECONOMICS OF GLOBALIZATION
CLEAM - CLEF - CLEACC - BESS-CLES - BIEMF
Department of Economics
Course taught in English
Go to class group/s: 31
CLEAM (6 credits - II sem. - OP | SECS-P/01) - CLEF (6 credits - II sem. - OP | SECS-P/01) - CLEACC (6 credits - II sem. - OP | SECS-P/01) - BESS-CLES (6 credits - II sem. - OP | SECS-P/01) - BIEMF (6 credits - II sem. - OP | SECS-P/01)
Course Director:
TOMAS ERIC MURPHY
TOMAS ERIC MURPHY
Course Objectives
The goal of this course is to provide an understanding of the long-term evolution and current state of globalisation. It begins exploring the path followed by the world economy over the last two centuries to reach its present degree of integration, to then focus on current debates on the challenges faced by governments, firms and individuals in a globalised economy. The course builds on students’ earlier work in economics by applying basic theoretical insights and empirical tools to major topics on globalisation, and hence integrates material from a variety of sub-disciplines in economics, such as trade, international finance, growth theory, economic history, labour economics, and political economy.
Course Content Summary
The final structure of the course is still to be defined, but it is expected to consist of two parts. Firstly, a section on the rise of the integrated world economy, where a brief history of globalisation is used to introduce topics such as trade and technology, factor (capital and labour) movements, commercial policies, or the various forms of interactions between core and periphery. Secondly, a section on current debates on globalisation were various issues will be discussed, such as the tension between free trade and protectionism, the pros and cons of financial globalisation, the importance of trade costs and labour mobility, or the role of institutions and culture on specialisation.
Detailed Description of Assessment Methods
Students can choose to be evaluated in two alternative ways: via course-work or via general exam.
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Textbooks
- K.H. O’ROURKE, J.G. WILLIAMSON, (2001). Globalisation and History: The Evolution of a Nineteenth-century Atlantic Economy (MIT Press).
Prerequisites
Basic economics (Microeconomics and Macroeconomics) and quantitative methods (e.g. ‘Applications for economics, management and finance’, ‘Metodi quantitativi per l'economia’ or similar) required.
Last change 25/03/2014 15:30