MRK 3544 Global Economy
MRK 3544 Global Economy
This course is an introduction to the key supranational and intergovernmental organizations that regulate international economic activity, with particular emphasis on the historical background, structure and function of the WTO and the EU. Special attention is given to the sustainability challenge and regimes of relevance to marketing and consumer issues, as well as how the international civil society is strengthened as a key player in forming public opinion.
Students will gain a basic understanding of the global economy, and understand how organizations, in particular the WTO and the EU, contribute to regulation of international economic activity. They will learn how different theoretical perspectives lead to different conclusions regarding current major issues such as free trade, sustainability, and the global financial system. Furthermore, they will learn how national political economy connects with international politics.
The students acquire a clear understanding of how cross-border economic activity takes place in a complex regulatory regime, where national government and supranational competencies interact. They will be able to analyse states' international trade preferences in light of domestic political economy constraints, and evaluate challenges and opportunities for business.
Students will be trained to understand the value-based reasons for the supranational regimes, particularly in the fields of international trade, sustainability, and the international monetary and financial system, and to have a mature and reflective approach to the problems and weaknesses that characterize these regimes. They gain an understanding of how markets need regulation to function.
- Global political economy - theory and framework
- International trade and production
- The EU and the EEA
- The international monetary and financial system
- Sustainability both as environmental and development issue
The teaching and learning activities consist of a combination of lectures, group presentations and discussions, and feedback on students’ written work.
During the semester the students will be given four essay questions, related to the four main topics in the course. These questions will be the focal point for group and plenary discussions with input from lecturer. One of these essays will be given as basis for the home exam.
Students will also have the opportunity for feedback on two written assignments that are central to the term paper.
Students are expected to actively engage to enhance learning both in and between lectures.
There will be a re-sit examination in both MRK 35442 and MRK 35443 autumn 2022 and last time spring 2023.
Higher Education Entrance Qualification
Disclaimer
Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.
No particular prerequisites.
| Assessments |
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Exam category: Submission Form of assessment: Written submission Weight: 40 Grouping: Group (1 - 3) Duration: 8 Hour(s) Comment: The exam paper is based on one of four essay papers that the students have been given during the semester. All exams must be passed to obtain a final grade in the course. Exam code: MRK 35444 Grading scale: ECTS Resit: Examination every semester |
Exam category: Submission Form of assessment: Written submission Weight: 60 Grouping: Group/Individual (1 - 3) Duration: 1 Semester(s) Comment: The assignment consists of two papers, each no more than 2500 words (excluding cover page, table of content, and references). Paper 1: a descriptive paper on the politics and economy of the student's exchange country Paper 2: an analytical paper on a topical issue (to be given at the start of the course) All exams must be passed to obtain a final grade in the course. Exam code: MRK 35445 Grading scale: ECTS Resit: Examination every semester |
All exams must be passed to get a grade in this course.
| Activity | Duration | Comment |
|---|---|---|
Teaching | 30 Hour(s) | |
Prepare for teaching | 80 Hour(s) | |
Submission(s) | 75 Hour(s) | |
Group work / Assignments | 15 |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.