MRK 3544 Global Economy
MRK 3544 Global Economy
The purpose of the course:
The 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 devoted to 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, economic development, the global financial system and environmental change.
The students are to acquire a clear understanding of how cross-border economic activity takes place in a complex regulatory regime, where national government and supranational competencies interact. Students will be able to understand how marketing is regulated as both supranational cross-border services, and as a part of corporate and national states' economic strategies.
Students will be trained to understand the value-based reasons for the supranational regimes, and to have a mature and reflective approach to the problems and weaknesses that characterize these regimes. Likewise, they gain an understanding of how markets need regulation to function.
- Global political economy - theory and framework
- Globalisation
- International regimes for trade and cooperation (including WTO, IMF, WB, EU, EEA)
- The international monetary and financial system
- Economic development
- The global environmental challenge
The course consists of 39 hours constituting a combination of lectures and feedback on students’ work.
60% of the final grade is given relative to two papers written during the semester. The students will be given an opportunity to receive feedback on the papers, and make changes and corrections, before final hand-in at the end of term.
Students are expected to actively engage to enhance learning both in and between lectures.
Re-sit examination for MRK 35441 will be autumn 2018 and last time spring 2019. From autumn 2019 (2019/20) students need to take both MRK 35442 and MRK 35443.
Higher Education Entrance Qualification.
No particular prerequisites.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 40 Grouping: Individual Support materials:
Duration: 3 Hour(s) Exam code: MRK 35442 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) Exam code: MRK 35443 Grading scale: ECTS Resit: Examination every semester |
All exams must be passed to get a grade in this course.
| Activity | Duration | Comment |
|---|---|---|
Teaching | 39 Hour(s) | 33 hours regular lectures, 6 hours feedback on written assignments |
Prepare for teaching | 83 Hour(s) | |
Submission(s) | 75 Hour(s) | |
Examination | 3 Hour(s) |
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.
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)