MRK 3544 Global Economy

MRK 3544 Global Economy

Course code: 
MRK 3544
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Marit Sjøvaag
Product category: 
Bachelor
Portfolio: 
Bachelor of International Marketing - Programme Courses
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

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 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.

Learning outcomes - Knowledge

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. Furthermore, they will learn how national political economy connects with international politics.

Learning outcomes - Skills

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. 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. They will be able to analyse states' international trade preferences in light of domestic political economy constraints.

General Competence

Students will be trained to understand the value-based reasons for the supranational regimes, particularly in the fields of international trade, international finance, sustainability and economic development, 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.

Course content
  • 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
Teaching and learning activities

The course consists of 39 hours constituting a combination of lectures and feedback on students’ work.

During the semester the students will write and get feedback on two assignments which will form the basis for the term paper.

Students are expected to actively engage to enhance learning both in and between lectures.

Software tools
No specified computer-based tools are required.
Additional information

.

Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

No particular prerequisites.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MRK 35442
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
40Yes3 Hour(s)
  • Bilingual dictionary
Individual
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MRK 35443
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
60No 1 Semester(s)Group/Individual (1 - 3)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)
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:40
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Bilingual dictionary
Duration:3 Hour(s)
Comment:
Exam code: MRK 35442
Grading scale:ECTS
Resit:Examination every semester
Exam category:Submission
Form of assessment:Written submission
Weight:60
Invigilation:No
Grouping (size):Group/Individual (1-3)
Support materials:
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)
Exam code: MRK 35443
Grading scale:ECTS
Resit:Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching39Hour(s) 33 hours regular lectures, 6 hours feedback on written assignments
Prepare for teaching83Hour(s)
Submission(s)75Hour(s)
Examination3Hour(s)
Expected student effort:
Workload activity:Teaching
Duration:39 Hour(s)
Comment: 33 hours regular lectures, 6 hours feedback on written assignments
Workload activity:Prepare for teaching
Duration:83 Hour(s)
Comment:
Workload activity:Submission(s)
Duration:75 Hour(s)
Comment:
Workload activity:Examination
Duration:3 Hour(s)
Comment:
Sum workload: 
200

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.