Economics, Globalisation, Wealth and Income Distribution, 7.5 credits

Aims and objectives

General aims for first cycle education

First-cycle courses and study programmes shall develop:

• the ability of students to make independent and critical assessments
• the ability of students to identify, formulate and solve problems autonomously, and
• the preparedness of students to deal with changes in working life.

In addition to knowledge and skills in their field of study, students shall develop the ability to:

• gather and interpret information at a scholarly level
• stay abreast of the development of knowledge, and
• communicate their knowledge to others, including those who lack specialist knowledge in the field.

(Higher Education Act, Chapter 1, Section 8)

Course objectives

Knowledge and understanding

On completion of the course the student should

• have knowledge about facts on economic globalisation
• understand the incentives behind economic integration and how globalisation affect individuals and society in general.

Competence and skills

On completion of the course the student should have the ability

• to use economic models to analyse effcts of economic globalisation
• to use economic theory to analyse effects of trade barriers and obstacles for free mobility of factors of productions
• to discuss the effect on income distribution from economic globalisation (and "automatization”").

Judgement and approach

On completion of the course the student is expected to

• be able to review and asses arguments presented in the public debate on economic globalisation

Main content of the course

• facts on international trade, foreign direct investments (FDI) and human migration
• trade theory
• incentives for and effects of foreign direct investments and outsourcing
• theoretical models on effects of human migration
• consequences of free mobility of financial capital
• income distribution effects from economic globalisation, automatization and other factors behind structural change in the economy.

Teaching methods

Teaching is in the form of lectures, discussions and group assignments.

Students who have been admitted to and registered on a course have the right to receive tuition and/or supervision for the duration of the time period specified for the particular course to which they were accepted (see, the university's admission regulations (in Swedish)). After that, the right to receive tuition and/or supervision expires.

Examination methods

Examination, 7.5 credits (Code: A001)
Individual written home exam.

Classroom Participation (Code: A002)
Participation in mandatory classroom activities.

For students with a documented disability, the university may approve applications for adapted or other forms of examinations.

For further information, see the university's local examination regulations (in Swedish).

Comments on examination methods

At four lectures Class room attendance is mandatory, where a new course moment is introduced. In case of absence the student must hand in a written assignment according to the teacher’s instructions.

Grades

According to the Higher Education Ordinance, Chapter 6, Section 18, a grade is to be awarded on the completion of a course, unless otherwise prescribed by the university. The university may prescribe which grading system shall apply. The grade is to be determined by a teacher specifically appointed by the university (an examiner).

According to regulations on grading systems for first- and second-cycle education (vice-chancellor's decision 2019-01-15, ORU 2019/00107), one of the following grades is to be used: fail, pass, or pass with distinction. The vice-chancellor or a person appointed by the vice-chancellor may decide on exceptions from this provision for a specific course, if there are special reasons.

Grades used on course are Fail (U), Pass (G) or Pass with Distinction (VG).

Examination
Grades used are Fail (U), Pass (G) or Pass with Distinction (VG).

Classroom Participation
Grades used are Participated (DT).

For further information, see the university's local examination regulations (in Swedish).

Comments on grades

The final grade will be translated into the ECTS grading scale, A-F.

Specific entry requirements

General entry requirements.

For further information, see the university's admission regulations (in Swedish).

Transfer of credits for previous studies

Students who have previously completed higher education or other activities are, in accordance with the Higher Education Ordinance, entitled to have these credited towards the current programme, providing that the previous studies or activities meet certain criteria.

For further information, see the university's local credit transfer regulations (in Swedish).

Other provisions

The course will be given in English.

Reading list and other teaching materials

Required Reading

Feenstra, Robert C, Alan M. Taylor
International Trade
Macmillan Learning

Steger, Manfred B
Globalization: A Very Short Introduction
Oxford University Press

Articles and other material (max 300 pages)