Economics, Globalisation, Second Cycle, 7.5 credits

Learning outcomes

Knowledge and understanding

After a successful completion of the course, students are expected to

• have a deeper knowledge in microeconomic theory applied to the field of international trade and globalization
• understand and be able to analyze the determinants of globalization processes and the relationship between globalization and, e.g., income distribution.

Ability

After a successful completion of the course, students are expected to be able to

• apply microeconomic theory to the topic of globalization
• discuss various types of economic policy tools, price competition, growth, foreign direct investments etc. in the context of globalization
• use gravity models and economic data to analyze effects of globalization.

Judgement

After a successful completion of the course, students are expected to be able to

• apply economic theories in practical work
• actively and critically follow ongoing research on globalization.

Content

The course covers the following topics:
1. Theories on the driving forces behind international trade and specialization
2. Effects of international trade and international competition on prices, industrial structure and income distribution
3. The relationship between internationalization and economic growth
4. Impacts of trade and economic policy
5. International factor movements in terms of migration and foreign direct investments
6. Effects of economic integration

The course deals with international economics and globalization in a theoretical as well as empirical perspective. The students will be introduced to analytical tools that will give them a basis for conducting independent work on problems within the field.

Examinations and grades

Written Examination, 4.5 credits (Code: A001)
Grades used are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

Assignment, 3 credits (Code: A002)
Grades used are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

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 determine which grading system is to be used. The grade must be determined by a teacher specifically nominated by the university (the examiner).

In accordance with university regulations on grading systems for first and second-cycle courses and study programmes (Vice-Chancellor’s decision ORU 2018/00929), one of the following grades is to be used: fail (U), pass (G) or pass with distinction (VG). For courses included in an international master’s programme (60 or 120 credits) or offered to the university’s incoming exchange students, the A to F grading scale is to be used. The vice-chancellor, or a person appointed by them, may decide on exceptions from this provision for a specific course, if there are special grounds for doing so.

The grades used on this course are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

Comments on grades

To obtain a passing grade for the course as a whole, a minimum of grade E is required for all components on the course. To arrive at a course grade, the grades awarded for each examination assignment, grades A-E, are first converted to the numerical values 5-1. An average value is then calculated, also taking into account the number of credits for each examination assignment in relation to the total number of credits for the course. The course grade is thus awarded by means of a weighted average of the examination assignments included on the course.

Modes of assessment

Written Examination, 4.5 credits (Code: A001)
Written Assignment, 3 credits (Code: A002)

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

For further information, see the university's local examination regulations.

Specific entry requirements

First-cycle courses of 75 credits in Economics including an independent project of 15 credits. In addition, successful completion of the course "English B/English 6" from the Swedish Upper Secondary School or equivalent is required.

For further information, see the university's admission regulations.

Other provisions

Make-up assignments (code A002) should be completed according to the teachers instruction.

Reexamination
The spring semester reexamination will take place in August and thus replaces the additional reexam.

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.

Reading list and other learning resources

Required Reading

A reference list with selected research papers that will be covered or referred to will be updated and provided during the course.