EC421E Half Unit
Global Market Economics
This information is for the 2013/14 session.
Teacher responsible
Professor Andrew Bernard
Availability
This course is available on the Executive MPA. This course is not available as an outside option.
Pre-requisites
Students must have completed Empirical Methods for Public Policy (EC455E) and Economic Policy Analysis (EC440E).
Course content
This course focuses on the economic interdependence between countries in a global economy. The first part of the course examines the structure and geography of world trade and examines popular hypothesis such as the “global village” or “flat earth”. The second part of the course analyses macroeconomic issues such as the magnitude and effects of international capital flows, the debate over fixed versus flexible exchange rates and the economics of a common currency
Teaching
A one-week modular teaching block.
Formative coursework
One essay opportunity will be provided.
Indicative reading
A full reading list will be distributed at the beginning of the course. A textbook for useful background reading is Paul Krugman, Maurice Obstfeld and Marc Melitz (2011), International Economics: Theory and Policy
Assessment
Essay (50%, 2000 words) and online assessment (50%).
Please note that online examinations take place on the third Friday after module teaching concludes. Assessed essays are due on the sixth Friday after module teaching concludes. Further details will be provided at the Executive MPA programme induction.
Key facts
Department: Economics
Total students 2012/13: Unavailable
Average class size 2012/13: Unavailable
Value: Half Unit