EC418 Half Unit
Globalisation and Economic Policy
This information is for the 2017/18 session.
Teacher responsible
Dr Thomas Sampson
Availability
This course is available on the MPA Dual Degree (LSE and Columbia), MPA Dual Degree (LSE and Hertie), MPA Dual Degree (LSE and NUS), MPA Dual Degree (LSE and Sciences Po), MPA Dual Degree (LSE and Tokyo), MPA in European Policy-Making, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy and MPA in Social Impact. This course is available with permission as an outside option to students on other programmes where regulations permit.
Pre-requisites
The expectation is that students will have previously taken EC440 and EC455 or other equivalent courses. Students that have not taken EC440 and EC455 will require permission from the course lecturer to attend the course.
Course content
Over the past fifty years the global economy has become increasingly interconnected. This course studies the policy implications of globalisation. The course considers both theoretical and empirical analyses of the causes and consequences of increasing international economic integration focusing particularly on the challenges and opportunities that globalisation creates for policy makers. Key areas covered include: international trade, capital flows, migration, technology diffusion and the relationship between globalisation and national sovereignty. The course builds on the knowledge developed in EC440 and EC455.
Teaching
20 hours of lectures and 10 hours of seminars in the LT.
Formative coursework
The formative coursework will comprise a graded problem set. The formative coursework will take place during the first half of term.
Indicative reading
There is no textbook that includes all the material covered in this course. Lectures and readings will primarily focus on journal articles. Two books that will be used during the course are:
Paul R. Krugman, Maurice Obstfeld and Marc J. Melitz, “International Economics: Theory and Policy” 10th Edition (Global Edition), Pearson Education, 2015.
Dani Rodrik, "The Globalization Paradox", Oxford University Press, 2011
Assessment
Exam (70%, duration: 2 hours, reading time: 15 minutes) in the main exam period.
Coursework (20%) and class participation (10%).
The 20% coursework will consist of a graded problem set.
Key facts
Department: Economics
Total students 2016/17: 28
Average class size 2016/17: 14
Controlled access 2016/17: Yes
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Specialist skills