EC335      Half Unit
Economic Policy in the Global Economy

This information is for the 2024/25 session.

Teacher responsible

Dr Thomas Sampson (SAL.2.34)

Availability

This course is available on the BSc in Econometrics and Mathematical Economics, BSc in Economics, BSc in Economics and Economic History, BSc in Economics with Economic History, BSc in International Social and Public Policy and Economics, BSc in Philosophy and Economics, BSc in Philosophy, Politics and Economics and BSc in Politics and Economics. This course is available as an outside option to students on other programmes where regulations permit. This course is available with permission to General Course students.

Pre-requisites

Students should have completed Microeconomics II (EC2A1 or EC2A3) or Microeconomic Principles I (EC201) or Microeconomic Principles II (EC202), or equivalent.

Students should also have completed Econometrics II (EC2C1) or Econometrics I (EC2C3) in combination with Econometrics II (EC2C4) or Introduction to Econometrics (EC220) or Principles of Econometrics (EC221), or equivalent.

Course content

The course explores economic policy in the global economy. We study the causes and consequences of international economic integration, focusing on how globalisation affects the trade-offs that shape policy. Both theoretical and empirical analyses will be considered. Key topics include international trade, capital flows, migration, technology diffusion, taxation in the global economy, and the relationship between globalisation and national sovereignty.

Teaching

This course is delivered through a combination of classes and lectures, totalling a minimum of 25 hours.

15 hours of lectures and 10 hours of classes in the Autumn Term.

Formative coursework

Students will submit and receive feedback on two problem sets during the term.

Indicative reading

The course is mainly based on lecture notes and journal articles. As an example of the level and content of the reading in economics articles, students may wish to look at the following: 

  • Rodrik, D. 2011. The Globalization Paradox. Oxford University Press.
  • Harrison, A. and Scorse, J. 2010. “Multinationals and Anti-Sweatshop Activism” American Economic Review 100(1): 247-273.

Assessment

Exam (90%, duration: 2 hours, reading time: 15 minutes) in the spring exam period.
Class participation (10%) in the AT.

Key facts

Department: Economics

Total students 2023/24: 27

Average class size 2023/24: 7

Capped 2023/24: No

Value: Half Unit

Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Self-management
  • Problem solving
  • Application of numeracy skills