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MODULE SPECIFICATION TEMPLATE
MODULE DETAILS
Module title
Globalisation & International Markets
Module code
EC382
Level
Level 4
X
Credit rating
Level 5
Level 6
Level 7
20
Pre-requisites for
registration on this module
eventually it is anticipated that these
will be specified in terms of learning
outcomes; in the interim they should
be specified in terms of other
module codes, or equivalent
Type of module
Year Through
Period of time over which it is
delivered and mode of delivery
Brief description of
module content and/ or
aims
Overview (max 80 words)
This module is designed to develop and integrate the students'
knowledge of international business issues within the
framework of global political economy. Such an
understanding of the contextual dynamics provides a
platform for informed critical analysis.
Module team/ author/
coordinator(s)
Helen Berry
Semester 1 or 2
1&2
Site/ campus where
delivered
Moulsecoomb
Field(s) for which module is appropriate and status in that field
Field
Status (mandatory/ compulsory/ optional)
Business
Optional
Course(s) for which module is appropriate and status on that course
Course
Status (mandatory/ compulsory/ optional)
Business Degrees
Optional
Template updated: June 2011
MODULE AIMS, ASSESSMENT AND SUPPORT
Aims
Learning outcomes/
objectives
By the end of the module the students should be able to:
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Content
Define the nature of the "globalization" debate and the
changing global economy.
Evaluate critically the forces that drive and constrain
globalization: technology; TNCs; governments.
Demonstrate a critical understanding of global capital
flows FDI and international trade.
Evaluate the impact of international agencies and their
interaction with sovereign states and regional groupings in
the process of globalization.
Demonstrate clear understanding of the dynamics of geopolitics.
Assess the impacts of rising economic powers and
alternative growth strategies
Demonstrate awareness of shifting patterns of power and
wealth
Identify the dynamics of global competition and
cooperation in international arena.
Globalization: Fact of Fiction?
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definitions & associations: internationalization;
liberalization; westernisation/ Americanisation;
supra-territoriality
Globalizing trends
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expansion of international trade & capital flows
FDI
Technology: “driver & enabler”
Ideologies and Agents
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USA and the Anglo-Saxon model
the role of national governments & regional
groupings
the role of international agencies
The dynamics of geo-political change
- the impacts of the rise of China & India
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the development of new trade patterns
-
the emerging relationships with the USA
The international financial architecture
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Template updated: June 2011
capital markets & financial crises
co-operation and conflict
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Bretton Woods to the G20
roles of IMF & World Bank
Strategies for Development
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transition economies
sustainable development
ethical standards
income differentials
Poverty
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measuring wealth & the standard of living
human development index
Millennium Development goals
poverty reduction strategies: trade aid & debt
forgiveness
roles & responsibilities: governments; business;
international agencies
The programme will be delivered by means of lectures,
seminars and workshops. Students will be expected to
prepare thoroughly for the discussion of taught materials
in seminars and workshops and also to develop
individual skills and team work in preparation for
workshop presentations of in-depth research of specific
topics.
Lectures:
20
Seminars: 20
Open Learning:
Self Study:
100
Workshops: 20 Assessment:
TOTAL:
Learning support
Including indicative reading,
computer packages, field trips etc
0
40
200
Indicative reading:
Latest editions of:
O’Brien R. & Williams M., Global Political Economy: Evolution &
Dynamics, Palgrave
Ravenhill J., Global Political Economy, Oxford
Bayliss, J. & Smith, S. The Globalization of World Politics.
Oxford
Coase, R & Wang, N., How China Became Capitalist, Palgrave
Macmillan
Saich, T., Governance & Politics in China, Palgrave Macmillan
Template updated: June 2011
Adeney, K. & Wyatt A., Contemporary India, Palgrave
Macmillan
Gamble, A., ‘From Boom to Bust’ in The Spectre at the Feast,
London: Palgrave Macmillan
Stiglitz, J., Freefall: Free Markets and the Sinking of the Global
Economy, London: Penguin
Dahms H.F (ed.), Transformations of Capitalism: Economy,
Society & the State in Modern Times. Macmillan
Dicken, P., Global Shift: Mapping the Changing Contours of the
World Economy, Sage
Lairson, T.D. & Skidmore, D., International Political Economy:
the struggle for power & wealth. Thomson Wadsworth
Panic, M., Globalization and National Economic Welfare.
Palgrave
Scholte, J.A., Globalization: a critical introduction. Palgrave
Stubbs, R & Underhill, G. Political Economy and the Changing
Global Order. Oxford
Assessment tasks
Including weighting of individual
tasks
Group presentation 20%
Individual portfolio to include a summative personal analysis of the
group work, building to an individual research report 80%
Maximum length 2500 words
EXAMINATION INFORMATION
Area examination board
Economics
External examiners
Name
QUALITY ASSURANCE
Date of first approval
Only complete where this is not the
first version
Date of last revision
Only complete where this is not the
first version
Date of approval for this
version
Template updated: June 2011
Date appointed
Version number
1
Modules replaced
Globalisation & International Markets
Specify codes of modules for which
this is a replacement
Template updated: June 2011