INB427 Globalisation and Integration
This course focuses on globalisation and economic integration in a relatively long-term perspective. In doing so it relates to many current themes in international economics and politics, such as:
- What are the possible implications of Brexit?
- How may political changes in the US affect international trade relations?
- What are new trade agreements - like TTIP, TISA and TPP - about and why is it so difficult to complete such agreements?
- What is the role of the World Trade Organisation (WTO) today?
- How will climate policies and the Paris agreement affect international trade and globalisation?
- What are the economic implications of the strong increase in migration?
These are examples of questions that will be discussed and analysed in this course. Using tools and insights from theoretical and empirical studies of international trade in goods and services, foreign direct investments and multinationals, location of firm and production, migration, trade policies, political economy processes and international institutions, the course will enable you to assess possible effects of such questions. The aim is to give you a solid understanding of long-term trends and driving forces behind global and regional integration, as well as the political processes surrounding such processes, and to make you able to discuss and analyse the impact of such trends for specific firms, markets or industries.
The aim of this course is to provide you with insights and tools that help you understand and be able to analyse the impact of globalisation and integration processes. Globalisation and integration processes are of great importance for any internationally oriented firm or organisation. A good knowledge of how globalisation and economic integration work and what the impact on firms, markets and individuals may be is thus essential. Furthermore, the ability to understand and assess implications of current political issues and debates regarding trade and globalisation is becoming increasingly important.
Upon completion of the course, you will
- have solid knowledge about general globalisation and integration trends in the world,
- have solid knowledge about theoretical and empirical analyses related to globalisation and integration,
- understand the economic and political forces influencing such processes,
- be able to analyse the impact of globalisation and integration for specific firms, markets or industries,
- have insights and tools that help you understand current and future trade policy questions, and to assess possible impacts of such issues for firms and markets.
Lectures, class discussions, group work and student presentations.
Basic micro and macro economics.
Requirements for course approval
Requirements for course approval
All students must participate in group work on particular topics, including presentation in class. In addition, students should take actively part in class discussions, and are thus required to be present in certain parts of the course (the course outline will specify which parts of the course this applies to).
The assessment will be based on two elements:
- An individual term paper related to the group work (40 per cent)
- A 3 hour written exam (60 per cent)
Grading scale A - F.
To be announced at course start.
- ECTS Credits
- Teaching language
Jan I. Haaland and Linda Orvedal, Department of Economics.