Globalisation and Integration

INB427 Globalisation and Integration

Autumn 2018

Spring 2019
  • Topics

    This course focuses on globalisation and economic integration both in terms of long-term trends and in terms of current policy issues. In doing so, it relates to a number of highly relevant policy questions,  such as:

    • What are the possible implications of Brexit?
    • How may political changes in the US affect international trade relations?
    • What is the role of digitalisation and new technology in the growth of global value chains, and how does this affect the nature of 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?
    • Why have we seen a change towards more protectionistic policies in recent years?
    • 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 firms and production, migration, trade policies, political economy processes and international institutions, the course will enable you to assess possible respsonses to such questions. The course gives 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 makes you able to discuss and analyse the impact of such trends for specific firms, markets or industries.

  • Learning outcome

    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. Such 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.

    More specifically, the following learning outcomes apply:

    Knowledge

    Upon completion of the course, you will

    • have solid knowledge about globalisation and integration trends in the world,
    • have solid knowledge about theoretical and empirical analyses related to globalisation and integration.

    Skills

    Upon completion of the course, you will

    • be able to analyse the impact of globalisation and integration for specific firms, markets or industries,
    • have insights and tools that enable you to understand and assess the impact of current and future trade policy questions.

    General competences

    Upon completion of the course, you will

    • understand the economic and political forces influencing globalisation and integration processes,
    • be able to communicate about globalisation and trade policy issues with both specialist and non-specialists in an international setting.

  • Teaching

    Lectures, class discussions, group work and student presentations.

  • Recommended prerequisites

    Basic micro and macro economics.

  • Required prerequisites

    Basic micro and macro economics.

  • Requirements for course approval

    Students are expected to attend the lectures and contribute actively in class. In particular, all students are required to take part in:

    • Group work,
    • Class discussions on various topics,
    • Presentations in class.

  • Assessment

    The assessment will be based (100 per cent) on an individual term paper.

  • Grading Scale

    Grading scale A - F.

  • Computer tools

    Canvas

  • Literature

    • Richard Baldwin: The Great Convergence. Information Technology and the New Globalization. The Belknap Press of Harvard University Press, 2016.
    • Reports and Articles.

    The complete reading list will be announced at course start.

Overview

ECTS Credits
7.5
Teaching language
English.
Semester

Spring.

Course responsible

Jan I. Haaland and Linda Orvedal, Department of Economics.