Unit name | Globalisation and Development |
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Unit code | ECON10053 |
Credit points | 20 |
Level of study | C/4 |
Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
Unit director | Dr. De Magalhaes |
Open unit status | Not open |
Pre-requisites |
GCSE Grade A Maths |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
This course provides an overview of the economics of Globalisation and Development. The first part of the course will take a historical perspective and focus on globalisation and development up to the Industrial Revolution. We will discuss the main driving forces: geography, culture, and institutions. The second part of the course first introduces several models of development and underdevelopment, with an emphasis on capital accumulation, rural-urban migration and the possibility of poverty traps. Next, it moves on to explore the influence that international trade, financial globalisation and international migration have on modern development. Finally, the course turns to examining in more detail the agricultural and industrial sectors and what governments can do to facilitate their transformation as well as the development of the whole economy.
Whilst these questions are difficult the course does not assume any previous knowledge of economics. Some basic (GCSE level) mathematics is used through the course.
To develop a coherent understanding of the economic causes and consequences of globalisation and development. To evaluate the different theories that explain development. To be able to apply simple economic analysis to some of the problems facing present-day less developed countries. To be able to critically evaluate developmental policy undertaken by domestic governments and international organisations.
Students will develop an understanding of several basic economic models and concepts, and the ability to critically compare them:
21 one hour lectures and 9 one hour classes
Formative assessment:
Summative assessment: