| Unit name | Globalisation and Development |
|---|---|
| Unit code | ECON10053 |
| Credit points | 20 |
| Level of study | C/4 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. De Magalhaes |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
Grade A or Level 7 in GCSE Mathematics (or equivalent) |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
The World has transformed from a subsistence economy to the much richer, and modern, economy of today. This unit provides the opportunity to explore why this transformation took place, and in particular why it took place where it did and when it did.
How does this unit fit into your programme of study?
This course brings concepts from Introductory Economics classes such as the `principle of comparative advantage’, `gains from trade’, `game theory’, `capital accumulation’, and uses these principles to look at World economy history. The course provides the first introduction to topics of Growth and Development Economics covered in the second and third year.
Overview of content
This course explores how the World we went from a subsistence economy in historical time to the much richer and modern economy of today. We will discuss why the Industrial revolution took place where it did and examine its repercussions to this day.
The main driving forces for Development will be presented and critically debated: geography, culture, and institutions.
The course introduces several models of development and underdevelopment, with an emphasis on capital accumulation, rural-urban migration, and the possibility of poverty traps.
The course also explores the influence that international trade, financial globalisation, and international migration have on modern development.
How will students, personally, be different as a result of the unit?
Students will develop an understanding of the causes, and barriers for development, and develop abilities to critically evaluate development policies.
Learning Outcomes
Students will be able to:
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Tasks which help you learn and prepare you for summative tasks (formative):
Tasks which count towards your unit mark (summative):
Both assessments assesses all learning outcomes.
When assessment does not go to plan:
If students fail the unit such that credit points cannot be awarded at the first attempt, they will normally be provided reassessment in the failed element(s).
The reassessment tasks will be:
Both assessments assesses all learning outcomes.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECON10053).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
