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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2015/2016

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Globalisation, Trade and Development (ECNM10062)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThis course studies economic growth, inequality and the role of institutions in a globalised world. It introduces students to key stylised facts about the nature and impact of globalisation during the last three decades. Particular emphasis is placed on the experience of developing countries. The course then shows how workhorse models of international economics can be used to think about the real-life linkages between trade and economic development. Its aim is to teach students how economic theory can be employed to analyse the benefits from globalisation, and to diagnose its problems.

Part of the course content is mathematical, and knowledge of elementary calculus is assumed.
Course description Topics covered will include:

What is Globalisation, and When Did it Begin? The Classical Gains from Trade; Trade and the Distribution of Income; Trade and Economic Growth; Trade, the Environment and the Theory of Second Best; Agglomeration, Geography and Trade.

The course is taught through a programme of lectures and tutorials. Part of the course content is mathematical, and knowledge of elementary calculus is assumed.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesVisiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in Macroeconomics, Microeconomics, and Introductory Econometrics. We will only consider University/College level courses.
High Demand Course? Yes
Course Delivery Information
Not being delivered
Learning Outcomes
On completion of this course, the student will be able to:
  1. A knowledge and understanding of key issues in the analysis of globalisation and trade with reference to the experience of developing countries, including models of international economics and associated mathematical techniques, along with applications and policy implications of those models and a deeper understanding of recent research activity in some more specialised areas.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding.
  4. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
  5. Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
Reading List
There is no textbook for this course, but use will be made of readings from economic journals.

The following book contains a number of key readings:
Michael W. Weinstein (ed.), Globalization: What¿s New?, Columbia University Press, New York, 2005.
Additional Information
Graduate Attributes and Skills See Learning Outcomes
Additional Class Delivery Information Fortnightly tutorials starting in week 2.
KeywordsGTD
Contacts
Course organiserDr Robert Zymek
Tel: (0131 6)50 4466
Email: robert.zymek@ed.ac.uk
Course secretaryMs Dawn Hutcheon
Tel: (0131 6)51 5958
Email: Dawn.Hutcheon@ed.ac.uk
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