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KINT 4815 - ECONOMICS AND GLOBALISATION

Type d'enseignement : Lecture alone

Semester : Autumn 2017-2018

Number of hours : 48

Language of tuition : English

Pre-requisite

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Course Description

This course analyzes the nexus among the causes and the effects of the ongoing globalization process from the point of view of international economics, highlighting the main challenges and opportunities faced by workers, firms and governments. It examines both financial globalization (international finance) and real globalization (trade). Its aim is providing a broad perspective interconnecting historical processes with contemporary questions on the future of the world economy. Lectures will develop and liaise several methodological approaches and levels of analysis: present day events; economic theory; empirical investigations. Students will also learn key methodological tools like the balance of payment and the welfare analysis of trade policy. Specifically the course addresses the following questions. What are the historical roots of globalization? How do we explain global imbalances and the underlying financial flows? What are the gains from trade and why do countries trade among themselves? Why is protectionism a cost and why we have multilateral trading regulations? Who benefits and who loses out from globalization? Objective of the course: Along the way students will develop the ability to reach a critical understanding of the global economy and of many contemporary events. Seminar tutorials will offer students the opportunity to deepen the knowledge of the methodological tools they need in apprehending and understanding the concepts and issues presented through the lectures.

Teachers

  • BARBA NAVARETTI, Giorgio (Professor of Economics at the University of Milan and Scientific Director of the Centro Studi Luca d'Agliano)
  • SARDOSCHAU, Sulin (.)

Course validation

Class room tests : one intermediate (40%) and one final (60%).

Required reading

  • The basic background textbook is: Pugel, T., International Economics, XVth edition, McGraw-Hill, 2012 (P2012)
  • For a detailed bibliography, please refer to the Syllabus