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Global Economy (KFM001), 3 op
Basic information
| Course name: | Global Economy GLOBAL ECONOMY |
| Course Winha code: | KFM001 |
| Kurre acronym: | KFM001 |
| Credits: | 3 |
| Type and level of course: | Professional studies |
| Year of study, semester or study period: | 3.year |
| Implementation: | 4.period |
| Semester: | 0607 |
| Language of tuition: | English |
| Teacher: | Michael Keaney |
| Final assessment: | Grading scale (0-5) |
Descriptions
Prerequisites
KC1001 Introduction to Business Economics
Course contents (core content level)
Theoretical perspectives (realism, liberalism, Marxism)
The international trade system
The international financial system
Multinational/transnational corporations
Development
Regionalisation
Economies in transition
The environment and global governance
Course contents (additional)
Core content level learning outcomes (knowledge and understanding)
This course is designed to equip students with some theoretical and conceptual instruments that will give them a variety of perspectives of the international political and economic system. After completing the course students will be able to
¤ Analyse the international business environment
¤ Engage in scenario planning
¤ Understand the linkages between economics and politics
Core content level learning outcomes (skills)
Analytical skills
Strategic planning
Scenario planning
Recommended reading
David N. Balaam & Michael Veseth, Introduction to International Political Economy, 3rd ed., Upper Saddle River, NJ: Pearson/Prentice Hall, 2005 (ISBN 0-13-129365-6)
This is an essential purchase.
Teaching and learning strategies
This course requires a lot of reading. The textbook provides an excellent introduction to the various subjects, but to get the full value of this course students are strongly encouraged to take advantage of the extensive selection of books available in the library. Additionally, students should make regular use of quality newspapers and periodicals.
Attendance at lectures is strongly recommended, especially to enable participation in assessments. Failure to attend class tests will result in a mandatory failure of these tests, unless a medical certificate is provided.
Teaching methods and student workload
Lectures
Exam
Self-study
Project
Tests
Assessment weighting and grading
Students must achieve a grade of 40% in BOTH their course average AND the final exam. Failure to pass the final exam means that students forfeit their coursework grades.
Final exam: 50%
Individual essay: 30%
Ambush test 1: 10%
Ambush test 2: 10%
Related competences of the degree programme
Competencies for society and organisations
Advanced business competencies
International competencies
Ethical competencies
Personal development
Development competencies