Dr Thomas Sampson

This course is available on the MPA Dual Degree (LSE and Columbia), MPA Dual Degree (LSE and Hertie), MPA Dual Degree (LSE and NUS), MPA Dual Degree (LSE and Sciences Po), MPA Dual Degree (LSE and Tokyo), MPA in European Public and Economic Policy, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy and MPA in Public and Social Policy. This course is available with permission as an outside option to students on other programmes where regulations permit.

The expectation is that students will have previously taken EC440 and EC455 or other equivalent courses. Students that have not taken EC440 and EC455 will require permission from the course lecturer to attend the course.

This course studies the policy implications of globalisation. The course considers both theoretical and empirical analyses of the causes and consequences of increasing international economic integration, focusing particularly on the challenges and opportunities that globalisation creates for policy makers. Key areas covered include: trade, investment, technology diffusion and migration. The course builds on the knowledge developed in EC440 and EC455.

20 hours of lectures and 10 hours of classes in the LT.

The formative coursework will comprise a graded problem set. The formative coursework will take place during the first half of term.

There is no single textbook for this course. Useful textbooks that cover international economics are:

Krugman, P. R., M. Obstfeld, and M. Melitz. “International Economics: Theory and Policy” 10th Edition, 2014.

McLaren, John. “International Trade”, 2012.

Journal articles will form the majority of course readings. Papers to be covered include:

Topalova, Petia (2010) “Factor Immobility and Regional Impacts of Trade Liberalization: Evidence on Poverty from India”, American Economic Journal: Applied

Economics, 2(4), 1-41.

Autor, David, David Dorn and Gordon Hanson (2013) “The China Syndrome: Local Labor Market Effects of Import Competition in the United States”, American Economic Review, 103(6) 212-2168.

Mundell, Robert (1961) “The Theory of Optimum Currency Areas” American Economic Review, 51, 717-725.

Exam (70%, duration: 2 hours) in the main exam period.
Coursework (20%) and class participation (10%).

The 20% coursework will consist of a graded problem set.