EC418      Half Unit
Globalisation and Economic Policy

This information is for the 2017/18 session.

Teacher responsible

Dr Thomas Sampson

Availability

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 Policy-Making, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy and MPA in Social Impact. This course is available with permission as an outside option to students on other programmes where regulations permit.

Pre-requisites

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.

Course content

Over the past fifty years the global economy has become increasingly interconnected.  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: international trade, capital flows, migration, technology diffusion and the relationship between globalisation and national sovereignty.  The course builds on the knowledge developed in EC440 and EC455.

Teaching

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

Formative coursework

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

Indicative reading

There is no textbook that includes all the material covered in this course.  Lectures and readings will primarily focus on journal articles.  Two books that will be used during the course are:

Paul R. Krugman, Maurice Obstfeld and Marc J. Melitz, “International Economics: Theory and Policy” 10th Edition (Global Edition), Pearson Education, 2015.

Dani Rodrik, "The Globalization Paradox", Oxford University Press, 2011

Assessment

Exam (70%, duration: 2 hours, reading time: 15 minutes) in the main exam period.
Coursework (20%) and class participation (10%).

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

Key facts

Department: Economics

Total students 2016/17: 28

Average class size 2016/17: 14

Controlled access 2016/17: Yes

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills