NBS8128 : Transitions in the Global Economy
- Offered for Year: 2018/19
- Module Leader(s): Professor Stephen Hughes
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
|Semester 1 Credit Value:||10|
To enable students to identify, analyse and discuss the macro-economic and institutional and market forces influencing transitions in the global economy.
Of particular interest is the formation and development of international regimes governing multilateral trade; institutions of global economic governance and their role in regulating the global economy; the formation and outcomes of intergovernmental agreements; the political economy of trade and market liberalism; the role and importance of macro-economic conditions in influencing national and multilateral decision-making; emerging markets and the challenge to multilateralism. This module offers an in-depth understanding of the complex international environment in which governments, business and organisations operate.
Outline Of Syllabus
1. Introduction to the global economy
2. Foundations of the global trade system
3. Transitions in the political and economic contours of the global economy
4. Group Presentations 1 – ‘Assessing the impact of globalisation’
5. Group Presentations 2 – ‘Assessing the impact of globalisation’
6. Global economic governance: WTO; IMF; World Bank etc
7. The macro-economics of markets, growth and regulation
8. Challenges and change in the system of multilateralism
9. Development, emerging markets and the future of the global economy
|Guided Independent Study||Assessment preparation and completion||1||23:00||23:00||N/A|
|Scheduled Learning And Teaching Activities||Lecture||9||3:00||27:00||N/A|
|Guided Independent Study||Directed research and reading||1||25:00||25:00||N/A|
|Guided Independent Study||Independent study||1||25:00||25:00||N/A|
Teaching Rationale And Relationship
Lectures provide theoretical and institutional framework to analyse economic and political integration in the global economy. Group presentations provide students with the opportunity to demonstrate presentations skills, teamwork, time-keeping and effective communication with an audience. Private study provides the opportunity for reflection and a foundation for student centred discussion and debate as part of, and in addition to, the formal lectures.
The format of resits will be determined by the Board of Examiners
|Prof skill assessmnt||1||M||30||Group presentation|
Assessment Rationale And Relationship
The 3000 word essay to assess depth of critical, analytical and synthetical research and scholarship skills. Group work to assess presentation skills, teamwork, time-keeping and effective communication through the critical analysis of a set topic. Both methods of assessment combine to measure individual and peer group learning outcomes.