Study Guide

Objective

Upon completing this course the student will:
- Understand the perspectives of different socioeconomic groups, and their significance
- Understand the processes of globalization and regional reconfiguration
- Understand reasons for conflict and cooperation in the global political economy
- Recognise the significance of geography in economic decision-making and relationships

Student will be able to
- apply sophisticated theoretical and conceptual analysis to current problems
- construct and evaluate scenarios
- conduct comparative analysis of national economic systems
- relate localised phenomena to international and global developments

Content

- Globalisation in practice
- Theories of global political economy
- Trade in theory and practice
- Finance in the global political economy
- The global corporation
- Economic development in theory and practice
- Ecology and sustainability
- Ethics and the legacy of colonialism
- Global value chains

Prerequisites

Economics or equivalent competences

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.