Global Political EconomyLaajuus (5 cr)

Objective

The student understands the perspectives of different socioeconomic groups, and their significance and the processes of globalization and regional reconfiguration as well as the reasons for conflict and cooperation in the global political economy. The student recognises the significance of geography in economic decision-making and relationships. The student will be able to apply sophisticated theoretical and conceptual analysis to current problems and construct and evaluate scenarios. The student will be able to conduct comparative analysis of national economic systems and relate localised phenomena to international and global developments.

Content

- Global finance and hegemony currencies
- United Nations and World Health Organization
- Energy
- World Economic Forum
- New World Order

Qualifications

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.