Global Political EconomyLaajuus (5 cr)

Objective

Upon completing this course, the student
• understands the perspectives of different socioeconomic groups, and their significance
• understands the processes of globalisation and regional reconfiguration
• understands reasons for conflict and cooperation in the global political economy
• 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
• construct and evaluate scenarios
• conduct comparative analysis of national economic systems
• relate local 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

Qualifications

Economics or equivalent competences

Assessment criteria, satisfactory (1)

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment criteria, good (3)

The student
• has achieved the objectives of the course well, although there are still areas where knowledge and skills need to be improved
• has a good understanding of the concepts and models of the subject matter of the course and is able to carry out a reasoned analysis
• is able to apply what they have learned in leisure, learning and working life situations
• understands the importance of expertise in business and is able to analyse their own expertise.

Assessment criteria, excellent (5)

The student
• has achieved the objectives of the course with excellent marks
• has an excellent command of the concepts and models of the subject matter of the course
• is able to analyse clearly and reasonably and propose practical development measures
• has a good ability to apply what they have learned in leisure, learning and working life situations
• is able to analyse expertise in business and their own development towards expertise.

Assessment criteria, approved/failed

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.