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Course NameGlobal Economics
InstructorGhimire, Kleber
MajorMajor Subjects
Course goalsThis course has the objective of introducing key dimensions of the global economy with multiple and complex connections at various levels. Above all, the course aims at helping students to develop a more nuanced view on the international economic system and its outcomes, while strengthening their knowledge and reasoning skills on the related fundamental theoretical and empirical questions.
Course outlineThe promise and the limitations (including recurrent volatilities) of the global economy are widely assessed by the media industry, financial institutions, transnational corporations, government agencies and international organizations. Increasingly, many these elements have tended to animate academic research and political discourses in civil society. But what are the underlying concepts? How should the historical evolution and the geographical expansion in world economic integration be appraised? What are the essential theoretical debates? In short, how to grasp the global economy in its entirety, manifested in its current structures and processes? The course is being conceived to suit to students from the undergraduate level. It will be presented in a simplified manner, clarifying along the way all essential complex terms and notions. It will be taught in simple, plain English so that all students can easily follow their lessons. Moreover, PowerPoint presentations will be used to help students to retain the basic information without difficulty
Evaluation Scale and PoliciesClass attendance/ participation, group work and oral presentation on selected topics: 50% Final written examination: 50%.
PrerequisitesThis course should provide students with an overall picture of the global economy, thereby enabling them to understand various points of views expressed by the media world, international institutions, national governments and civil society. The course would help them to acquire advanced knowledge on essential theoretical and empirical tools vital for continuing their higher studies on international relations' field and/or going into the practical job market. Finally, students will benefit from the opportunity to improve their English language skills.
Texts, materials, and suppliesStudents will be asked to read certain passages of the following books: Bhagwati, Jagdish, In Defense of Globalization, Oxford University Press, New York, 2004. Braudel, Fernand, A History of Civilization, Penguin Books, New York, 1993. Held et al., David, Global Transformations, Stanford University Press, Stanford, 1999. Ghimire, Kl éber << L'émergence de nouveaux espaces économiques mondiaux : comment comprendre l'évolution des relations centre-périphérie ? >>, Informations et Commentaires, n° 163, April – June 2013, pp. 6-18 (a Google-translated English text will be made available in the class). Gilpin, Robert, Global Political Economy, Princeton, Princeton University Press, 2001. Palan, Ronen (eds.), Global Political Economy, Routledge, Milton Park, 2013.
Course Schedule/Plan1. Understanding the concept of <<global>> economy

2. Global economic integration: the question of time and space

3. Different schools of thought on global economy

4. Causes behind the rising trend in economies of scale

5. Advanced industrial world

6. Emerging economies

7. Poorer countries

8. Diversification of world economic centers

9. The State and the global "political economy"

10. Technological diffusion

11. Global economy and regional economic associations

12. The question of international economic governance

13. - 14. Oral presentations

15. Written examination.