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World Economy B

Module Code: ECU44022/ECU44024

Module Title: World Economy B

  • ECTS Weighting: 10/5
  • Semester/Term Taught: Semester 2
  • Contact Hours: 22 hours of lectures and 5 hours of tutorials
  • Module Personnel: Lecturer - Professor Michael King

Module Learning Aims 

The purpose of Part B, Contemporary Topics in the World Economy, is to provide a background to engage with the big topics that characterize the world economy. It covers issues like financial globalization, trade, development strategies, inequality, migration, and climate change. It takes an historical view focusing on the dynamics after World War II. At the end of the course, the student is expected to have a critical and analytical perspective on these topics.

Learning Outcomes

Upon successful completion, students will be able to:

  • Analyse and discuss contemporary topics in the world economy
  • Exhibit knowledge of the relevant policy issues
  • Prepare well-argued  and well-structured written material on the topic of the course.
  • Make effective presentations as part of a team

Module Content

  1. From the Golden Age of Capitalism to Secular Stagnation
  2. Financial Globalization
  3. Financial Crises
  4. The Global Financial Crisis
  5. Euro Crisis
  6. Globalization and Trade
  7. The Development Debate
  8. Inequality and Poverty
  9. Migration
  10. Climate change

Recommended Reading List

There is no specific textbook for this part. A detailed list of journal articles and a few chapters from books will be provided at the beginning of Hilary Term.

Module Pre Requisite

EC2110 & EC2111 Intermediate Economics

Assessment Details

ECU44022 (10 ECTS):

Presentation (15%)
Research proposal (35%)
Final examination (50%)

ECU44024 (5 ECTS):

Presentation (30%)
Final examination (70%)

Module Website