Globalisation

lppe1305  2020-2021  Louvain-la-Neuve

Globalisation
Due to the COVID-19 crisis, the information below is subject to change, in particular that concerning the teaching mode (presential, distance or in a comodal or hybrid format).
5 credits
30.0 h
Q1

  This learning unit is not being organized during year 2020-2021.

Language
English
Prerequisites

The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Main themes
The first part of the class will discuss the essential theoretical tools necessary to understand the phenomenon of globalization. We will explain the key reasons why goods and factors of production flow across borders and establish the empirical relevance of different theories. The second part of the class will apply the tools developed in the first part to discuss the consequences of globalization on different dimensions, such as inequality within and across countries, growth, and development. We will also discuss the measurement of the gains and losses from globalization, as well as key issues in trade and migration policy.
Aims

At the end of this learning unit, the student is able to :

1 At the end of the class, students should have a solid understanding of the phenomenon of globalization, notably the patterns of multilevel governance, public regulation, international trade, investment and migration, as well as their determinants. Students will acquire the conceptual background to analyse the consequences of globalization on governance (e.g. political), economic growth, inequality, employment or development, and grasp the main debates linked to trade policy and deep trade agreements. In particular, students should gain the methodological background to evaluate different aspects of globalization both qualitatively and quantitatively, and master the necessary toolkit to critically assess the benefits and pitfalls of globalization.
 
Content
The first part of the class will cover a wide array of theoretical concepts such as comparative advantage, increasing returns to scale, basic theories of international macroeconomics, and migration. The second part will apply these concepts to a set of issues as described above.
Teaching methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

Lectures, homeworks and tutorials.
Evaluation methods

Due to the COVID-19 crisis, the information in this section is particularly likely to change.

Homeworks and written exams.
Bibliography
  • Krugman, Melitz, Obstfeld, International Economics: Theory and policy, Pearson.
Faculty or entity
ESPO


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Bachelor in Philosophy, Politics and Economics