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     Credit exemptions  Finances
    ECON A836F
    Globalization and Economic Development
    ECON A836F
    Globalization and Economic Development

    Course Coordinator: Dr Terence Shum, BSc (Essex), MSc (LSE), MSocSc, PhD (CityUHK)

    Important notes
    This course will be taught via face-to-face mode commencing in January 2020. Lectures will be scheduled on weekday evenings. This is a core course for the Master of Social Sciences in International Economics and Development.

    This course aims to study the causes and consequences of globalization from an economic perspective, and examine how the world is integrated through trade and financial transactions. It discusses the patterns of international trade, why nations trade, what they trade, and the consequences of trade. Then, the course goes on to analyse the determinants and the implementations of different trade and investment policies, the motives for countries to restrict international trade, and the welfare implications of those trade policies. This course also examines a couple of other topics as they relate to the developing world: primary education, and public accountability. Real world issues and policies pertaining to globalization will be discussed throughout the course, including the effects of trade on economic growth and income inequality, multinationals, foreign direct investment, the WTO, IMF and different exchange rate regimes.

    The course covers the following topics:

    • Globalization: concepts and theories

    • Economic globalization

    • The instruments of trade policy

    • The political economy of trade policy

    • Trade policy in developing countries

    • The impact of population, education, and health on economic development

    • Foreign debt and foreign aid

    • Current international and development issues and selected topics in development economics

    Contact hours
    Normally three hours per week.

    There will be one assignment, one midterm test and one term paper which are worth 15%, 15% and 10% of the course score respectively, while the final examination will account for the remaining 60% of the total course score. Students are required to submit assignments via the Online Learning Environment (OLE).

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