Course Aims:

To provide a largely non-technical introduction to the basic concepts and methods used by economists to understand and explain the features of the world economy today.


Objectives:
By the end of the module, students will have an initial understanding of:

• The principal features of the world economy as it exists today and as it has evolved over time
• The ways in which the basic principles of economic analysis have been applied in the fields of economic growth, international trade and international finance
• Themes and debates in contemporary discussion of international economic affairs, with particular reference to the impact of emerging economies

They will have gained experience in:

• The use of diagrams and tables in the explanation of economic ideas;
• The use of basic writing skills in the presentation of economic discussion and debate.

Recommended Reading:

Krugman, P. R., & Obstfeld, M., (2006), International economics: Theory and policy, Pearson International Edition

Miles, D & Scott, A., (2005), Macroeconomics: Understanding the wealth of nations, Chichester: Wiley