The aim of this course is to develop a critical perspective on issues of international economics. To that end, the course covers the following topics: the international economy and globalization, international trade, international finance, Foreign Direct Investment and Transnational Corporations, and transnational migrations.



Competencies

To be able to search reliable information about international economics on the library and the internet.

To be able to search and analyse data on issues related to the international economy: trade, finance, Foreign Direct Investment and transnational migrations.

To be able to understand the link between globalization and local processes.

To be able to evaluate critically the impact of globalization on both, individuals and societies.

To be able to write and present a short essay on an international economy topic.

Chapter 1. An introduction to International Economics



A political economy approach to study International Economics

Origin and development of the international economy

Contemporary world economy: globalization

Globalization and the State

International classifications and country groups



Chapter 2. International Trade Relations



International trade theory and policy

Structure and evolution of international trade

International trade institutions: from GATT to WTO

Regional trade agreements



Chapter 3. International Finance



Currencies and the international monetary system

International monetary and financial systems: Characteristics and evolution

A critical evaluation of exchange rate systems

Global financial crises



Chapter 4. Transnational Capital



Transnational capital: Concepts, trends and geographical location

Transnational corporations (TNCs) and global value chains

The effects of TNCs on States



Chapter 5. International Migrations



Migration is global

Migration as a social phenomenon

The effects of migration in home and host societies



Chapter 6. Contemporary debates on international economics

The ecological limits of the international economic order

The international economic order and inequality

Regulating the international economic order: Neoliberalism and its alternatives



(See the Students Guide for further details)

The methodology combines theory, exercises and a short essay.

The teacher is responsible for the theoretical explanations, which will be explained in lectures.

Students will do exercises in practical and computer classes, supervised by the teacher. The exercises will be corrected and discussed in class to guarantee feedback and to support the learning process.

Students will have to do a short essay about a topic of international economics using bibliography and appropriate data; it will be a team work.

(See the Students Guide for further details)

The evaluation in the ordinary summons will be continuous and it will consist of:

• Practical tasks (individual): 20%

• Practical tasks (collective): 20%

• Exam: 60%

Although the evaluation system is continuous, students hold the right to a final exam. For those students that have a final evaluation, it will consist on:

- Practical tasks: 40%

Tasks will cover the practical part of the course and they will be available in Egela. They have to be delivered on the exam day

- Exam: 60%.

(See the students’ guide for further details)



In case the health situation does not allow the final test to be performed in person, the evaluation procedure specified in the Student Guide will be activated.

All the materials needed will be provided in Egela

Dicken, P. (2007). Global shift: Mapping the changing contours of the world economy. SAGE Publications Ltd.
Hill, Charles W. L. (2018), Global business today, 10th edition. MacGraw-Hill.
Oatley, T. (2015). International political economy. Routledge.
Ravenhill, J. (2017). Global political economy. Oxford University Press.

Bibliografía básica

All the materials needed will be provided in Egela



Dicken, P. (2007). Global shift: Mapping the changing contours of the world economy. SAGE Publications Ltd.

Hill, Charles W. L. (2018), Global business today, 10th edition. MacGraw-Hill.

Oatley, T. (2015). International political economy. Routledge.

Ravenhill, J. (2017). Global political economy. Oxford University Press.

Bibliografía de profundización

Dicken, P. (2007). Global shift: Mapping the changing contours of the world economy. SAGE Publications Ltd.
Hill, Charles W. L. (2018), Global business today, 10th edition. MacGraw-Hill.
Oatley, T. (2015). International political economy. Routledge.
Ravenhill, J. (2017). Global political economy. Oxford University Press.

Revistas

Revista de Economía Mundial. http://www.sem-wes.org/seccion.php?menu=15&idsec=15- -Revista de Economía Crítica. http://revistaeconomiacritica.org
Revista Lan Harremanak. http://www.lan-harremanak.ehu.es/p231-content/es/contenidos/informacion/rrll_revista/es_revista/indice.html
Cuadernos de Hegoa. http://publ.hegoa.efaber.net/categories/2
Información Comercial Española. http://www.revistasice.com/es-ES/Paginas/default.aspx
Estudios de Economía Aplicada: www.revista-eea.net