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
- 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


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