Economics (ECON) 401
The Changing Global Economy (Revision 4)
Revision 4 is closed for registrations, replaced by current version
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Delivery Mode: Individualized study online or grouped study
Credits: 3
Area of Study: Social Science
Prerequisite: ECON 247 or ECON 248 or an introductory course in economics.
Precluded Course: ECON 401 may not be taken for credit by students who have obtained credit for ECON 301.
Faculty: Faculty of Business
ECON 401 is not available for challenge.
Overview
At a very general level, economic globalization refers to the integration of world markets and production. What are the key driving forces behind globalization? Are globalizing markets limiting the power of governments and societies to freely choose their futures? How is globalization affecting economic inequality and poverty? Who are the winners and losers in the process? How are the less developed regions of the world affected? What is the role of multinational firms? What economic policies are appropriate for a country like Canada in the emerging, competitive global economy? What economic policies are appropriate for a developing country? These are some of the important issues we will examine.
This course focuses on the economic aspects of globalization but recognizes that political, social, and cultural perspectives are also important. In ECON 401, you will examine the theory, evidence, and policies related to globalization. As a result, you will develop a critical understanding of globalization issues.
Outline
Unit 1: The Meaning of Globalization
Unit 2: Trade and Globalization
Unit 3: Foreign Direct Investment
Unit 4: The Global Monetary System
Unit 5: Globalization and the Less Developed Countries
Unit 6: Globalization and Public Policy
Evaluation
To receive credit for ECON 401, you must achieve a course composite grade of at least a “D” (50 percent) and a grade of at least 50 percent on the final examination. The weighting of the composite grade is as follows:
| Assign 1 | Assign 2 | Assign 3 | Assign 4 | Assign 5 | Final Exam | Total |
|---|---|---|---|---|---|---|
| 10% | 10% | 10% | 10% | 20% | 40% | 100% |
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Note: The final examination for this course must be taken online at an invigilated location. It is your responsibility to ensure a computer with an Internet connection and Internet Explorer 7.0 or higher is available for your use at the invigilation centre.
Course Materials
Textbook
Hill, C. W. L. (2012). International business: Competing in the global marketplace (9th ed.). New York: McGraw-Hill/Irwin.
ISBN: 9780077630799
The textbook is shipped as a shrink-wrapped package that includes an access code for the Connect™ website. If the shrink wrap is broken, the materials are not returnable.
Other materials
All other materials are available online from the course Web site and the Digital Reading Room, a digital solution for course readings and supplementary materials.
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 4, August 14, 2012.
View previous syllabus