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 does globalization affect the less-developed regions of the world? 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 in this course.
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: Issues and Challenges Surrounding Globalization
Evaluation
Your final mark in ECON 401 will be determined by your marks on three written assignments and a final examination. To receive credit for this course, you must achieve a minimum grade of 50 percent on the final examination and an overall grade of D (50 percent) for the entire course.
Activity
Weight
Complete by
Assignment 1
15%
after Unit 2
Assignment 2
15%
after Unit 5
Assignment 3
20%
after Unit 5
Final Examination
50%
after Assignment 3
Total
100%
The final examination for this course must be taken online with an AU-approved exam invigilator at an approved invigilation centre. It is your responsibility to ensure your chosen invigilation centre can accommodate online exams. For a list of invigilators who can accommodate online exams, visit the Exam Invigilation Network.
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Materials
Hill, C. W. L., & Hult, G. T. M. (2019). International business: Competing in the global marketplace (12th ed.). McGraw-Hill Education. (eText)
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 7, January 14, 2020
Updated July 15, 2021, by Student & Academic Services