ECON1005 - The World Economy

Term 1 or 2



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.
Taught by:
 Parama Chaudhury
Assessment: This is a one-term module comprising of 10 2-hour lectures, and 4 tutorial classes in which two pieces of written work are to be submitted during the course of the module. Assessment is by a two-hour unseen written examination in Term 3. Affiliate students leaving in December will take a 2-hour written examination set up by the Department at the end of Term 1.
Suitable for:
  • First year students in Economics and related subjects may take this module either in Term 1 or Term 2. To do so select either ECON1005A (for Term 1) or ECON1005B (for Term 2) on Portico.
  • Undergraduate students from other degree programmes- places are allocated on a first-come, first-served basis and are subjected to available places subsequent to the selections of the Economics students. If you are rejected from ECON1005A, you are welcome to try again and re-select ECON1005B.
Prerequisites: No previous knowledge of economics is necessary.
Moodle page:
 ECON1005