- Module code
- Taught during
- Session 1
- Module leader
- Dr Parama Chaudhury
- GPA of around 3.3/4.0 (US) or equivalent
- Assessment method
- Regular (short) quizzes (10%), 10-minute multi-media presentation (25%), 2000-word essay (65%)
This module introduces students to the economics of globalisation.
The module explores reasons why classical economists thought comparative advantage (or differences between countries) was the basis for international trade, when in the past few decades the bulk of international trade has been between very similar countries. The effects of the growing importance of international trade will be studied, with a focus on recent trade agreements and their projected consequences. The second part of the module considers one of the hottest topics in any country – immigration. The causes and effects of migration will be studied and data and policy analysis will be conducted to investigate the immigration regimes of some popular migrant destinations.
Upon successful completion of this module, students will:
- Have an understanding of the reasons why countries trade, and be able to analyse the effects of a particular trading agreement
- Have gained the ability to use economic analysis to address one of the most controversial topics in today’s world: immigration
- Have proficiency in accessing and using of real-world data to answer questions on globalisation
- Have an understanding of how simple intuitive concepts can be used to analyse complicated economic issues
- Have confidence using and producing multimedia resources for economic analysis.
This is a level one module (equivalent to first year undergraduate). Students must have completed one year of undergraduate study. No prior subject knowledge is required for this module, but students are expected to have a keen interest in the area.
Classes (usually three or four hours per day) take place on the Bloomsbury campus from Monday to Friday any time between 9am and 6pm.
- Regular (short) quizzes (10%)
- 10-minute multi-media presentation (25%)
- 2000-word essay (65%)
Prior to UCL, Dr Parama Chaudhury has taught at the University of Oxford, Yale University and Dartmouth College. She received her Ph.D. from New York University and is interested in labour economics and in learning and teaching in higher education, particularly in economics.