Course Syllabus

Globalization and European Economies D

 Course Description

Globalization has been reshaping the world for many years now. What can economics say about the new (and old) consequences of globalization? In this course, we study the forces behind globalization. A special focus will be on Europe and the EU, the Euro, global competitiveness, the financial crisis and the present economic outlook. We will examine consequences of economic integration and barriers of markets in goods, factors of production, and financial flows and the impacts of increased interdependence in these markets for economic policy decisions in Europe and the world.

We will ask and discuss questions such as whether globalization promotes economic growth, how income distribution is affected, winners and losers of globalization, if free capital flows undermine macroeconomic stability and how government institutions should or could adjust their powers and responsibilities.

We will go on study tours in Denmark and abroad and gain real-life perspectives from experts to the theories. The study tours will provide ample room for reflection outside of class rooms on the topics and theories studied in class. The course also includes guest lectures and relevant study visits

Learning Objectives

After completing this course, students should be able to:

• To explain and discuss the forces driving international trade and (de-)globalization
• Understand key aspects of European Integration and the institutions of the European Union.
• Discuss the pros and cons of associated with advancing European integration
• Understand and evaluate the special circumstances relevant to Eastern European countries.
• Understands the basics of export finance principles. 
• Apply economic theory to evaluate a country's risk long-term risk.

We encourage you to assume responsibility for your learning. Your teachers make an offer, but how much you will get out of it, depends on you. 

Faculty

Amanda Lapadat-Nordström

Masters International Business (Queen's University Canada, 2010). Expertise in Trade and FDI, International Business Development, SME advisory, Strategic Communications.

Consultant and Co-Founder, Do Business Nordic, 2020-Present. Commercial Manager Sweden, MG Real Estate, 2020-2022. FDI Advisor, Invest in Skåne, 2017-2020. Trade Advisor, The Trade Council, Ministry of Foreign Affairs Denmark in Canada, 2013-2017. Trade Journalist, Global Business Reports, 2011-2013. Strategic Communications Consultant, Kreab Worldwide London, 2010-2011. Global Programs, Blackberry, 2007-2009.

With DIS since 2023.

Course Requirements

This is an upper level economics class and requires that you have taken one semester each of micro- and macroeconomics at university level. Additionally, you must have taken one course in either intermediate or advanced macroeconomics.

Grading

Readings:

Key reference books:

• Primary: Globalisation and the International Economy, by Michael Hedegaard, Holger Sandte and David Rowe, 2nd edition, 2025 (digital and physical copies available)
• Secondary: The Economics of European Integration, by Richard Baldwin and Charles Wyplosz 6^th edition, 2020

Given the topic’s rapid development and to keep discussions as relevant as possible, articles, papers, blogs, videos etc. will be uploaded as supplementary information sources.

Academic Regulations  

Please make sure to read the Academic Regulations on the DIS website. There you will find regulations on: 

• Course Enrollment and Grading  
• Academic Expectations and Honor Code 

DIS - Study Abroad in Scandinavia - www.DISabroad.org