Course Syllabus
Globalization and European Economies C |
Semester & Location: |
Fall 2023 - DIS Copenhagen |
Type & Credits: |
Core Course - 3 credits |
Core Course Study Tours: |
North Denmark, Sweden & Ireland |
Major Disciplines: |
Economics, Finance, International Relations |
Prerequisite: |
One course in intermediate or advanced micro- or macroeconomics at university level. |
Faculty Members: |
Adrian Mongan- current students use canvas inbox. |
Time & Place: |
Mondays & Thursdays, 8:30-9:50 - Classroom: F24-503 |
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 expert panel discussions.
Learning Objectives
At the end of this course you should be able to:
- Reflect and think critically about globalization, the factors driving this process and consequences of globalization
- Analyze and compare how companies, countries and sectors compete and position themselves in a globalized world
- Apply international trade theory to analyze and interpret global economics
- Analyze and reflect on optimal currency areas, European integration and the Euro
- Analyze and reflect on international investments, international capital flows and financial crisis
- Apply relevant micro and macro-economic theory and models to synthesize the main and diverse elements making up global economics and current economic policies
- Analyze and reflect on how modern monetary policies impact financial flows, currencies and global economies
- Evaluate different views on the process of globalization, European and global economics, the Euro and be able to argue and defend a position on a number of key issues debated in current news
- Apply knowledge gained and work in a structured way with a research question
Faculty
Adrian Owen Mongan, Master's in Economics (International Macroeconomics), UW Madison, Wisconsin. Master's in Economics (International Trade), University College Dublin, Ireland. Worked in multinational conglomerates for over 10 years with roles as company macroeconomist, strategy director, and in strategic communication. Experienced university lecturer in international trade, macroeconomics, and microeconomics. With DIS since 2019.
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
2 x Presentations (Assignment 2 & 4) |
20% |
2 x Quiz (Assignment 1 & 7) |
20% |
2 x Participation (Assignment 3 & 5) |
30% |
Strategy Project (Assignment 6) |
30% |
Readings:
Key reference books:
- Globalisation and the International Economy, by Michael Hedegaard 1st edition, 2018
- The Economics of European Integration, by Richard Baldwin and Charles Wyplosz 6th edition, 2020
Others:
- Politics_and_trade__lessons_from_past_globalisations_(English)[1].pdf Download Politics_and_trade__lessons_from_past_globalisations_(English)[1].pdf
- Bordo_Globalization in Historical Perspective.pdf Download Bordo_Globalization in Historical Perspective.pdf
- 06 Richard Baldwin Globalisation - the great unbundling(s).pdf Download 06 Richard Baldwin Globalisation - the great unbundling(s).pdf
- Andersen and Svarrer Labour market perfomance in Denmark(1).pdf Download Andersen and Svarrer Labour market perfomance in Denmark(1).pdf
- The European Union: A Failed Experiment.pdf Download The European Union: A Failed Experiment.pdf
- Is Project Europe Doomed?.pdf Download Is Project Europe Doomed?.pdf
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:
DIS - Study Abroad in Scandinavia - www.DISabroad.org
Course Summary:
Date | Details | Due |
---|---|---|
Sun Aug 20, 2023 | Calendar Event Part One: Introduction & Globalization | 12am |
Thu Aug 24, 2023 | Calendar Event Class 1: Introduction to the class | 8:30am to 9:50am |
Mon Aug 28, 2023 | Calendar Event Class 2: Course Road Map | 8:30am to 9:50am |
Wed Aug 30, 2023 | Calendar Event Team Building Event - Champions League Night | 7pm to 11pm |
Thu Aug 31, 2023 | Calendar Event Class 3: The history of Globalization | 8:30am to 9:50am |
Mon Sep 4, 2023 | Calendar Event Class 4: Globalization: Trends & Disruptions | 8:30am to 9:50am |
Wed Sep 6, 2023 | Calendar Event BONUS ONLINE EVENT: NORDEA ECONOMIC OUTLOOK | 12am to 12:30pm |
Thu Sep 7, 2023 | Calendar Event Class 5: Globalization Quiz | 8:30am to 9am |
Calendar Event Class 6: CCW Preparation & Discussion of Pre-read | 9:20am to 9:50am | |
Assignment Assignment 1: Globalization quiz (INDIVIDUAL) | due by 11:59pm | |
Sun Sep 10, 2023 | Calendar Event Part Two: Core Course Week: Danish Economy & Culture | 12am |
Mon Sep 11, 2023 | Calendar Event CCW Academic: AP Moller Maersk | 8:30am to 9:30am |
Calendar Event CCW Academic: Central Bank of Denmark | 10am to 12pm | |
Tue Sep 12, 2023 | Calendar Event Local Sustainable Experience: Volunteer at Øen's Have | 10am to 1:30pm |
Wed Sep 13, 2023 | Calendar Event Group Work on CCW Preparation | 10am to 12pm |
Assignment Assignment 2: CCW Presentations (GROUP) | due by 12pm | |
Calendar Event Individual Preparation Time for CCW | 2pm to 4pm | |
Thu Sep 14, 2023 | Calendar Event Core Course Week Travel | 12am to 8am |
Mon Sep 18, 2023 | Assignment Reflection from CCW (200 words) | due by 11:59pm |
Tue Sep 19, 2023 | Assignment Assignment 3: Participation (Up to and including CCW) | due by 11:59pm |
Thu Sep 21, 2023 | Calendar Event Part Three: LST & Strategy Project | 12am |
Calendar Event Class 7: Introduction to the Strategy Project | 8am to 9am | |
Mon Sep 25, 2023 | Calendar Event Class 8: Planning for the Future | 8:30am to 9:50am |
Thu Sep 28, 2023 | Calendar Event Class 9: Latest developments in Europe & Preparation for LST | 8:30am to 9:50am |
Mon Oct 2, 2023 | Assignment Assignment 4: LST presentations | due by 8am |
Calendar Event Class 10: Presentations on LST Academic Visits | 8:30am to 9:50am | |
Thu Oct 5, 2023 | Calendar Event Class 11: Long Study Takeoff | 8:30am to 9:50am |
Sun Oct 8, 2023 | Calendar Event Long Study Tour | 12am to Oct 14 at 12am |
Mon Oct 16, 2023 | Calendar Event Class 12: LST Debrief | 8:30am to 9:50am |
Thu Oct 19, 2023 | Calendar Event Class 13: Discussions with each Group | 8:15am to 9:50am |
Assignment Assignment 5: Participation (Up to and including LST) | due by 11:59pm | |
Assignment Reflection from LST (200 words) | due by 11:59pm | |
Mon Oct 30, 2023 | Calendar Event Office Hours - Strategy Project | 8:45am to 9:30am |
Wed Nov 1, 2023 | Calendar Event Field Study 1: Irish History Night | 6pm to 9pm |
Thu Nov 2, 2023 | Calendar Event Office Hours - Strategy Project | 8:30am to 9:30am |
Sun Nov 5, 2023 | Calendar Event Long Tour Week 2 | 12am to Nov 12 at 12am |
Mon Nov 13, 2023 | Calendar Event Class 16: The Macroeconomics of Monetary Integration | 8:30am to 9:50am |
Mon Nov 20, 2023 | Calendar Event Class 17: EU Monetary and Fiscal Policies | 8:30am to 9:50am |
Wed Nov 22, 2023 | Calendar Event Break | 12am to Nov 27 at 12am |
Mon Nov 27, 2023 | Calendar Event Class 14: Stakeholder Management | 8:30am to 9:50am |
Thu Nov 30, 2023 | Calendar Event Class 18: European Union Exam (Virtual) | 8:30am to 9:15am |
Assignment Assignment 7: Exam on Baldwin & Wyplosz Chapters (13-19) | due by 9:30am | |
Sun Dec 3, 2023 | Assignment Assignment 6: Presentation on Strategy Project | due by 11:59pm |
Mon Dec 4, 2023 | Calendar Event Class 15: Presentation on Strategy Project | 8:30am to 9:50am |
Wed Dec 6, 2023 | Assignment Assignment 6: Strategy Project document | due by 2:59pm |
Calendar Event Field Trip 2: Home of Carlsberg Copenhagen | 3:15pm to 5:45pm | |
Calendar Event Class Social: A final taste of Denmark & Ireland | 6pm to 9pm | |
Assignment CVS | ||
Assignment Roll Call Attendance |