ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title GLOBALIZATION, GLOBAL-GOVERNANCE AND THE GLOBAL ECONOMY
Code ULMS543
Coordinator Dr CA Belfrage
Work, Organisation and Management
C.Belfrage@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2022-23 Level 7 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 12

 6

       6

 24
Timetable (if known) 120 mins X 1 totaling 12
  		60 mins X 1 totaling 6
  		      60 mins X 1 totaling 6
  		 
Private Study 120
TOTAL HOURS 144

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Seminar participation. There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment.  0    30       
Group essay. There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment.  0    70       

Aims

To give students a thorough understanding of recent trends in the global economy; the historical, economic, political, social, technological, and cultural processes of globalization; and the institutional architecture of global governance;

To relate theories and concepts to relevant evidence, examples, and case-studies;

To examine the role played by International Civil Society institutions in global governance, including the WTO, the IMF, the World Bank and the United Nations, as well as regional supranational bodies such as the EU;

To examine the impact of the Global Financial Crisis, the growth of the emerging economies, and issues such as financialization, austerity and international economic and financial relations.

Learning Outcomes

(LO1) Students will be able to critically evaluate debates in globalization, global governance and the global economy;

(LO2) Students will be able to analyse and discuss relevant trends in the global economy, including the impact of the global financial crisis and the growth of the emerging economies;

(LO3) Students will be able to apply concepts and theories relating to international political economy, globalization, global governance, and the global economy to relevant evidence;

(LO4) Students will be able to undertake detailed analysis of the institutions of global governance.

(S1) Adaptability and independent scholarship
Developed through seminar preparation and researching for the group essay.

(S2) Problem solving skills
Students will develop their problem solving skills by researching for the group essay.

(S3) Numeracy
Students will develop their numeracy skills through researching for the group essay.

(S4) Commercial awareness
This is integral to the module content.

(S5) Communication skills
Students will develop their communication skills through seminar discussions and group work.

(S6) Organisation skills
Students will develop their organisation skills by ensuring continuous reading and submission of answers to seminar questions and by working in groups to produce a group essay.

(S7) IT skills
Developed through writing and submitting answers to seminar questions and the group essay.

(S8) International awareness
This is integral to the module content.

(S9) Lifelong learning skills
Students will develop research skills, the ability to find, organise and analyse information and apply theory, and group working.

(S10) Ethical awareness
Developed through working with group members.

(S11) Team work
Thriving as part of a diverse team and collaborating, having an inclusive mindset and a fair understanding of their own and their colleagues’ abilities. Developed through working with group members for the final essay.

Teaching and Learning Strategies

2 hour lecture x 6 weeks
2 hour seminar x 6 weeks
1 hour group study x 6 weeks
120 hours self-directed learning

Syllabus
 

Globalization – definitions and debates;

Recent trends in the global economy;

The global financial crisis – causes and effects;

Financialization and international finance;

The IMF, international finance and the international monetary system;

The origins and development of global governance;

The World Trade Organization and international trade;

The World Bank, aid and international development;

International political risk and the global economy: conflict and cooperation;

International political economy: theories and debates.

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.