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 2023-24 M Level 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 10

 10

       5

 25
Timetable (if known)              
Private Study 125
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Examination. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment.  2    100       
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             

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 independent readings ahead of seminars and in preparation for exam.

(S2) Problem solving skills
Students will hone their problem solving skills as an element of the development of critical thinking skills to be tested in the exam and formatively in seminar discussions.

(S3) Numeracy
Students will develop their numeracy skills through independent reading and through in-seminar discussions.

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

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

(S6) Organisation skills
Students will develop their organisation skills by ensuring continuous reading and preparing answers to seminar questions.

(S7) IT skills
Developed through preparing answers to seminar questions.

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

(S9) Lifelong learning skills
Students will develop critical thinking skills as well as research skills, the ability to find, organise and analyse information and apply theory.

(S10) Ethical awareness
Developed through the application of critical reading skills in preparation for seminars and the exam as well as critical argumentation skills in in-seminar discussions.

(S11) Team work
Developed through respectful, but critical discussions in in-seminar group work and discussions, supporting the development of an inclusive mindset and a fair understanding of their own and their colleagues’ abilities.

Teaching and Learning Strategies

2 hour lecture x 5 weeks
2 hour seminar x 5 weeks
1 hour asynchronous learning x 5 weeks
125 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.