Economics: Economics of Globalization

An examination of the dimensions, causes and consequences of the international flows of goods and services (trade), people (migration), and financial capital. Credit not awarded for both ECON 1130 and versions of the course offered as ECON 1010 to 1029.

Open to degree and PACE students

The Economics of Globalization is an introduction to four main facets of international interdependence: international trade, international finance, international migration, and cross-border effects of carbon emissions. In each case there is an introduction to basic concepts and tools from economic theory that are used to analyze these topics, and a survey of the empirical evidence that informs understanding of some of the most important questions. There is a required textbook. Additional readings on each topic are on the course webpage. The readings are excerpts from books, academic articles, and journalistic pieces. Goals are as follows: 1. Students will develop a basic understanding of the economic analysis of international trade, finance, migration and climate change. 2. Students will have a grasp of the key questions and empirical evidence on each of the topics.

Attendance and note-taking are crucial. Come to class having completed the assigned readings so that you can participate in class discussion. Students should expect to spend about 6-8 hours per week outside of class completing readings and homework.

There are several (4-6) equally-weighted homework assignments. There are three exams. Grades are based upon performance on homework assignments and exams.