23580 The Global Economy (Capstone)6cp
Requisite(s): (23567 Intermediate Microeconomics OR 25567 Intermediate Microeconomics)) AND ((23568 Intermediate Macroeconomics OR 25568 Intermediate Macroeconomics)
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 25580 The Global Economy (Capstone)
This capstone subject outlines an economic perspective on contemporary globalisation. This is done by considering trade theory and open economy macroeconomics, by internationalising concepts that apply equally within economies and by considering perspectives on globalisation. It emphasises contemporary debates related to the global mobility of capital, trade and labour. The subject focuses on policy solutions for global challenges, such as poverty and environmental degradation, and on understanding the worldview of the advocates of particular policy solutions. Students are guided to their own reflective conclusions about the applicability and limitations of mainstream economic analysis.
Detailed subject description.