Globalisation of the World Economy (Nankai) SPS5020

  • Academic Session: 2023-24
  • School: School of Social and Political Sciences
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes

Short Description

This course will examine the nature and development of the globalised economy, including the concept of globalization and the economic theories used to explain its development. Issues to be investigated include the process of globalization in comparative perspective, the variety and diversity inherent in globalisation; the impact on economic performance of various economies in the global system; the participation of various institutions - at both micro-economic and macro-economic levels, the relationships between multinational business and the localities in which they are based and in which they operate.


6 x 3-hour sessions.

Requirements of Entry

Open to postgraduate students only.

Excluded Courses





 This module will be formally assessed by means of:

■ Coursework in the form of a project completed (2,000 - 2,500 words) in a group of around 4 students (50% of grade - all students in the group to be awarded the same grade)

■ A written exam to be convened in class (50% of grade)

Course Aims

The course aims to introduce and develop understanding of the social, political, environmental and cultural dimensions of globalisation, and also analyse the development of globalization and the diverse responses to that development. It introduces and investigates core underlying economic relationships and forces in the globalised economy. It will consider the impact of multinational firms in the global economy, and explore the variety of experience of globalization in the recent past.

Intended Learning Outcomes of Course

After completing the course, students will be able to understand and critically access:


1. The nature, extent, and development of globalisation;


2. Political and economic theories of globalisation and key economic concepts associated with globalisation;


3. The institutions of globalisation;


4. The economic, social, environmental  and cultural impact of globalisation on different parts of the world and the diverse responses to that impact;


5. The nature and role of multinational companies and how they operate in the global economy.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.