This course is only available for students in the BA International Studies programme.
Limited places are also open for exchange students.
Please note: this course takes place in The Hague. Traveling between University buildings from Leiden to The Hague may take about 45 minutes.
This course surveys leading theoretical and methodological approaches to the analysis of the world economy and uses these to develop global and comparative perspectives on a variety of substantive themes. Themes addressed in this course include the development of the world economy, theories of economic globalization and development, the dynamics and effects of world trade, international competitiveness, relations between high and low-income zones of the world economy, marketization and state transformation, international finance and financial institutions, economic crises, multinational firm structure and strategy, global inequality and welfare, international migration, global labour and social policy, and economic aspects of the global environmental crisis.
This course develops students’ understanding of the world economy and leading approaches to its study. Students will gain an understanding of key problems in the world economy and familiarity with the theories and methods analysts use to understand and explain the world economy’s development, dynamics, and effects. Students will demonstrate an ability to apply ideas and methods to investigate a variety of substantive themes, from trade, global economic governance, and financialization, to the manner in which economic globalization shapes state-society relations, work and labour markets, and welfare and inequality across countries. Overall, the course will enhance students’ abilities to address economic themes comparatively and from a global perspective.
The timetable is available on the BA International Studies website.
Mode of instruction
Lectures are held every week, with the exception of the midterm exam week. Weekly lectures will cover issues both inside and outside the readings.
Tutorials are held once every three weeks, with the exception of the midterm exam week. Attending all tutorial sessions is compulsory. If you are unable to attend a session, please inform your tutor in advance. Being absent at more than one of the tutorial sessions will result in a lowering of your tutorial grade (30% of the end grade) with 1 point for each session missed after the first session. Please note that being absent at any tutorial session may have a negative impact on the grade of the assignment due for that particular tutorial session. This is at the discretion of the tutor.
Total course load for this course is 5 EC (1 EC = 28 hours), which equals 140 hours, broken down by:
Attending lectures: 24 hours
Attending tutorials: 8 hours
Assessment hours (exams): 4 hours
Study of compulsory literature (approximately 7 pages / hour): 40 hours
Completing assignments, preparing for classes and exams: 64 hours
Midterm Exam: Written examination with: 25 multiple choice questions (50%); four single-paragraph-length short answer questions (20%); one essay question (30%).
Final Exam: Written examination with: 25 multiple choice questions (50%); four single-paragraph-length short answer questions (20%); one essay question (30%).
To successfully complete the course, please take note of the following:
The end grade of the course is established by determining the weighted average of Tutorial grade, Midterm Exam grade, and Final Exam grade.
The weighted average of the Midterm Exam grade and the Final Exam grade needs to be 5.5 or higher.
This means that failing Exam grades cannot be compensated with a high Tutorial grade.
If the end grade is insufficient (lower than a 6.0), or the weighted average of Midterm- and Final Exams is lower than 5.5, there is a possibility of retaking the full 70% of the exam material, replacing both the earlier Midterm- and Final Exam grades. No resit for the tutorial is possible.
Please note that if the Resit Exam grade is lower than 5.5, you will not pass the course, regardless of the tutorial grade.
Retaking a passing grade
Please consult the Course and Examination Regulations 2018 – 2019.
How and when an exam review takes place will be determined by the examiner. This review will be within 30 days after official publication of exam results.
The readings for this course will include a mix of texts drawn from academic texts, scholarly articles and books, technical and policy documents, and popular and business press. An example of a possible text is Ravenhill, J. ed., Global political economy. 2017, Oxford University Press. There will be many other texts, as indicated above, to be specified later through Blackboard or in class.
Enrolment through uSis for Tutorials and Lectures is mandatory.
Students will be enrolled for Exams by the Administration Office, as long as they have a valid Tutorial enrolment.
Registration Studeren à la carte and Contractonderwijs
When contacting lecturers or tutors, please include your full name, student number, and tutorial group number.