Identifying Data 2024/25
Subject (*) Economics of Globalization Code 710G05003
Study programme
Grao en Relacións Internacionais
Descriptors Cycle Period Year Type Credits
Graduate 1st four-month period
First Basic training 6
Language
English
Teaching method Face-to-face
Prerequisites
Department Economía
Coordinador
Nuñez Gamallo, Ramon Jose
E-mail
ramon.nunez.gamallo@udc.es
Lecturers
Nuñez Gamallo, Ramon Jose
E-mail
ramon.nunez.gamallo@udc.es
Web http://secretaria.uvigo.gal/docnet-nuevo/guia_docent/?centre=108&ensenyament=O08G440V01
General description A Globalización é un fenómeno que se basea no constante aumento das interconexións económicas, sociais e tecnolóxicas entre as diferentes nacións do mundo. Unha cuestión fundamental é o vínculo de interdependencia entre os diferentes países ou rexións.
Un mundo máis interconectado ten un maior impacto na produción, o comercio internacional, o
investimento estranxeiro, o crecemento económico e os mercados laborais: o comercio de bens e servizos, os fluxos financeiros, os procesos migratorios incrementáronse enormemente no últimas cinco décadas cunha profunda influencia nas relacións internacionais.
Como consecuencia, por unha banda, os asuntos nacionais están a desvanecerse e é difícil separar as
actividades económicas internas das externas. Doutra banda, como reacción, as ideas nacionalistas han ido xurdindo ao longo do tempo.
A globalización é, por tanto, unha idea complexa que involucra economía, política, cuestións sociais,
tecnoloxía e está impulsada pola converxencia de sistemas culturais e económico. Ademais, outro resultado é a desigualdade mundial que está a orixinar o proceso de globalización.

Competencies / Study results
Code Study programme competences / results
A4 CE4 - To understand the general theoretical foundations of economics and international economic structure.
A5 CE5 - To understand and analyze globalization processes, relocation dynamics and alternative strategies.
A10 CE10 - To acquire knowledge of the techniques, working methods and analysis of the humanities, social and legal sciences.
A11 CE11 - To analyze the political, social and economic reality in the framework of international development cooperation.
B1 CB1 - To demonstrate that students demonstrate knowledge and understanding in an area of ??study that is part of the foundation of general secondary education, and is usually found at a level that, although supported by advanced textbooks, also includes some aspects involving knowledge from avant-garde of his field of study.
B6 CG1 - To appreciate diversity and multiculturalism.
B7 CG2 - To acquire the ability to work in an international context.
C4 CT4 - To develop for the exercise of a citizenship respectful with the democratic culture, the human rights and the perspective of gender, in the distinct fields of knowledge and in the professional practice, with the aim to achieve a more just and egalitarian society.
C8 CT8 - To assess the importance of research, innovation and technological development in the socio-economic and cultural advancement of society.

Learning aims
Learning outcomes Study programme competences / results
Entender o fenómeno da globalización así como das súas potencialidades e riscos para o desenvolvemento económico. A4
A5
A10
A11
B1
B6
B7
C4
C8
Coñecer e valorar o papel das institucións económicas internacionais encargadas de xestionar as relacións económicas internacionais e os seus retos futuros. A4
A5
A10
A11
B1
B6
B7
C4
C8
Coñecer as fontes de información económica e estatística relevante sobre os fluxos comerciais e financeiros. A4
A5
A10
A11
B1
B6
B7
C4
C8
Ser fluido tanto oralmente como por escrito utilizando la terminología económica adecuada. A4
A5
A10
A11
B1
B6
B7
C4
C8
Identificar as fortalezas e debilidades da economía mundial e expresar o seu punto de vista nos principais debates actuais sobre a globalización e as tendencias da economía mundial. A4
A5
A10
A11
B1
B6
B7
C4
C8

Contents
Topic Sub-topic
Topic 1. A toolkit for understanding the economy.
Topic 2. An approach to the different definitions of globalisation.
Topic 3. Economic growth and the process of globalisation after the Second World War.
Topic 4. Liberalisation of trade and financial flows. The role of International Institutions and Organisations.
Topic 5. Different perspectives of globalisation. Positive vs. negative effects.
Topic 6. Globalisation and its discontent.
Topic 7. Trade flows and globalisation. International value chains.
Topic 8. Multinational companies and foreign direct investment flows. Effects on development.
Topic 9. The impacts of globalisation on relations between developed and less developed countries.
Topic 10. The experience of the OECD countries, the BRICs. The losers in the globalisation process.

Planning
Methodologies / tests Competencies / Results Teaching hours (in-person & virtual) Student’s personal work hours Total hours
Introductory activities A2 B1 2 0 2
Guest lecture / keynote speech A4 A5 14 26 40
Seminar A10 A11 B6 8 0 8
Problem solving B7 B1 C4 C8 18.5 51.5 70
Mixed objective/subjective test A5 A7 A8 C4 C6 10 15 25
 
Personalized attention 5 0 5
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Introductory activities Introduction to the subject in which the teacher explains to the students the development of the programme, the basic
the basic tools to measure economic activity, the statistical sources to be used during the course as well as the
be used during the course as well as the recommended readings and the requirements for continuous assessment.
Guest lecture / keynote speech An expository method will be used in order to provide students with adequate information on the fundamental knowledge related to the different topics.
on the fundamental knowledge related to the different topics.
Seminar There will be different activities that require the active participation of the students. At students' capacity for analysis and reasoning will be assessed, going deeper into the contents of the subject.
As for the specific work of the students, short-answer questions will be posed.
In addition, there will be short-answer questions to assess both the level of learning achieved and the capacity for synthesis; In addition, there will be extended-response questions related to aspects of the subject, usually with reference to a text normally with reference to a text, a graph, a news item, etc. and, where appropriate, there may also be multiple-choice questions.
There may also be multiple-choice questions.
Problem solving Theoretical or practical questions to be solved by the students, which may be posed in the context of the lectures, in the seminars or as personal work by the students. Likewise, the results of the resolution of the theoretical or practical problems posed will be delivered in digital format, via the virtual campus, e-mail or any other system indicated by the lecturer.
Mixed objective/subjective test Written test on the theoretical and practical knowledge acquired on globalisation and the economic processes caused by economic globalisation.

Personalized attention
Methodologies
Guest lecture / keynote speech
Seminar
Problem solving
Description
Individual attention will be given to students who have questions in the seminars. Students will also be able to
will also be able to solve their doubts with the practical exercises done in the seminars in face-to-face tutorials (when possible), by e-mail or by videoconference (Teams). The face-to-face or videoconference tutorials will be done by appointment through Teams or via the teacher's e-mail address.

Assessment
Methodologies Competencies / Results Description Qualification
Seminar A10 A11 B6 Activities carried out during the course. This section includes participation in classes and practical activities developed and presented by the student during the course.
presented by the student during the course. These activities will consist of tests such as essays, presentations or text commentaries.
20
Mixed objective/subjective test A5 A7 A8 C4 C6 Written exam to test the knowledge and skills acquired in the course.
To be taken during the examination period. To a minimum of 4 points out of 10 in the final exam is required to pass the subject.
40
Problem solving B7 B1 C4 C8 Problem solving and analysis of the global economy. Consists of multiple-choice tests and interpretation of graphs or tables. 40
 
Assessment comments
A) CONTINUOUS ASSESSMENT:
By default, students will be assessed under the continuous assessment methodology. In order to pass the subject, it is necessary to
obtain a minimum of 5 points out of 10 (final mark) and a minimum of 4 points out of 10 in the final exam. For students
whose mark in the final exam is lower than 4 points, the final mark will be that of continuous assessment.
B) NON-CONTINUOUS ASSESSMENT:
Students may opt for a Global Assessment in which they will be assessed by means of a final exam that allows them to
100% of the maximum mark (global assessment). If you choose the latter option, to be assessed only by the final exam,
you must communicate this in writing to the teachers of the subject in the period from 11 September to 11 October.
C) SECOND OPTION AND FINAL EXAM:
Final exam which will be worth 100% of the mark.

Sources of information
Basic
Bibliografía Básica

Krugman, P., Obstfeld, M., & Melitz, M., International Economics: Theory and Policy, 2017
Livesey, F., From global to local: The making of things and the end of globalization, Vintage, 2018
Schenk, C. R., International economic relations since 1945, Routledge, 2021
Stiglitz, J. E., Globalization and its discontents revisited: Anti-globalization in the era of Trump., WW Norton &
Company, 2017
Sachs, J. D., The ages of globalization. In The Ages of Globalization., Columbia University Press, 2020
Rodrik, D., The globalization paradox: Democracy and the future of the world economy., WW Norton &
Company, 2011
Páxina 12 de 67
Steger, M. B., Globalization: A very short introduction, 86, Oxford University Press.,
Roberts, A., & LampN., Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters., Harvard
University Press., 2021


Bibliografía complementaria

UN, New globalization report,
IMF, Globalization: A Brief Overview,
IMF, Finance and Development Magazine, Sept 2012 issue: The Global Village,
World Bank website,
EUROSTAT website,
OECD website,
UNCTAD website,
Complementary

Bibliografía complementaria

UN, New globalization report,

IMF, Globalization: A Brief Overview,

IMF, Finance and Development Magazine, Sept 2012 issue: The Global Village,

World Bank website,

EUROSTAT website,

OECD website,

UNCTAD website,


Recommendations
Subjects that it is recommended to have taken before

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments
Class attendance and the resolution of doubts in individual tutorials in person, by email or by videoconference (Teams) is recommended. The face-to-face or videoconference tutorials will be arranged by prior appointment through Teams or the teacher's email.


(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.