Modulets indhold, forløb og pædagogik

The module covers topics of Development Economics and Geopolitical Economy.

The aim of this module is to introduce students to different paradigms in development economics as well as to practical issues in current development policy. At the same time, Geopolitical Economy topics are discussed also in light of the Economic Development and Development economics arguments and experiences

This module builds on insights from modules such as Macroeconomics IV and International Economics. The first half of the module will mainly focus on Development Economics topics while the second will be devoted more on Geopolitical Economy ones.
The general sequence of the module is to start from a discussion of the notion of development, its historical origins and different measurements followed by an alternative view of development paradigms and their context. In particular, they will focus on Rostow’s stages of growth, Structural change and Solow growth model theories, structuralism and dependency theory, and the role of institutions on economic development. Topics of agriculture, industrialization and industrial policies, the role of the state in economic development, international trade, globalization and global inequalities will be also discussed.

The second half of the module focuses on the geopolitical economy aspects. It will be covered topics such as Development finance and geopolitics reporting the cases of both developing and developed countries such as China, South Korea, Brazil, Peru and Kazakhstan. The oil as well as the other primary resources markets will be also analised in an historical and geopolical context. Finally a last part of the module will be devoted to the international monetary system and the way the new forms of money are challenging the status quo.

Læringsmål

Viden

The objective is that the student after the module possesses the necessary knowledge on:

• Demonstrating knowledge of key policy issues in development.
• Identifying different paradigms in development economics.
• Analysing major geopolitical economy changes at international level.
• Evaluating opportunities and threats in the geopolitical arena.

Færdigheder

The objective is that the student after the module possesses the necessary skills in:

• Developing the ability to dissect data, theories, and policies to understand the underlying causes of economic disparities and geopolitical tensions.
• Conducting research and analysing data related to economic development and geopolitical dynamics.
• Analysing economic policies and geopolitical strategies, assessing their implications on different stakeholders, and advocating for evidence-based policies that promote sustainable development and geopolitical stability.
• Cultivating effective communication skills to navigate cultural differences and negotiate agreements that promote economic development and geopolitical stability.

Kompetencer

The objective is that the student after the module possesses the necessary competences in:

• Identifying different paradigms in development economics.
• Critically analysing complex economic and geopolitical issues.
• Cultivating cultural competence and awareness of diverse perspectives to engage in constructive dialogue, build partnerships, and foster cooperation in a globalized world.

Eksamen

Forudsætning for indstilling til prøven

• Submission of the written assignment

Prøver