ECONS200-23A (HAM)

Understanding the Global Economy

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Gazi Hassan

Gazi Hassan
5164
MSB.2.22
See Moodle
gazi.hassan@waikato.ac.nz

Lecturer(s)

Administrator(s)

: denise.martin@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: yilan.chen@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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What this paper is about

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ECONS200 is for students who are interested in globalisation, political economy and economic or social policy. It offers a review of the world economy based on liberal principles since World War II to date and analyses how major global events have shaped the economic and political mindset of people in the post-Bretton Woods era. As a framework to understand the global economy, it uses the tools of modern macroeconomics. At the end of the paper, students are expected to be more knowledgeable and aware of the world around us and its connection to daily news and events in global business, politics and economy.

Because ECONS200 is a large class with students from diverse cultural backgrounds, it is expected that there will be more than one class rep. At least one class rep would be from the Māori community who as a student leader will provide timely feedback every week or when necessary. Interested class reps please contact me during the first week.

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How this paper will be taught

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The paper is taught through lectures (2 hours per week), and tutorials (1 hour per week). Lectures are recorded and available via Panopto for you to refer to later. However, attendance at lectures is strongly recommended. It's not a Flexi paper but we will try to arrange most of the components available for those who may have to do it remotely. The paper is supported online through Moodle, and the class has its own Facebook group (Econs200 - University of Waikato) that provides regular updates on the global economy. You are encouraged to join and make use of it.
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Required Readings

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Gerber, James (2018). International Economics, 7th Edition (Global Edition). Pearson Education Limited.

Mankiw, N, Bandyopadhyay, D and Wooding, P (2009) Principles of Macroeconomics in New Zealand, 2ed, Cengage

(Any version of Mankiw's undergraduate Macroeconomics textbook will do)

FULL READING LISTS:

https://rl.talis.com/3/waikato/lists/7A2BB854-6831-5444-393A-548EC290D59B.html?lang=en-US&login=1

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Understand nature and consequences of financial crisis, global recessions and neo-protectionism and policies to avoid crises
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  • Understand regional geopolitical issues and economic growth factors of the EU, the United States, Japan, Asia-Pacific and Latin America
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  • Learn how to critically think about global issues using case studies
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  • Understand basic concepts in macroeconomics
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  • Understand the aggregate demand and aggregate supply, fiscal and monetary policies and the theories of current account and use descriptive or graphical models to apply these theories to issues involving global policy coordination at the macro level
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  • Understand the current affairs of global economic policies including balance of payments, and the theories of exchange rates and exchange rates system
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  • Understand the world economy and global economic institutions since World War II
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Assessments

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How you will be assessed

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For all assignments including group projects, required materials will be announced at least three weeks in advance.

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Online Tests
10
2. Tutorial
7
3. Assignment I: Global Economy Media Assignment
6 Apr 2023
5:00 PM
15
  • Online: Submit through Moodle
4. Assignment II: Inflation and Maori Unemployment
22 May 2023
6:00 PM
15
  • Online: Submit through Moodle
5. Global Response to COVID19 Crisis - Group Project
2 Jun 2023
11:30 PM
20
  • Online: Submit through Moodle
  • Presentation: In Class
6. Final Test
33
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Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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