Economía Internacional

Group	Teacher	Department	Language
	Agustin Ulied Martínez	Economía, Finanzas y Contabilidad	ESP

Course Learning Objectives

The student should be able to:

- Develop an awareness of the importance of the development of the internationalisation of the economy by addressing the emergence of the phenomenon know as globalisation, which will be addressed above all in terms of its development up until the present.

- Undertake a critical reflection on the benefits and problems posed by globalisation.

- Be aware of the impact of economic integration through the undertakings of the European Union.

- Clearly distinguish how the development of the economy has brought with it the creation of a range of economic government organisations.

19. Teamwork and collaboration
5. Ability for continuous learning Ability to learn continually

CONTENT

1. Origin and development of international economic relations
1.1. Introduction: The beginnings of globalisation
1.2. The economy in the 19th century 2. The economy in the 19th century: - Development of international trade in the 19th century - Trade policies: free trade and protectionism - International transfer of capital: foreign investment - The international monetary system: consolidation of the gold standard - Immigration - Imperialism: its causes
1.3. Economic relations in the 20th century 3. Economic relations in the 20th century - The global economy between the two world wars - The 1929 Great Depression and its aftermath - Reorientation of the international economy after the Second World War - The new economic order
2. Economic integration Processes
2.1. From the European Community to the European Union From the European Community to the European Union - What is the EU? - Its development - The EU's economic weight internationally
2.2. Economic and Monetary Union 4. Economic and Monetary Union - Coordination of economic and fiscal policies - A common monetary policy and single currency, the euro - The Stability and Growth Pact - EU foreign economic relations
2.3. UE Trade Policy 5.- The EU Trade Policy - General principles of the EU trade policy - Regional agreements and "Global Europe" - The EU trade policy favouring development
3. International economic governance bodies
3.1. International economic governance bodies 6. International economic organisations - United Nations (UN) - From GATT to the World Trade Organisation (WTO) - United Nations Conference on Trade and Development (UNCTAD) - The World Bank
3.2. Evolution of the international monetary system 7. Change in the international monetary system: - The gold standard and the US dollar crisis - The UN Breton Woods Conference and the creation of the IMF - Today's international monetary system
3.3. Other International Organisations 8. Other international organisations - Organisation for Economic Cooperation and Development (OECD) - OPEC and energy - Climate change: the Brundtland Commission (former World Commission on Environment and Development)

1. Origin and development of international economic relations

1.1. Introduction: The beginnings of globalisation

1.2. The economy in the 19th century

2. The economy in the 19th century:
- Development of international trade in the 19th century
- Trade policies: free trade and protectionism
- International transfer of capital: foreign investment
- The international monetary system: consolidation of the gold standard
- Immigration
- Imperialism: its causes

1.3. Economic relations in the 20th century

3. Economic relations in the 20th century
- The global economy between the two world wars
- The 1929 Great Depression and its aftermath
- Reorientation of the international economy after the Second World War
- The new economic order

2. Economic integration Processes

2.1. From the European Community to the European Union

From the European Community to the European Union
- What is the EU?
- Its development
- The EU's economic weight internationally

2.2. Economic and Monetary Union

4. Economic and Monetary Union
- Coordination of economic and fiscal policies
- A common monetary policy and single currency, the euro
- The Stability and Growth Pact
- EU foreign economic relations

2.3. UE Trade Policy

5.- The EU Trade Policy
- General principles of the EU trade policy
- Regional agreements and "Global Europe"
- The EU trade policy favouring development

3. International economic governance bodies

3.1. International economic governance bodies

6. International economic organisations
- United Nations (UN)
- From GATT to the World Trade Organisation (WTO)
- United Nations Conference on Trade and Development (UNCTAD)
- The World Bank

3.2. Evolution of the international monetary system

7. Change in the international monetary system:
- The gold standard and the US dollar crisis
- The UN Breton Woods Conference and the creation of the IMF
- Today's international monetary system

3.3. Other International Organisations

8. Other international organisations
- Organisation for Economic Cooperation and Development (OECD)
- OPEC and energy
- Climate change: the Brundtland Commission (former World Commission on Environment and Development)

Relation between Activities and Contents

	1	1.1	1.2	1.3	2	2.1	2.2	2.3	3	3.1	3.2	3.3
Class Participation
Written assignments
Final Exam

Methodology

The course is taught through lecture classes, although these require a significant degree of participation in the form of questions, answers, comments and opinions, which will made by the students for whom it is compulsory to attend these classes. The study of the set weekly reading in conjunction with its discussion and analysis in class is very important.

Description	%
Class Participation	10
Written assignments	30
Final Exam	60

Assessment criteria

Class attendance is compulsory.

Students will be assessed on their understanding and mastery of the general concepts as well as on the course's specific competences.

Any student who does not pass:
1. the course at the FIRST SITTING OF THE EXAM, for not attending class, not completing the set activities or copying them will not be assessed in the EXAM RESIT and therefore will have to take the course again and complete the set activities in full.
2. the level of required competences will be able to progress on from this year of the programme so long as the course has been passed, but they will not be able to complete the final Degree project without having acquired the required competence levels during the Degree programme.

Bibliography

Bibliography:
- Eduardo Cuenca García,. 2004. "Organización Económica internacional". Pearson Educación, S.A.
- José Manuel García de la Cruz, & Gemma Durán Romero, 2005. "Sistema económico mundial". Internacional Thomson Editores
- Foreman-Peck, James. Historia de la economía mundial. Ariel
- Muñoz Cidad, Cándido. Estructura económica internacional. Thomson.
- Dehesa Romero, Guillermo de la, (aut.) Comprender la globalización. Alianza Editorial, S.A.
- EU founding treaties

Additional bibliography and material

- Websites of the international organisations studied

Type:	OP	Curs:	4	Period:	S semester
ECTS Credits:	5 ECTS

Economía Internacional (GED65036)

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