(in Polish) World Economy Analysis 1155-12-E21-EF-WEA

1. The role of economic theory and controversy - the role of economic theory in explaining the main economic problems (Mainstream economics versus behavioral economics and institutional economics)

2. Global macroeconomic trends
2.1. Global growth prospects for the world economy
2.2. Demographic changes in the world
2.3. Global trade and investment
2.4. Labour markets (global youth employment; technology and future trends)
2.5. Economic outlook by regional perspective (Developed economies, Developing countries; world regions diversity)
2.6. Recovery from the collapse triggered by COVID-19 pandemic

3. Sustainable development - selected SDG goals
3.1. Alternative ways of measuring GDP (Green GDP, HDI, IHDI, etc.)
3.2. Carbon emissions and GDP growth
3.3. Climate change and destruction of natural resources, food and water security

4. The role of state in economic development
4.1. Risks, uncertainties and stabilization policy challenges (monetary policy, fiscal policy)
4.2. Government accountability and transparency, and corruption
4.3. Institutional determinants of economic development in different regions of the world
4.5. Public finances imbalances

5. Rising Income Inequalities (Economics Growth and Social Inclusion)
5.1. Diversity in Income inequalities in the world regions
5.2. Associations of income inequalities and quality of life (different dimensions of well-being)

Total student workload

Attendance at lectures (15h), getting acquainted with additional materials prepared and made available by the lecturer and studying the literature indicated (15h), writing a presentation (20h), and consultations with the lecturer (25h). Total student workload (75h)

Learning outcomes - knowledge

W1: The graduate knows and understands, to a significant extent, issues in the world economy and relations of the world economy with other disciplines within Social Sciences as macroeconomics and microeconomics K_W01 W2: The graduate knows and understands, to a significant extent, processes of institutional and socio-economic changes, their determinants, and their results for the world economy K_W08

Learning outcomes - skills

U1: The graduate critically analyses complex socio-economic phenomena in the world economy and relations between them K_U01 U2: The graduate uses and interprets various sources of world economic data K_U03

Learning outcomes - social competencies

K1: The graduate is willing to work effectively on his own with large amount of data, recognize interrelations between the world economic problems and draw correct conclusions; the graduate formulates precise questions that aim at broadening his own understanding of selected world economy problem K_K01

Teaching methods

Expository teaching methods: - informative lecture with multimedia presentations, - discussion, - additional teaching materials.

Prerequisites

Knowledge of the key issues of economics theory (basic macroeconomics)

Course coordinators

Term 2024/25L:

Małgorzata Szczepaniak
Xiaohong Xie

Term 2022/23L:

Małgorzata Szczepaniak

Assessment criteria

Assessment methods:
- written examination - W1, W2
- oral examination (presentation) - W1, U1, U2, K1

Assessment criteria:
Exam (test) max 50 points
Presentation in groups max 50 points

fail- 0-60 pts (0-60 %)
satisfactory- 61-68 pts (61-68%)
satisfactory plus- 69-76 pts (69-76%)
good - 77-84 pts (77-84%)
good plus- 85-92 pts (85-92%)
very good- 93-100 pts (93-100%)

Bibliography

Stutz F.P., Wart B., World Economy, The Pearson New International Edition (available through NCU account on-line bookshelf.vitalsource.com)Blanchard O., Macroeconomics, Pearson Education International, 2009 (available in library)
Mankiw G., Macroeconomics, Worth Publishers, USA 2010 (available in library)
Rosling H., Factfulness. The Reasons We're Wrong about the World - and Why Things Are Better than You Think, Sceptre, London 2018.
Samuelson P.A., Nordhaus W.D., Economics, McGraw-Hill, Inc., 1995 (available in library)
Snowdon B., Vane H., Modern Macroeconomics. Its Origins, Development and Current State, Edward Elgar, USA, 2005 (available in library)
World Economic Situation and Prospects, UN, New York 2016 (available on-line)
World Development Reports, WDR Reports, The World Bank (available on-line)
Central Intelligence Agency, The World Factbook, (available on-line)

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1155-12-E21-EF-WEA in USOSweb