Global and Regional Economics

Subject Overview

Explores the prospects and contexts for economic growth and development in the world’s major markets. Current trends and relationships among global businesses, regional economies and national institutions are examined. International trade barriers, agreements and regulations are introduced. Students address macroeconomics concepts in a comparative developmental context, highlighting the differences between developed and developing countries.

Learning Outcomes

Upon completion of this subject, students should be able to

  • understand key macroeconomic variables and policies
  • describe theories of economic development, international trade and foreign direct investment
  • explain the effects of global and regional economic development on individual economies
  • identify the economic growth strategies and challenges faced by developing economies,
  • especially in the key growth region of Asia
  • perform a comprehensive country analysis

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