Global economy

ECTS: 3

COURSE OBJECTIVES

• Understanding of contemporary macroeconomics which explains the events in the international economy;
• The role of institutions as the key determinants of macroeconomic outcomes;
• Globalization as an engine of the market change, risk and opportunity creator.

COURSE CONTENT

1. Institutions – foundations of world economy (IMF, WB, WTO).
2. China’s leading role in the global economy.
3. Emerging economies – potential, risks and challenges in the next phase of globalization.