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Global Markets

The overall aim of the course is to provide an orientation of how trade interacts with factors such as geography, politics, resource endowment, and technological invention, and to provide the students with concepts and ideas to understand and to analyse such interactions.

This course will provide students with

1) insights into the history of the current economic system

2) an understanding and examples of the interaction between trade, geography, culture, politics and technological invention

3) the economic concepts to understand trade

4) knowledge about certain markets/regions/exchange areas.

Overall, the course is designed to give students ideas and concepts that give them an overall orientation related to trade and the interaction of different markets, as well as allowing them to analyse and discuss past and current patterns and events relevant to this theme.

Teaching consists on lectures (including guest lectures), and seminars. During the seminars, texts (in the broad meaning of the term) will be discussed, and news pieces will be used to a large extent. Students will be asked to hand in written answers which analyse and comment on these texts. Their answers will subsequently form the basis for discussion and also for grading. For each seminar, the students will be given a selection of texts to comment on. In setting grades, particular attention will be given to the extent to which the students are able to apply concepts and ideas from the literature correctly and critically. Moreover, and in order to verify that students have read and understood the literature for the course, a written exam will conclude the course.


  • Course structure

    The course workload is 200 hours equivalent to 7,5 ECTS.
    The language of instruction is English.

    Teaching format

    The course consists of a combination of lectures, seminars and group work and requires a significant portion of self-study on the part of students. Assessment for the course will be continuous and is carried throughout the different activities of the course.
    Please note that all teaching and learning activities - such as lectures, seminars, assignments and assessment tasks – are carried out in English when the language of instruction is English.


    Assessment for the course will be continuous and is carried throughout the different course activities. Each assessment task is weighted in relation to its importance in the overall assessment of the course. The student’s results from the different assessment tasks are added up to a total course score that will then translate into the final grade for the course. Also, a final short written (multiple choice) exam will be held. While it will not carry great weight for the final grade, students will have to pass this exam in order to obtain their grade.

    Assessment tasks
    The course contains the following weighted assessment tasks.
    1. An individual multiple-choice exam.
    2. Two team-based essays (1500 words and 3000 words, respectively).

    After completion of the course, students will receive grades on a scale related to the intended learning outcomes of the course. Passing grades are A, B, C, D and E. Failing grades are Fx and F. A grade Fx can be completed for a grade E.

  • Schedule

    The schedule will be available no later than one month before the start of the course. We do not recommend print-outs as changes can occur. At the start of the course, your department will advise where you can find your schedule during the course.
  • Course literature

    Note that the course literature can be changed up to two months before the start of the course.

    See reading list in the current syllabus.

  • Contact

    Course coordinator:

    Head of course: Tony Fang