As globalization reshapes the world, how are European economies affected? And what roles do economists play in explaining, forecasting, and advising?
Both Denmark and Sweden punch above their weight in many economic sectors thanks to strong presences and established companies like Novo Nordisk, H&M, Spotify, IKEA, and LEGO. But trade tensions and inequality rise, will they avoid a 'race to the bottom' in their responses to emerging economic challenges compared to the rest of Europe, and to the U.S.?
Analyze and compare how companies, countries, and sectors compete and position themselves in a globalized world through economic theories and contemporary European case studies.
Markets generate wealth, but there are no guarantees of how. On the international stage, the volatility of markets contributes to many of the key global challenges of our time: climate change, widening inequality, unprecedented waves of migration, financial crises, and increasing unemployment in the wake of digitalization, automation, and AI.
In this course, you will explore globalization and its impact on trade, capital, culture, and politics around the world. A particular focus is placed on European economies and challenges faced by the EU and its neighbors. You will gain a deeper knowledge of theories within the field, and go on to apply and challenge economic thinking through discussions, Field Studies, and Study Tours.
