University of St Andrews

Key information

SCOTCAT credits : 20

ECTS credits : 10

Level : SCQF level 10

Semester: 2

Planned timetable: To be arranged.

This module introduces basic facts and theoretical models regarding economic interconnections within an increasingly integrated world. Its aim is to provide students a global view and understanding of interdependence among all countries. Its content includes a current and an historical overview of trade and its impact on economic growth, the classic theory of free trade, recent developments in theoretical models and relevant empirical evidence and major policy issues arising in open economies that are becoming more relevant today. The module will cover traditional (neoclassical) economics and also discuss various challenges presented to such a framework, especially based on experience of developing countries.

Learning and teaching methods and delivery

Weekly contact: 20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).

Scheduled learning hours: 25

Guided independent study hours: 175

Assessment pattern

As used by St Andrews: 2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%

As defined by QAA
Written examinations : 75%
Practical examinations : 0%
Coursework: 25%

Re-assessment: 2-hour Written Examination = 100%

Personnel