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ECON 223

Economics of Globalization

3 units

Fall 2026

Topics

  • What we mean by globalization
  • Measuring integration
  • The historical arc
Winter 2026

Topics

  • The second wave of globalization
  • Trade war between China and the United States
  • Globalization, poverty, and development
  • Trade agreements and institutions
  • International payments and balance of payments
  • Global monetary arrangements and institutions
  • Foreign direct investment, global value chains and multinational corporations
  • Climate change and global collective action (if time permits)
  • Immigration and culture (if time permits)
  • Reflection: The first wave of globalization
  • Backlash against globalization: populism and nationalism
Sources