Modules

Core Module Information
Module title: World Economy
SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: SOE08103
Module leader: Xiaoling Wu
School The Business School
Subject area group: Management
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

In this module, you will explore a range of current global issues, including the dominance of the capitalist economic model, the international spread of crises, and the challenges of achieving both economic growth and development. You will engage with topics such as globalisation, trade dilemmas facing the developing world, conflicts within the international political system, the role of multinational corporations, currency wars, scarcity of natural resources, and growing environmental threats.You will use competing theoretical perspectives and key concepts to analyse these issues, allowing you to develop your critical thinking and analytical skills. The module encourages you to evaluate alternative policy responses to global challenges, helping you understand not just the problems, but also the potential solutions.Particular attention is given to understanding the rapid transformation taking place across the globe. You will explore various economic theories that explain contemporary trends in the world economy and investigate different economic development strategies used around the world.By engaging with these broad topics, you will gain valuable insights into the interconnected nature of global economic and political systems, while developing the tools needed to analyse complex international issues with confidence.
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Explain the nature of the key global issues and their implications for future patterns of international growth and development.

LO2: Discuss the competing viewpoints on the appropriateness of crisis-solving policies.

LO3: Identify the various policy responses that have been consequently developed to deal with global issues.

LO4: Use empirical evidence to assess the importance and direction of changes that have taken place throughout the world economy.

LO5: Successfully communicate individual and team findings and personal development orally, via appropriate IT techniques and in writing and contribute effectively to debates on policy issues.
Full Details of Teaching and Assessment
2025/6, Trimester 2, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Xiaoling Wu
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 11 Core content delivery through the exploration of key concepts, theories, and global issues.
Face To Face Tutorial 22 Interactive group sessions involving discussions and collaborative activities that explore the application of economic theories to real-world policy challenges and global conflicts.
Online Guided independent study 167 Self-directed work outside of class, involving reading, research, assignment preparation, and revision to understand and analyse global economic issues.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Discussion/Participation 30 1~2~3~5 Week 9 HOURS= 1.5 hours You’ll be assessed on your active participation in weekly discussions and group activities, where you’ll apply economic theories to real-world policy challenges and global conflicts. Your mark will reflect your ongoing engagement, teamwork, and quality of contribution throughout the trimester.
Class Test 10 1~2~3~4 Week 12 HOURS= 8xquizzes You will complete eight short quizzes throughout the trimester to reinforce your understanding of core concepts and key themes, including global issues, policy responses, and competing economic perspectives.
Report 60 1~2~3~4~5 Week 13 , WORDS= 2000 words You will complete a report that critically analyses a selected global economic issue or policy response, demonstrating the application of relevant theoretical perspectives and empirical evidence.
Component 1 subtotal: 40
Component 2 subtotal: 60
Module subtotal: 100

Indicative References and Reading List - URL:
SOE08103 World Economy
 

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