This course seeks to provide students with an in-depth understanding of the markets, political, and other forces that tend to drive the international economic order. It also highlights, in considerable detail, the private and public actors as well as the institutions that shape international trade, financial developments, and policies. The course further discusses the economic and financial activities of some selected global and regional economic regulatory institutions such as the IMF, WB, WTO, AfCFTA, USMCA (formerly NAFTA), G7, G20, BRICS, and the nature of their trade and bargaining arrangements. It will examine emerging international developments that are of grave concern to governments such as sustainable development, climate change, water scarcity, or food insecurity, and gauge their effects on the global economy. The course will be taught from a multi-disciplinary perspective by drawing resources from the departments of Political Science, International Relations, and Economics to give students a holistic understanding of the dynamics of the international economic system. The mode of instruction also includes applications of IT tools such as power-points, audio-visuals to provide illustrations. It is expected that students will be able to apply their knowledge gained on the economics of their respective countries and guide policymakers to appreciate and understand the dynamics of the international market to fashion policies that would promote a better global economic governance.
LEGON CENTER FOR INTERNATIONAL AFFAIRS AND DIPLOMACY.
