This course provides an introduction to economic geography. The course explores processes driving spatial patterns of economic activity at the global, national, regional, and local scales. Topic areas include economic globalization, spatial distribution of industrial sectors, multinational corporations, international trade, and regional economic development. The course looks at historical and contemporary shifts in economic activity in the upper-income as well as low- and middle-income countries.

The course covers topics in open economy macroeconomics. It will help students to become critical readers of popular and ongoing debates about the global economy. Topics include international capital flows; exchange rate regimes; theories of speculative attacks and currency crises; causes and consequences of financial crises; prediction of financial crises; stabilization and adjustment; debt crises; international monetary integration; and scope and functions of international monetary agencies. Prerequisites: ECON 3013 and ECON 3023 or equivalent courses.

Static games and dynamic games will be studied rigorously within complete and incomplete information models for non-cooperative game theory with complete mathematical proofs. Cooperative game theory will be introduced by matching games, coalitions and Shapley value.

The purpose of this course is to provide a rigorous background to the key issues of development economics at advanced undergraduate and graduate level. Students will acquaint themselves with important and contemporary challenges faced by developing countries. This course will cover an extensive range of theories and their applications in developing countries, including the meaning and measurement of economic development, the role of institutions, interactions of poverty, inequality and development, population and urbanization, and development finance. The course will help students to become critical readers of development paradigms and applications across developing countries. Based on extensive readings and write-ups, students will develop competence in pursuing further studies in the subject and conduct analytical work on a topic related to the course. Students are expected to have completed micro (ECON3013: Intermediate Microeconomics) and macroeconomics (ECON3023: Intermediate Macroeconomics) courses or approved substitutes at least at the intermediate level.