This course aims to provide the student with an understanding of the global nature of the activity of the modern economy and its effect on the macroeconomic policy of states. The long-standing tendency for states’ economic operations to be treated in isolation from one another has led to a continuous neglect of the often overwhelming contextual factors in the formulation of theory, such as the importance of the sustainability agenda worldwide. The course presents an integrated perspective of the key dimensions of global economic activity, rather than the hybrid treatment of the past conceptions of separable economic categories. The course recognizes the interpenetration of global economic activities between the key actors.
10 ECTS