Course description: ECON 4920  Economic systems, institutions and globalisation 

This is a course description according to ”Utfyllende regler til §§ 2.2, 3.3, (herunder § 3.3.4) and 3.7 in ”Forskrift om studier og eksamener ved Universitetet i Oslo”. The course description is referring to §3.7.
Documents that are referred to in this description are given in Norwegian only, and are to be found at: http://www.sv.uio.no/studier/forskrifter_regler.html

1.0. Course structure
1.1. Objective
To answer the first question the course explores the economics of how various modes of production, distribution and social provision work. The lectures and seminars compare the impact of different types of ownership, collective bargaining, and welfare states. They compare property rights versus bargaining rights, the wage economcy versus the share economy, markets versus bureaucracies, law and order versus kleptocracy, democracy versus dictatorships, Social Democratic versus Christian Democratic versus Anglo-American model. The lectures and seminars also discuss how different modes work as a development strategy. To answer the second questions the course explores to what extent economic organizations and systems are affected by globalization. Do economic and political systems converge to a common mode in a globalized world?

1.2. Structure and content:
The course is given 10 ECTS credits

Content:
The lectures are built around two basic questions: How do different institutions and organizations work? How are they affected by globalization?

2.0. Teaching structure:
2.1. Forms of teaching: 
Lectures: 2 hours per week for 13 weeks. Seminars: 2 hours per week for 6 weeks. One term paper (not compulsory).
The students will throughout the term receive written and oral feedback.

2.2. Academic prerequisites: 
Bachelor’s degree in Economics, or equivalent.
 
2.3. Semester course is taught: 
Autumn term 2004.

2.4. Time period in which the course is taught:
The course is taught throughout the semester. There might occur weeks exempt from teaching (where students are expected to do term paper).

2.5. Language of instruction: 
English if requested, otherwise Norwegian

2.6. Administrative unit: 
University of Oslo

2.7. Admission requirements: 
According to ”Forskrift om studier og eksamener ved Universitetet i Oslo § 5.4” a student who has completed the  compulsory activity in a course, does not have the right to repeat the activity again.  A student who is given access to, but has not handed, or not passed, compulsory activity,  has right to retake course again, but only when there is a capacity. 

 Form of examination:
3.1. Form of assessment: 
A 3-hour written exam at the end of the semester.

Grades given are A-F, with F as a fail.  See “Forskrift om studier og eksamener ved Universitetet i Oslo, §8.1” about the grading system.  See  http://www.oekonomi.uio.no/studieinfo/studiereformen/Ny%20karakterskala.pdf for the  specific criteria in economics.
Guidelines for to ask for explanations and to make a formal complaint, see  http://www.lovdata.no/all/nl-19950512-022.html

3.2. Academic requirements: 
None.

3.3. Semester in which the final assessment takes place:
The exam is only given the same semester in which the course is taught.

Students who might wish to retake the exam later, are not guaranteed that the course is ever repeated with a similar reading list, nor that the exam arrangement will be the same.

3.4. When during the semester the final assessment takes place:
The written exam is given by the end of the semester.

3.5. Special arrangements/final assessment: 
In cases of chronic or acute illness, students may apply for specially arranged exams. Deadline for such applications are 1. February in the spring term and 1. September in the autumn term. See also "Informasjon om tilrettelegging ved eksamen ved Det samfunnsvitenskapelige fakultet."

3.6. Permitted materials for examinations with supervision:
None.

3.7. Permitted materials for examinations without supervision:
No exam without supervision.

3.8. Language of examination: 
The problem set will be given in English only.  Answers can be given in Norwegian, Swedish, Danish or in English. See § 6.4 i Forskrift om studier og eksamener ved Universitetet i Oslo.

3.9. Conditions for non-admitted students to take the examination:
It is possible to study at the Faculty of Social Sciences without being formally admitted to a program of study.   For further information, please contact the Department of Economics.

3.10. Policy on deferred examinations: 
Deferred examinations are arranged for students who, for valid reasons (force majeure)  cannot sit on  the regular date. A doctor's certificate is required.  Students wishing to resit the exam for other reasons must wait for the next regular exam. (See  3.3 above).  See also   
§ 7.3 Gyldig forfall til eksamen i Forskrift om studier og eksamener ved UiO. 

3.11. Determination of grades:
The exam is graded by the scale A-F. For further information, see  “Forskrift om studier og eksamener ved Universitetet i Oslo, §8.1” about the grading system.  See  http://www.oekonomi.uio.no/studieinfo/studiereformen/Ny%20karakterskala.pdf for the  specific criteria in economics.

3.12. Overlap with other courses, reduction in number of credits: 
None.