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|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Elective |
| Level |
Bachelor |
| Duration |
One Quarter |
| Start time of the course |
Third Quarter |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Max. participants |
60 |
| Study board |
Study Board for Business, Language and Area
Studies
|
| Programme |
Bachelor of Science in Business, Asian Language
and Culture |
| Course
coordinator |
- Ari Kokko - Department of International Economics, Goverment
and Business (EGB)
|
| Main academic
disciplines |
- Globalisation and international business
- International political economy
- Economics
|
| Teaching
methods |
|
|
|
Last updated on
29-01-2026
|
| Learning objectives |
The course will prepare students to:
- understand the institutional changes in the transition to a
developed market economy
- understand trends and interactions between politics,
institutions and economy in emerging markets and the role of
institutions for growth and business development
- understand and explain the role of the emerging economies in
the globalization process
- understand the risks and opportunities in emerging markets
- identify similarities and differences between the development
models of different emerging markets
- discuss, critically assess and apply theories and concepts
presented throughout the course
- identify relevant indicators for political risk, institutional
quality and economic development and find updated information using
the internet and the CBS library
- be able to use the analysis of emerging economies as background
for proposing strategies for companies doing or planning to do
business in these markets
|
| Course prerequisites |
| All undergraduates, with some basic economics
background preferred. |
| Examination |
|
Emerging
Markets - Societies in Transition:
|
| Exam
ECTS |
7,5 |
| Examination form |
Home assignment - written product |
| Individual or group exam |
Group exam
Please note the rules in the Programme Regulations about
identification of individual contributions. |
| Number of people in the group |
3-5 |
| Size of written product |
Max. 25 pages |
|
Max 5 pages per student |
| Assignment type |
Project |
| Release of assignment |
Subject chosen by students themselves, see
guidelines if any |
| Duration |
Written product to be submitted on specified date
and time. |
| Grading scale |
7-point grading scale |
| Examiner(s) |
One internal examiner |
| Exam period |
Spring |
| Make-up exam/re-exam |
Oral Exam |
|
Duration: 20 min. per student,
including examiners' discussion of grade, and informing plus
explaining the grade |
|
Preparation time: No
preparation |
|
Examiner(s): If it is an internal
examination, there will be a second internal examiner at the
re-exam. If it is an external examination, there will be an
external examiner. |
Description of the exam
procedure
The project involves analyzing one of the issues related to
emerging markets. The specific themes will be based on the various
topics and theoretical frameworks presented in the course and
applying them to the experiences of one or more selected emerging
markets. The course-readings are important introductions to the
subject of institutions in emerging markets and may be
complemented with specialized literature on the country-cases.
Students shall make teams of 3-5 persons and write projects of max.
5 pages per
student.
|
|
| Course content, structure and pedagogical
approach |
|
The course provides students with knowledge of the development
in emerging markets. Some emphasis is put on the BRICS-
group (Brazil, Russia, India, China, South Africa) but
other emerging economies will also be discussed. Students are at
liberty to choose any emerging market and a theme for their
projects. However, ASP students must choose an Asian country for
deeper analysis. The course focuses on the institutional changes
that have contributed to high growth in these economies.
The course gives an overview of recent political, institutional and
economic developments in the main emerging markets. It is based on
an interdisciplinary framework focusing on how institutions
have changed, how they contribute to economic growth and
development, and how they may act as barriers to change. The focus
is on the interaction between politics, institutions (formal and
informal - culture) and the economy. Special emphasis is on the
relation between business and government at various stages of
development. The emerging economies are analyzed in relation to the
development in globalization and the challenges related to the new
global economic order with the rise of China.
In addition to lectures focusing on specific economies, the course
will :include components discussing:
- Economic development models
- The dynamics between politics, institutional change and the
economy
- Catching up, extensive and intensive growth, and
the middle income trap
- Transition from central planning to the market
economy
- Globalization, FDI, and integration of emerging markets
- Emerging markets and the new global economic order – the China
challenge
- EU policies with regard to emerging markets
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| Research-based teaching |
|
CBS’ programmes and teaching are research-based. The following
types of research-based knowledge and research-like activities are
included in this course:
Research-based knowledge
- Classic and basic theory
- Teacher’s own research
- Methodology
- Models
Research-like activities
- Data collection
- Analysis
- Discussion, critical reflection, modelling
- Peer review including Peer-to-peer
|
| Description of the teaching methods |
| The course is lecture-based and complemented by
class discussions and team presentations of country-cases and
themes. The course leads towards a project prepared by
student-teams on one or more emerging markets of their choice.
Presentations, literature, data and case materials are accessible
through the web and Canvas. |
| Feedback during the teaching period |
The teams have the opportunity of presenting
their projects-ideas in class to receive feed-back from the teacher
and the class and to present the whole project before submission.
|
| Student workload |
| Lectures |
30 hours |
| Workshop |
8 hours |
| preparation for classes and exam |
168 hours |
|
| Expected literature |
|
General sources:
EBRD. Transition report (latest), London.
http://www.ebrd.com
EBRD. Regional Economic Prospects, pp. (latest)
http://www.ebrd.com
IMF. updated country reports.OECD recent Economic Surveys
for BRICs – through CBS Library access to OECD I-libraryUNCTAD
(latest): World Investment Report, www.unctad.org
UNCTAD (latest). Trade and development report,
www.unctad.org
UNDP (latest). Human Development
Report. http://hdr.undp.org
World Bank (latest). Doing Business
World Bank (2013). China 2030, Building a Modern,
Harmonious and Creative Society, Part 1, pp.
1-65
http://www.worldbank.org/content/dam/Worldbank/document/China-2030-complete.pdf
World Bank (latest): Russia Economic report,
Specific references:
Additional references will be listed before the beginning of the
course
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