Transformation of the World Economy

7.5 credits

The economy is central in understanding the transformations of the world. The politics of economy is trying to come to grips with issues such as inflation, unemployment, trade, welfare promotion, poverty, external shocks such as financial crises, recession, energy supply, environmental problems and the alike. What role does the market play in relation to the state and civil society in the transformations of the world? In this course we will discuss varieties of capitalism and welfare systems, political aspects of the workings of economy and raise questions of world economic order and the transformations of the world economy.


Växjö is a modern city with more than 80,000 inhabitants. The city has been declared "the Greenest City in Europe" because of its focus on environmentally sound solutions and the environmental programs implemented.

Being a student in Växjö you have easy access to everything – the city centre, the woods and the lakes. The pedestrian path from campus around Lake Växjösjön reaches almost all the way to the city centre and is perfect for jogging or taking long walks.

Campus Växjö is modeled along the lines of an American campus university and is the natural meeting place for students in Växjö. Campus is always bustling with life, and students move between lecture rooms, the University Library and the restaurants, pubs and outdoor recreational areas.