Conclusion to Week 3
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Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01
The Good Jobs, Bad Jobs, and Wage Inequality section of the course was designed to support you in achieving the following objectives: Determine whether the growth of manufacturing and assembly in emerging markets come at the expense of growth, welfare, and jobs in developed countries; Identify the importance of manufacturing jobs compared to other kinds of jobs in developed economies; Argue whether trade liberalization leads to an increase in total employment, a decrease in total employment, or neither.Describe what standard trade models predict about the impact of trade liberalization on wage inequality; Recognize the limitations of models in relation to empirical evidenceDefine skill-biased technological change; By completing this section of the course, you are also moving toward accomplishing the following course-wide goal:Identify the pros and cons of globalization in developed and developing countriesLearning Objective: Determine whether the growth of manufacturing and assembly in emerging markets come at the expense of growth, welfare, and jobs in developed countries.Learning Objective: Describe what standard trade models predict about the impact of trade liberalization on wage inequality.Learning Objective: Describe the impact of trade and foreign direct investment liberalization on the number of jobs in the economy.Learning Objective: Recognize the limitations of models in relation to empirical evidence.Learning Objective: Explain the impact of trade expansion on the kinds of jobs in the economy, and associated wages.
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WEEK 3 - Good Jobs, Bad Jobs, and Wage Inequality
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Conclusion to Week 5 Moran, Theodore (Georgetown University, 2013-09-24)Globalization's Winners and Losers: Challenges for Developed and Developing Countries - GeorgetownX - INFX523-01