ECOP6017: Semester 1, 2025
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Unit outline_

ECOP6017: Global Inequality

Semester 1, 2025 [Normal day] - Camperdown/Darlington, Sydney

The principle of equality is a widely held ideal, however, inequality is on the rise worldwide. In this unit, to understand this paradox, you will investigate the historical development of inequalities of wealth and income across the global economy. To do this, you will consider different strands of liberal, Marxian, feminist, and postcolonial economic thought that seek to shed light on how global economic processes produce different forms of inequalities. You will learn how to apply these different analytical frameworks to contemporary issues of inequality and policy debates in affluent and developing nations.

Unit details and rules

Academic unit Political Economy
Credit points 6
Prerequisites
? 
None
Corequisites
? 
None
Prohibitions
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

No

Teaching staff

Coordinator Martijn Konings, martijn.konings@sydney.edu.au
The census date for this unit availability is 31 March 2025
Type Description Weight Due Length
Assignment Take-home exam 2
Take-home exam including option for a research report
45% Formal exam period
Due date: 18 Jun 2025 at 23:59
3000 words
Outcomes assessed: LO2 LO3 LO4 LO5 LO6 LO7
Participation Participation
Contribution to class discussion
10% Multiple weeks N/A
Outcomes assessed: LO7 LO4 LO3 LO2 LO1
Assignment Take-home exam 1
Take-home exam
45% Week 08
Due date: 16 Apr 2025 at 23:59
3000 words
Outcomes assessed: LO3 LO7 LO2 LO1 LO4

Assessment summary

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

The following grade descriptors will apply to this assessment:

Fail (Below 50%)

Work not of an acceptable standard.

Work may fail for any or all of the following reasons: unacceptable levels of paraphrasing; irrelevance of content; presentation, grammar or structure so sloppy it cannot be understood; submitted very late without extension.

Low Pass (50–54%)

Work of an acceptable standard.

Written work contains evidence of minimal reading and some understanding of subject matter, offers descriptive summary of material relevant to the question, but may have a tendency to paraphrase; makes a reasonable attempt to organise material logically and comprehensibly and to provide scholarly documentation. There may be gaps in any or all of these areas.

Medium Pass (55–59%)

Work of a satisfactory standard.

Written work meets basic requirements in terms of reading and research, and demonstrates a reasonable understanding of subject matter. Offers a synthesis of relevant material and shows a genuine effort to avoid paraphrasing, has a logical and comprehensible structure and acceptable documentation, and attempts to mount an argument, though there may be weaknesses in particular areas.

High Pass (60–64%)

Work has considerable merit, though Honours is not automatically recommended.

Written work contains evidence of a broad and reasonably accurate command of the subject matter and some sense of its broader significance, offers synthesis and some evaluation of material, demonstrates an effort to go beyond the essential reading, contains clear focus on the principal issues, understanding of relevant arguments and diverse interpretations, and a coherent argument grounded in relevant evidence, though there may be some weaknesses of clarity or structure. Articulate, properly documented.

Note that roughly 45-50% of students in junior levels of study and 25-50% of students in senior level units of study will receive marks within the Pass range each semester.

Low Credit (65–69%)

Competent work, demonstrating potential to complete Honours work, though further development needed to do so successfully.

Written work contains evidence of comprehensive reading, offers synthesis and critical evaluation of material on its own terms, takes a position in relation to various interpretations. In addition, it shows some extra spark of insight or analysis. Demonstrates understanding of broad historical significance, good selection of evidence, coherent and sustainable argument, some evidence of independent thought.

High Credit (70–74%)

Highly competent work, demonstrating clear capacity to complete Honours successfully.

Evidence of extensive reading and initiative in research, sound grasp of subject matter and appreciation of key issues and context. Engages critically and creatively with the question, and attempts an analytical evaluation of material. Makes a good attempt to critique various interpretations, and offers a pointed and thoughtful contribution to an existing debate. Some evidence of ability to think theoretically as well as empirically, and to conceptualise and problematise issues. Well written and documented.

Distinction (75–84%)

Work of a superior standard.

Written work demonstrates initiative in research and reading, complex understanding and original analysis of subject matter and its context, both empirical and theoretical; makes good attempt to ‘get behind’ the evidence and engage with its underlying assumptions, takes a critical, interrogative stance in relation to argument and interpretation, shows critical understanding of the principles and values underlying the unit. Properly documented; writing characterised by style, clarity, and some creativity.

High Distinction (85%+)

Work of exceptional standard.

Written work demonstrates initiative and ingenuity in research and reading, pointed and critical analysis of material, innovative interpretation of evidence, makes an insightful contribution to debate, engages with values, assumptions and contested meanings contained within original evidence, develops abstract or theoretical arguments on the strength of detailed research and interpretation. Properly documented; writing characterised by creativity, style, and precision.

For more information see sydney.edu.au/students/guide-to-grades.

 

For more information see guide to grades.

Use of generative artificial intelligence (AI) and automated writing tools

Except for supervised exams or in-semester tests, you may use generative AI and automated writing tools in assessments unless expressly prohibited by your unit coordinator. 

For exams and in-semester tests, the use of AI and automated writing tools is not allowed unless expressly permitted in the assessment instructions. 

The icons in the assessment table above indicate whether AI is allowed – whether full AI, or only some AI (the latter is referred to as “AI restricted”). If no icon is shown, AI use is not permitted at all for the task. Refer to Canvas for full instructions on assessment tasks for this unit. 

Your final submission must be your own, original work. You must acknowledge any use of automated writing tools or generative AI, and any material generated that you include in your final submission must be properly referenced. You may be required to submit generative AI inputs and outputs that you used during your assessment process, or drafts of your original work. Inappropriate use of generative AI is considered a breach of the Academic Integrity Policy and penalties may apply. 

The Current Students website provides information on artificial intelligence in assessments. For help on how to correctly acknowledge the use of AI, please refer to the  AI in Education Canvas site

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

5% per day

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Support for students

The Support for Students Policy 2023 reflects the University’s commitment to supporting students in their academic journey and making the University safe for students. It is important that you read and understand this policy so that you are familiar with the range of support services available to you and understand how to engage with them.

The University uses email as its primary source of communication with students who need support under the Support for Students Policy 2023. Make sure you check your University email regularly and respond to any communications received from the University.

Learning resources and detailed information about weekly assessment and learning activities can be accessed via Canvas. It is essential that you visit your unit of study Canvas site to ensure you are up to date with all of your tasks.

If you are having difficulties completing your studies, or are feeling unsure about your progress, we are here to help. You can access the support services offered by the University at any time:

Support and Services (including health and wellbeing services, financial support and learning support)
Course planning and administration
Meet with an Academic Adviser

WK Topic Learning activity Learning outcomes
Week 01 Introduction Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 02 Should we care about inequality? Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 03 Theories of distribution Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 04 Modern and pre-modern forms of inequality Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 05 Global inequality in historical perspective Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 06 Global inequality in the neoliberal era Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 07 Inequality within nations Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 08 Social and cultural mechanisms Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 09 Political mechanisms Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 10 The return of wealth inequality Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 11 Housing and inequality Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 12 Technofeudalism? Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4
Week 13 Reform and alternatives Lecture and tutorial (2 hr) LO1 LO2 LO3 LO4

Attendance and class requirements

  • Attendance: According to Faculty Board Resolutions, students in the Faculty of Arts and Social Sciences are expected to attend 90% of their classes. If you attend less than 50% of classes, regardless of the reasons, you may be referred to the Examiner’s Board. The Examiner’s Board will decide whether you should pass or fail the unit of study if your attendance falls below this threshold.

  • Lecture recording: Most lectures (in recording-equipped venues) will be recorded and may be made available to students on the LMS. However, you should not rely on lecture recording to substitute your classroom learning experience.

  • Preparation: Students should commit to spend approximately three hours’ preparation time (reading, studying, homework, essays, etc.) for every hour of scheduled instruction.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

Topics and readings by week

 

All readings listed below are required and can be accessed through the Library’s reading list system Leganto, available on Canvas.

 

Week 1: Introduction

 

No readings.

 

Week 2: Should we care about inequality?

 

Friedrich A. Hayek, Law, legislation and liberty Vol.2 The mirage of social justice (University of Chicago Press, 1976): pp. 62-85.

 

Hilary Wainwright, Arguments for a new left: answering the free-market right (Verso, 1994): ch. 2 ‘Frederick Hayek and the social-engineering state’.

 

Week 3: Theories of distribution

 

Alex Callinicos, Equality (Polity, 2000): pp. 36-64.

 

Nancy Fraser, ‘From redistribution to recognition? Dilemmas of justice in a “post-socialist” age’, New Left Review, I/212, 1995.

 

Week 4: Modern and pre-modern forms of inequality

 

Ellen Meiksins Wood, Empire of capital (Verso, 2003): ch. 1 ‘The detachment of economic power’.

 

Alain de Botton, Status anxiety (Penguin, 2004): ch. 3 ‘Equality, expectation and envy’.

 

Week 5: Global inequality in historical perspective

 

David McNally, Another world is possible (Arbeiter, 2002): ch. 4 ‘The colour of money: race, gender, and the many oppressions of global capital’.

 

Branko Milanovic, Global inequality: a new approach for the age of globalization (Harvard University Press, 2016): ch. 3 ‘Inequalities among countries’.

 

Week 6: Global inequality in the neoliberal era

 

Alastair Greig, David Hulme and Mark Turner, Challenging global inequality: development theory and practice in the 21st century (Palgrave, 2007): ch. 6 ‘The framework of early 21-century development’.

 

Ilias Alami and Vincent Guermond, ‘The color of money at the financial frontier’, Review of International Political Economy, 30 (3), 2022.

 

Week 7: Inequality within nations

 

T.H. Marshall, ‘Citizenship and social class’, in Christopher Pierson and Francis G. Castles (eds.), The welfare state. A reader (Polity, 2000).

 

Anthony B. Atkinson (2015). Inequality: what can be done? (Harvard University Press, 2015): ch. 1 ‘Setting the scene'.

 

Week 8: Social and cultural mechanisms

 

Annette Lareau, ‘Invisible inequality: social class and childrearing in black families and white families’, American Sociological Review, 67 (5), 2002.

 

Lisa Adkins and Maryanne Dever, ‘Toward a political economy of the long term’, in Scott Herring and Lee Wallace (eds.), Long term: essays on queer commitment, Duke University Press, 2021.

 

Week 9: Political mechanisms

 

Naomi Klein, Shock doctrine (Metropolitan, 2007): Introduction.

 

Isabel Lorey, State of insecurity (Verso, 2015): Introduction, ch. 1, and ch. 4.

 

Week 10: Piketty and wealth inequality

 

Thomas Piketty, Capital in the twenty-first century, Cambridge, MA: Harvard University Press: pp.1-27.

 

Céline Bessière and Sibylle Gollac, The gender of capital: how families perpetuate wealth inequality (Harvard University Press, 2023): ch. 2 ‘Family reproduction versus women’s wealth’.

 

Week 11: Housing and inequality

 

Alan Morris, ‘Housing and inequality in Australia’, The Economic and Labour Relations Review, 34 (1), 2023.

 

Lisa Adkins, Melinda Cooper, Martijn Konings, ‘Class in the 21st century: asset inflation and the new logic of inequality’, Environment and Planning A: Economy and Space, 53 (3), 2021.

 

Week 12: Technofeudalism?

 

Jenna Burrell and Marion Fourcade, ‘The society of algorithms’, Annual Review of Sociology, 47 (1), 2021.

 

Janet Roitman, ‘Platform economies: Beyond the North-South divide’, Finance and Society, 9 (1), 2023.

 

Week 13: Reform and alternatives

 

Mike Savage, The return of inequality: socialcChange and the weight of the past (Harvard University Press, 2021): ch. 11 “What is to be done?”.

 

Arundhati Roy, Power politics (South End Press, 2001): ‘The ladies have feelings, so … shall we leave it to the experts?’.

 

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. understand and outline various concepts of economic inequality and how it may be measured
  • LO2. understand and outline factors that impact inequality in the global economy
  • LO3. think critically about various perspectives on inequality and contribute to debates surrounding it
  • LO4. analyse and discuss research on particular aspects of inequality
  • LO5. explore a current topic in inequality of your choosing using your own sources
  • LO6. use academic sources to conduct independent scholarly research on an aspect of inequality with clear aims and conclusions
  • LO7. display scholarly social science research skills with clear discussion in both written and oral form.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

This is the first time this unit has been offered.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

This unit of study outline was last modified on 14 Feb 2025.

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