Bachelor
2022/2023
International Political Economy
Type:
Elective course (International Relations)
Area of studies:
International Relations
Delivered by:
School of International Affairs
When:
3 year, 1, 2 module
Mode of studies:
offline
Open to:
students of one campus
Language:
English
ECTS credits:
4
Contact hours:
48
Course Syllabus
Abstract
During the course, students will study the key issues and problems relating to political regulation of international economic relations, including world trade, the global financial system, global value chains, problems of global governance, such specific features of the modern international political economy as economic sanctions, etc. Close attention will be paid to the study of international institutions, the political role of states, use of different economic instruments of the foreign policy, and ability to make projections about the future.
Learning Objectives
- Make proof of their awareness of the convergence of politics and business and the associated challenges companies face in a competitive global environment
- Be able to critically reflect upon the salience of idealism and realism in international affairs
- Formulate coherent, comprehensive and informed positions on problems of global politics
- Know where to document themselves reliably on global problems
Expected Learning Outcomes
- To point out the main actors and their roles in international relations
- Explain the main approaches to international relations
- Explain the basic theories of international political economy and the basic concepts of International political economy
- Evaluates the political regulation of international trade
- Evaluates the principles of the global financial system
- Evaluates isolationist and geopolitical explanations of the Regional Economic Association
- analyzes business activity in sensitive areas rich in resources
- To argue the role of non-State actors in international affairs
- Evaluates the political management of international investments
- Explain Russia's interest in trade, reform of the global financial order and the formation of local markets
Course Contents
- 1. Introduction.
- 2. International Political Economy.
- 3. International Trade. Political regulation of International Trade. Sanctions.
- 4. World Financial System. Origins of International Currencies and International Financial Systems. Imbalances accumulating in the Current International Financial System.
- 5. Regionalism and Issues of development.
- 6. Risk management & political analysis. The geo-economy of natural resources.
- 7. Non-state actors: media empires & influence games - reputation management, public relations, economic intelligence.
- 8. Political Management of International Investment: Keeping the Gates of Domestic Financial Market.
- 9. Multinational Corporations and the Internationalization of Production. Political and Market Strategy of the Company.
- 10. Russia’s interests in the world political-economic system (structured discussion).
Interim Assessment
- 2022/2023 2nd module0.15 * Case Study Assignment + 0.1 * In-class Quizzes + 0.25 * Final test + 0.3 * Presentation + 0.2 * Essay
Bibliography
Recommended Core Bibliography
- Constantinos Filis. (2019). A Closer Look at Russia and Its Influence in the World. New York: Nova. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2201865
- Drezner, D. W. (2001). Globalization and Policy Convergence. International Studies Review, 3(1), 53. https://doi.org/10.1111/1521-9488.00225
- Goodhand, J., & Hulme, D. (1999). From wars to complex political emergencies: understanding conflict and peace-building in the new world disorder. Third World Quarterly, 20(1), 13–26. https://doi.org/10.1080/01436599913893
- Identifying political risk management strategies in international construction projects. (2018). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.68B8462C
- Tarzi, S. M. (1999). Chapter 10: Third World Governments and Multinational Corporations: Dynamics of Host’s Bargaining Power. In International Political Economy (pp. 156–166). Taylor & Francis Ltd / Books. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=16877939
Recommended Additional Bibliography
- The Palgrave Handbook of Contemporary International Political Economy edited by Timothy M. Shaw, Laura C. Mahrenbach, Renu Modi, Xu Yi-chong. (2019). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.51626463X