Bachelor
2023/2024
International Political Economy
Type:
Compulsory course (HSE University and Kyung Hee University Double Degree Programme in Economics and Politics in Asia)
Area of studies:
Foreign Regional Studies
Delivered by:
Faculty of World Economy and International Affairs
When:
2 year, 1, 2 module
Mode of studies:
offline
Open to:
students of one campus
Language:
English
ECTS credits:
4
Contact hours:
60
Course Syllabus
Abstract
International Political Economy (IPE) is a field that explores the interaction between domestic and international factors as well as political and economic forces that shape/change international relations. The topics include IPE theoretical perspectives, international trade theories and regimes, introduction to the macroeconomic analysis, global monetary/financial regimes, cross-border investment and production, international development, and various globalization issues. Some of important contemporary IPE issues will be substantively discussed during the class with mandatory/voluntary student presentation.Pre-requisites:1. Introduction to International Relations2. Introduction to Economics3. Comparative Area Studies4. Economic & Political Geography of Southeast Asia
Learning Objectives
- Understand the key topics, concepts, and issues of IPE
- Differentiate various theoretical perspectives of IPE
- Understand global/regional trade regimes and related IPE issues
- Examine the international monetary and financial relations and the mechanism of global financial crisis
- Understand the meaning of key macroeconomic indicators: national income and output, unemployment, inflation, export/import
- Explore the debates over globalization and its impacts
- Examine the causes and possible consequences of the growing global tension
- Understand the mutual influence of economic and political factors for decision-making by states or other entities (players)
Expected Learning Outcomes
- Able to think critically and interpret the experience (personal and of other persons), relate to professional and social activities
- Able to solve professional problems based on synthesis and analysis
- Improve ability to analyze key prerequisites that determine decision-making process
- Make a forecast of the economic development taking into account factors of financial crisis and geopolitical tension
- Train and advance skills, techniques, and capacities for constructing, presenting, and persuading arguments
- Evaluate a role of international organizations and value of core macroeconomic indicators
- Improve skills of cause-and-effect relationships, assessment of political and socio-economic events, identification of their links with the civilizational context
- Determine trends and patterns of complex development at the global, regional, national-state, and local levels
Course Contents
- Section 1. What is IPE?
- Section 2. Theoretical Perspectives of IPE
- Section 3. International Collaboration and Coordination (I)
- Section 4. International Collaboration and Coordination (II)
- Section 5. Domestic Politics and IPE (I)
- Section 6. Domestic Politics and IPE (II)
- Section 7. International Trade theory and Global Trade regimes
- Section 8. Regionalism and Regional Trade regimes
- Section 9. International Monetary and Financial Regimes (I)
- Section 10. International Monetary and Financial Regimes (II)
- Section 11. Global Financial Crisis (I)
- Section 12. Global Financial Crisis (II)
- Section 13. Key issues of Globalization (I)
- Section 14. Key issues of Globalization (II)
Assessment Elements
- Presentations (Part 1)
- Presentations (Part 2)
- Research work
- Report
- Case-study
- Debates (throughout a module)
- Quiz 1
- Quiz 2
- Attendance and participationTwo absences are excused per term. In case of the student’s absence for a valid reason, the student must provide a Certificate of Illness/Medical Note to the Students’ Office in the span of 1 (one) working day since the end of their sick leave, else their absence will be graded as 0 (zero). Each additional absence beyond the allowed number will lower the final grade for the course by 0,5-point grade without compromise. Additionally, if the student has three or more absences per term without a valid reason, they receive 0 (zero) for the “Attendance” part of the final grade.
- Midterm examEach student answer one question from a pre-proposed list; additional question are possible. The maximum achievable result is 3 points. Every student has 30 minutes to prepare.
- Presentations (Part 1)
- Presentations (Part 2)
- Research work
- Report
- Case-study
- Debates (throughout a module)
- Quiz 1
- Quiz 2
- Attendance and participationTwo absences are excused per term. In case of the student’s absence for a valid reason, the student must provide a Certificate of Illness/Medical Note to the Students’ Office in the span of 1 (one) working day since the end of their sick leave, else their absence will be graded as 0 (zero). Each additional absence beyond the allowed number will lower the final grade for the course by 0,5-point grade without compromise. Additionally, if the student has three or more absences per term without a valid reason, they receive 0 (zero) for the “Attendance” part of the final grade.
- Final examEvery student answer two questions from a pre-proposed list, and the maximum possible result is 4 points for both questions. Also, each student has 40 minutes to prepare, after which it is necessary to start the answer.
Interim Assessment
- 2023/2024 1st module0.1 * Attendance and participation + 0.1 * Case-study + 0.2 * Debates (throughout a module) + 0.3 * Midterm exam + 0.05 * Presentations (Part 1) + 0.05 * Presentations (Part 2) + 0.05 * Quiz 1 + 0.05 * Quiz 2 + 0.05 * Report + 0.05 * Research work
- 2023/2024 2nd module0.1 * Attendance and participation + 0.1 * Case-study + 0.1 * Debates (throughout a module) + 0.4 * Final exam + 0.05 * Presentations (Part 1) + 0.05 * Presentations (Part 2) + 0.05 * Quiz 1 + 0.05 * Quiz 2 + 0.05 * Report + 0.05 * Research work
Bibliography
Recommended Core Bibliography
- Global political economy ed. by John Ravenhill. (2011).
- Oatley, T. H. (2019). International Political Economy : Sixth Edition (Vol. Sixth edition). New York, NY: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1753151
- Theodore H. Cohn. (2016). Global Political Economy : Theory and Practice: Vol. Seventh edition. Routledge.
Recommended Additional Bibliography
- Breslin, S., & University of Warwick. (2002). New Regionalism in the Global Political Economy : Theories and Cases. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=96454
- Gilpin, R., & Gilpin, J. M. (2001). Global Political Economy : Understanding the International Economic Order. Princeton, N.J.: Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=340193
- International Political Economy : Perspectives on Global Power and Wealth Frieden, Jeffry A.; Lake, David A. Routledge 2002 ISBN: ISBN number:9780415222792, ISBN number:9780203518588
- John Ravenhill. (2014). Global value chains and development. Review of International Political Economy, (1), 264. https://doi.org/10.1080/09692290.2013.858366
- Linsi, L., Metinsoy, S., Egger, C., Fuller, G., & Voelkner, N. (2020). The Covid-19 Pandemic:Continuity and Change in the International Political Economy. Globalisation Studies Groningen.
- Palan, R. (2013). Global Political Economy : Contemporary Theories. New York: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=573557
- The Oxford Handbook of the Political Economy and International Trade / ed. by Lisa L. Martin, 2015 DOI: 10.1093/oxfodhh/9780199981755.001.001