GOV 360N • 11-International Political Economy
11:00 AM-12:30 PM
Course number may be repeated for credit when topics vary. Upper-division standing required. This is an introductory course to the study of international political economy. Its primary focus will be the reciprocal interaction between markets and political behavior in the anarchical international system. We will explore such questions as why do states trade? Under what conditions do governments restrict international commerce? How does capital mobility constrain national economic policy? What is the role of international organizations such as the IMF and the World Bank in fostering development? Do extensive natural resource endowments limit long-term economic growth? The course is structured so as to create a dialogue between scholarship in political science and economics on three broad topics: the political economy of international trade, international monetary relations, and development. At the beginning of each section, we will spend the first few classes introducing economic theories that explain the causes and consequences of international commerce, capital flows, and economic growth. Then we will explore how political interests, institutions, and ideas alter these predictions while keeping in mind both relevant historical examples and current policy debates.
Attendance and Participation 10% Midterm 1 25% Midterm 2 25% Final 40%