GOV s360N • International Political Economy
10:00 AM-11:30 AM
This course provides an introduction to the study of international political economy (IPE) - the politics of international economic relations. Economic theories of international trade and finance tell us that there are numerous benefits to be had from international economic exchange. But they also tell us that that such economic exchange can create "winners and losers" internationally and domestically. Those actors that are hurt seek redress through political channels. Thus, it is only through an examination of politics that we can understand and explain the patterns of economic activity that we observe. Recent debates concerning the effect of globalization have focused precisely on this interaction between international economic interdependence and the political effects that such interdependence creates. This course will expose students to the basic theories and ideas of international political economy, and analyze and discuss some of the issues raised by globalization. This course is divided into roughly three parts. In the first section, I will provide a broad overview of the relevant political and economic theories that help us to make sense of the material in the rest of the class. In this section, we will also spend some time discussing the historical development of the international economic system. In the second section, we examine some of the challenges and the problems faced by the existing order. In the final section of the course, we will discuss "globalization" and the challenge of governance that globalization poses. While it is helpful to have some background in basic concepts of economics, no prior knowledge or coursework in economic is assumed or required.
The main requirements of the course are two midterms and a final. The final grade will be determined as follows: Participation: 10% (based on attendance) Midterm I: 25% Midterm II: 25% Final: 40%