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School of Politics, International Relations & Philosophy  
 
 
PIR-10058 Introduction to Global Political Economy (GPE)  
Co-ordinator: Prof Bulent Gokay    Room: CBA1.034, Tel:33512  
Teaching Team: Mr Dave  Scrivener, Mrs Paula  Hughes, Prof Bulent  Gokay, Mrs Julie  Street, Dr Philip  Catney, Miss Laura  Barcroft, Mrs Diane  Mason, Ms Ilia  Xypolia  
Lecture Time: See Timetable...  
Level: 1 Credits: 15 Study Hours: 150  
School Office:
 
 
 
Programme/Approved Electives for

International Relations Dual Honours (Level 1)
International Relations Major (Level 1)
International Relations Minor (Level 1)
Politics Dual Honours (Level 1)
Politics Major (Level 1)
Politics Minor (Level 1)
Politics Single Honours (Level 1)

Available as a Free Standing Elective

Yes

Barred Combinations

None

Prerequisites

None

Description

Introduction to Global Political Economy

This course will provide you with an introduction to the key issues, history, and perspectives in the field of Global Political Economy [GPE]. This module is about the structure, it is a &«big picture&ª module that serves as an introduction to the study of GPE.
GPE is a relatively new area of inquiry for analysing International Relations in combination with Political Economy. GPE goes beyond the study of the major global financial and economic actors such as the G-20, IMF and the World Bank to look also at transnational processes such as drug trafficking, illegal arms trade, smuggling goods and people, and laundering the money made from them, their financial products, which are estimated to amount to a trillion dollars annually. It is hard to imagine a world without GPE because the mutual interaction of International Politics and the global economy is today widely appreciated and the subject of much academic research and applied policy analysis. This module includes both mainstream and radical approaches to analysing the global political economy. It is organized in several key parts corresponding to the different kinds of languages/ discourses with which you need to become familiar. In the first part, the module introduces some historical background on the development and elements in the global economy and the perspectives used to makes sense of things. It looks at the world system as a whole, examining the assumptions of different perspectives on political economy. In the second part, we will examine key perspectives and related concepts, models, and empirical evidence. Here we will explain terms such as the balance of payments and comparative advantage and study the discourse of mainstream political economy. The third part of the module builds on the first two as we turn to a critical assessment of the spread of global political economy relationships as experienced in key issue areas. In other words, the module will move from more abstract and broad themes to specific issues.
As this module is designed as an introduction to studying the global political economy, we assume that students do not already have any background in political economy. The module aims to demonstrate how an understanding of GPE can help students to make sense of the current global financial crisis, global news, business investments, and government policies $úby presenting the theories, institutions, and relationships found in GPE in simple ways that still capture the complexity of the global issues and intellectual problems addressed.

Aims

1. to provide students with an introduction to thinking critically about the essential linkages between economics and politics globally by studying a number of contemporary case studies and approaches; 2. to offer an in-depth analysis of the global political economy since the WWII; 3. to enable students to develop a critical perspective on the scholarly debates in the current literature on the GPE and to develop their own perspectives on the linkages between the global economy and international politics.


Intended Learning Outcomes

Recognise and distinguish between the main theories and concepts employed in the study of global political economy will be achieved by assessments: 1, 2
Identify and explain patterns of development in the global political economy since the end of the WWII. will be achieved by assessments: 1, 2
Critically assess the analyses of a range of issues in the global economy offered by the different approaches in the field of global political economy
will be achieved by assessments: 1, 2


Study hours

20 hours: contact time in ten one-hour seminars and ten one-hour lectures
80 hours: preparation for ten tutorials, including for oral presentation
50 hours preparation for 2 hour unseen examination



Description of Module Assessment

01: Tutorial weighted 30%
Performance in tutorials
Tutorial assessment is awarded using the following general criteria: preparation; contribution to group discussion, capacity to take into account the view of the others; relevance of contributions; teamwork; oral presentation. Approximately one-third of the tutorial mark comes from individual or group presentation, another one-third from contribution to group work organised in the class by the tutor, and the remaining one-third from the frequency and quality of weekly contributions.

02: 2 Hour Exam weighted 70%
2-hour unsen exam
a two-hour unseen exam based on the module as taught.


Version: (1.05A) Created: 01/Oct/2013

This document is the definitive current source of information about this module and supersedes any other information.