Course Objectives: The objectives of this course are to familiarize with the theories and dynamic linkages among markets, states and institutions, and civil society in the regional and global context; perceive political foundations and consequences of the contemporary world economy; and gain the understanding of the significance of increased transnational economics in relations between governments
Course Outcomes (COs):
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24MIR 423-A |
International Political Economy (Theory) |
Upon completion of this course, students will be able to: CO127: define the conceptual concerns of international political economy and understand its interdisciplinary nature. CO128: analyze various approaches to international political economy, and understand how these perspectives shape the understanding of global economic relations. CO129: identify potential roles of the economic institutions in the working of international political landscape. CO130: understand regionalism in the context of international political economy, analyzing regional blocs. Also examine the impact of globalization on domestic politics and the roles of states and political actors in a globalized economy. CO131: analyze the politics surrounding global imbalances between the Global South and the Global North, and examine key issues in the context of international political economy. CO132: Contribute effectively in Course specific interaction. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, Power Point Presentation Learning activities for the students: Self-learning assignments, Effective questions, Seminar presentation, Giving tasks. |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Conceptual concerns- Definitions, Nature, assumptions, Scope
Approaches: Realist; Liberal, Marxist
Global Economic Governance: WTO, IMF, GATT; NIEO
MNCs and FDI
Regionalism in International Political Economy- ASEAN, EU, NAFTA, SAFTA
Globalisation and domestic politics; States and Political actors in globalised economy
Politics of Global imbalances- global south & global north
Energy, Environment, International Migration & Technology
Ø Balaam, D., &Dillman, B. (2011). Introduction to International Political Economy (5 ed.). New Jersey: Pearson Education
Ø Cohn, T. H. (2010). Global Political Economy: Theory and Practice (5 ed.). New Jersey: Pearson Education
Ø Gilpin, R. (2000). The Challenge of Global Capitalism: The World Economy in the 21st Century. Princeton and Oxford: Princeton University Press
Ø Ravenhill, J.(2005)Global Political Economy. New York: Oxford University Press
Ø Strange, S. (1996). The Retreat of the State: The Diffusion of Power in the World Economy. New York: Cambridge University Press
Ø Baylis, J. &Smith S.(2005). The Globalization of World Politics. New Delhi: Oxford University Press
Ø Baker, A. (2008).Governing Financial Globalization: International Political Economy and Multi-Level Governance. London:Routledge
Ø Burnell, P. & Randall, V. (2005). Politics in the Developing World. Oxford: Oxford University PressDunn, B. (2001).Global Political Economy: A Marxist Critique. London: Pluto Press
Ø Hoekman, B. &Kostecki M. (2009). The Political Economy of the World Trading System: The WTO and Beyond. Oxford: Oxford University Press
Ø Karns, M. &Mingst K. (2005)International Organizations: The Politics and Processes of Global Governance. New Delhi: Viva Books
Ø Narlikar, A. (2005)The World Trade Organisation: A Very Short Introduction. New Delhi: Oxford University Press
Ø World Trade Organization (2007) World Trade Report 2007 .Geneva: WTO
Ø Gilpin, R. (2001)Global Political Economy: Understanding the International Economic Order, Princeton: Princeton University Press
Ø Przeworski, A. (2003). States and Markets: A Primer in Political Economy. New York: Cambridge University Press
Ø Cohen, B. (2003) The Future of Money Princeton: Princeton University Press
Ø O’Brien & Williams (2004) Global Political Economy: Evolution and Dynamics. New York; Palgrave