Delivered at:: Faculty of World Economy and International Affairs

Course type:: Compulsory course

When:: 2 year, 1, 2 module

Instructors

Korneev, Konstantin

Печищева Людмила Александровна

Full 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 Relations 2. Introduction to Economics 3. Comparative Area Studies 4. 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 participation
Two 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 exam
Each 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 participation
Two 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 exam
Every 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 module
0.1 * 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 module
0.1 * 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

Bachelor’s Programme 'HSE University and Kyung Hee University Double Degree Programme in Economics and Politics in Asia'

International Political Economy