At the outset, a definition is provided as to what constitutes international political economy. The course then seeks to explain the interactions between political and economic forces, including the political and economic consequences on states, and markets, and on countries of the south. Three broad areas are covered. First, the liberal, realist and Marxist models of international political economy as they apply to International Relations; second, the structure of the world economy involving economic, financial and political relations, including essential actors such the IMF and World Bank, their roles and their relationships with courtiers of the south. Finally, the future of international political economy is examined, including its theoretical implications.
Assessment: Course work (60%), exam (40%).
Note: This is an old course. See 4.25504 for a description of the new course.