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The objective of this course is to introduce students to the study of political economy, with an emphasis on the relationship between politics and economics in the international economy. The course draws on concepts and approaches from political science, economics, history, and sociology in order to offer the student a broad introduction to current issues in political economy. The course focuses on competing explanations for international political and economic forces; the processes, structures, and current issues of controversy in the world economy today.
Underlying Theoretical Perspectives on the Global Political Economy. Mercantilism and Liberalism. Structuralism. Critical perspectives. Global security, Knowledge and Power . Globalization and International Trade. Politico-Economic Transformation in Eastern Europe, China and the Former Soviet Union. Democratization and Development in less Developed Countries. Military and Non-Military Approaches to National And International Security. Environmentally Sustainable Development.
Upon succesful completion of this course, a student will be able to
1. Demonstrate a broad understanding of key theories and empirical findings in the literature of political economy.
2. Explain the major theoretical perspectives on international political economy, the assumptions concerning appropriate unit of analysis and nature of interactions between units on which they are based, and their implications for policy.
3. Consider political aspects of real-world economic problems and policies and economic aspects of real-world political conflicts, behavior and outcomes.
4. Make critical evaluations of methodological issues and problems in existing studies.
5. Demonstrate a basic knowledge of commonly used methodological tools in studies of political economy, including randomized experiments, multiple regressions, and comparative case studies.
6. Learn how military and nonmilitary aspects on national and international security compete and integrate with each other.
7. Explain the importance of ecological constraints on economic growth and development.
8. Develop, refine and present a research proposal for their own original research.