International Political Economy(RI304)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| RI304 | International Political Economy | 6 | 3 | 3 | 0 | 3 | 5 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | French |
| Course Type | Compulsory |
| Course Level | Bachelor Degree |
| Course Instructor(s) | Feride Selcan SERDAROĞLU POLATAY sserdaroglu@gsu.edu.tr (Email) |
| Assistant | |
| Objective |
This course aims to explain the theories that form the basis of the conceptual framework of international political economy and to analyze fundamental global economic phenomena using this framework. The main currents are discussed along with their hypotheses, which have evolved under the influence of major debates in international relations. Additionally, the contributions of non-Western conceptual and factual debates to this field are emphasized. The course examines how global economic structures are shaped by exploring studies on state and corporate strategies, global trade, regionalism movements, monetary policies, and financial governance. |
| Content |
The course has two main parts: - The development of theories from the formation of the International Political Economy (IPE) field to the present day. - Providing students with a framework for explaining and theoretically analyzing fundamental economic facts from a historical perspective. |
| Course Learning Outcomes |
A student who successfully completes this course will: - Become proficient in the conceptual framework of international political economy. - Can analyze the relationship between the development of theories and the international/global economic context of relevant periods. - Enhance their knowledge of international/global economic phenomena and be capable of scientifically discussing current issues in the world economy. |
| Teaching and Learning Methods | The course is primarily based on the explanation of International Political Economy (IPE) theories. Students can supplement their course notes by reading key texts that contribute to the development of these concepts. Current analyses and evaluations of concrete issues are also shared with students in the second part of the course to reinforce the material covered. Additionally, a list of films and documentaries is provided as visual resources to support and deepen their understanding. |
| References |
Daron Acemoğlu, James Robinson, Why Nations Fail ? The Origins of Power, Prosperity and Poverty, Profile Books, 2013 Amitav Acharya, “After liberal hegemony: the Advent of multiplex world order”, Ethics & International Affairs, 31, No .3, 271-285, 2017 Samir Amin, “Accumulation and development: a theoretical model”, Review of African Political Economy, 1:1, 9-26 , 1974 David Balaam, Bradford Dillman, Uluslararası Ekonomi Politiğe Giriş, İstanbul, Adres Yayınları, 2018 Dario Battistella, « L’économie politique internationale », Théories des relations internationales, Presses de Sciences Po, 2003, pp. 399-432 Walden Bello, Deglobalization: Ideas for a New World Economy, 2002 Tanja A. Börzel, Thomas Risse (Eds.), The Oxford Handbook of Comparative Regionalism, Oxford, Oxford University Press, 2016 Christian Chavagneux, Economie politique internationale, Repères, Paris, La Découverte, 2010 Robert W. Cox, Social Forces, States and World Orders : Beyond Internationl Relations Theory, Millenium – Journal of International Studies, Volume 10, No:2, 1981, pp. 126-155 Robert W. Cox, « Multilateralism and World Order », Review of International Studies, Vol.18, No:2 (April 1992), pp: 161-180 Robert W. Cox, The Political Economy of a Plural World, London, Routledge, 2002 Mahfi Eğilmez, Tarihsel Süreç İçinde Dünya Ekonomisi, İstanbul, Remzi Kitabevi, 2018 Robert Gilpin, The Political Economy of International Relations, Princeton University Press, New Jersey, 1987 Uluslararası İlişkilerin Ekonomi Politiği, Ankara, Kripto Yayınları, 2012 (2. Baskı) Global Political Economy, Princeton and Oxford, Princeton University Press, 2001 Abbas Mehdi, « L’économie politique internationale entre théories et histoire”, Recherches internationales, n° 88, octobre-décembre 2010, pp. 47-72. Gérard Kébabdjian, Les théories de l’économie politique internationale, Paris, Points, Editions du Seuil, 1999 Robert O. Keohane, “The Demand for International Regimes”, International Organization, Vol. 36, No:2, (International Regimes), 1982, pp. 325-355. Robert O. Keohane and Lisa L. Martin, “The Promise of Institutionalist Theory”, International Security, Vol. 20, No:1, Summer 1995, pp. 39-51. Thomas Piketty, Le capital au 21e siècle, Paris, Seuil, 2013 Karl Polanyi, Büyük Dönüşüm. Çağımızın Siyasal ve Ekonomik Kökenleri (La Grande Transformation), İstanbul, İletişim Yayınları, 2003 Michel Rainelli, Le commerce international, Repères, Paris, La Découverte, 2015 (11e édition) Dani Rodrik, The Globalization Paradox: Democracy and the Future of the World Economy, New York and London, W.W. Norton, 2011 Amartya Sen, Development as Freedom, New York, Random House, 2000 Susan Strange, «Cave! Hic Dragones: A Critique of Regime Analysis”, International Organization, Vol. 36, No:2, Spring 1982, pp. 479-496 Susan Strange, « The Persistent Myth of the Lost Hegemony », International Organization, Vol. 41, No:4, Autumn 1987, pp. 551-574 Susan Strange, « Political Economy and International Relations », Ken Booth and Steve Smith, International Relations Theory Today, Penn State Press, 1997, pp. 154-174 Peter A.G. Van Bergeijk, Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession, Cheltenham, Massachusetts, Edward Elgar Publishing, 2019 Immanuel Wallerstein, « Long Waves as Capitalist Process », Review, VII, 4, Spring 1984, pp. 559-575 Immanuel Wallerstein, “The Rise and Future Demise of World-Systems Analysis”, Review, Vol. 21, No. 1 (1998), pp. 103-112 + Alternatives économiques Films/Documentaries: Alex Gibney, Enron: The Smartest Guys in the Room, 2005: https://www.youtube.com/watch?v=_0vRuHn9MmI Abderrahman Sissako, Bamako, 2006: https://www.youtube.com/watch?v=jQ8dYSMW9i8 Michael Moore, Capitalism: A Love Story, 2009: https://www.youtube.com/watch?v=cK4H79j1I4A Charles Ferguson, Inside Job, 2010: https://www.youtube.com/watch?v=T2IaJwkqgPk Costa-Gavras, Le capital, 2012 Stéphane Brizé, La loi du marché, 2015 Robert B. Reich, Saving Capitalism, 2017 Steven Soderbergh, The Laundromat, 2019 Justin Pemberton, Thomas Piketty, Le capital au XXIe siècle, 2020 |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | The theoretical framework: from IPE to Global Political Economy : The "fundamentals": Realism, Liberalism, and Marxism |
| 2 | The neo-neo debate and its impacts on IPE: Hegemonic Stability Theory |
| 3 | Decline theses: The myth of American hegemony |
| 4 | Transnationalism and state-market dynamics |
| 5 | The "new" perspectives: Critical IPE, Constructivism |
| 6 | Global perspectives on IPE: Non-Western views |
| 7 | The actors and domains of international economic governance : The reconfiguration of the global economy: states and firms 1 |
| 8 | Mid-term |
| 9 | The actors and domains of international economic governance : The reconfiguration of the global economy: states and firms 2 |
| 10 | International trade as a vector of globalization and deglobalization 1 |
| 11 | International trade as a vector of globalization and deglobalization 2 |
| 12 | Regionalisms in the world and continental powers |
| 13 | Monetary policies, capital flow, and financial governance issues 1 |
| 14 | Monetary policies, capital flow, and financial governance issues 2 |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 50 |
| Contribution of final exam to overall grade | 1 | 50 |
| Toplam | 2 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 0 | 0 |
| Presentation | 0 | 0 |
| Midterm Examinations (including preparation) | 1 | 50 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Make-up | 0 | 0 |
| Toplam | 1 | 50 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 1 | To have a detailed knowledge on the principal concepts, actors and components of the international system | X | ||||
| 2 | To master the fundamentals such as history, law, economics, sociology and political science required by the multidisciplinary nature of International Relations | X | ||||
| 3 | Pouvoir analyser la pratique à partir d’une infrastructure théorique assimilée | X | ||||
| 4 | To have acquired the capability of specializing on a particular theme and/or region | X | ||||
| 5 | In the light of Galatasaray University’s traditional and institutional links with Europe, to have developed the ability to contribute to Turkey’s accession process to the EU in a concrete manner | X | ||||
| 6 | To interpret and explain Turkish foreign policy through its domestic components as well as from the perspective of the international system | X | ||||
| 7 | To have reached the necessary level of competence to be able to undertake a career at the Ministry of Foreign Affairs as well as other state institutions and/or the private sector | X | ||||
| 8 | Possess the required skills to work at various international organizations and NGOs | X | ||||
| 9 | To be in perfect command of French, teaching language of Galatasaray University, and of English, its mandatory language, at the academic -with a view to write a thesis/project/book in the field of International Relations- as well as the professional level | X | ||||
| 10 | To have the capacity to utilize the methodological instruments acquired throughout the studies at any conceptual and/or academic work | X | ||||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 14 | 2 | 28 |
| Assignments | 0 | 0 | 0 |
| Presentation | 1 | 6 | 6 |
| Midterm Examinations (including preparation) | 1 | 40 | 40 |
| Project | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Other Applications | 0 | 0 | 0 |
| Final Examinations (including preparation) | 0 | 0 | 0 |
| Quiz | 0 | 0 | 0 |
| Term Paper/ Project | 0 | 0 | 0 |
| Portfolio Study | 0 | 0 | 0 |
| Reports | 0 | 0 | 0 |
| Learning Diary | 0 | 0 | 0 |
| Thesis/ Project | 0 | 0 | 0 |
| Seminar | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| Make-up | 0 | 0 | 0 |
| Total Workload | 116 | ||
| Total Workload / 25 | 4.64 | ||
| Credits ECTS | 5 | ||