INTRODUCTION TO INTERNATIONAL POLITICAL ECONOMY (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – Identify the history of the development of the international trade during the Golden Age until the 21 Centuries and the growing of international business activities; LO2 – Illustrate the governments’ international trade and business policies and their influence on global economy; LO3 – Analyze the international trade and business phenomena and their contemporary development of today.

Topics:

1. Structuralist Perspective on International Political Economy;
2. Paper Presentation I;
3. Introducing the Bretton Woods System: IMF, World Bank and GATT;
4. Globalisation and Its Discontent;
5. Strategy of International Business;
6. International Moneytory, The Foreign Exchange and International Financial Market and exchange rate;
7. Introduction to International Trade and Economy;
8. International Trade and The World Economy: Neo-mercantilism;
9. Heckscher-Ohlin theory;
10. Product Life Cycle;
11. New Trade Theory;
12. Hegemonic Stability Theory;
13. Ethics and Social Responsibility in International Business;
14. Legal, Technological, and Political Force;
15. Government Policy: Tariff Barriers & Non-Tariff Barriers;
16. International Trade and The World Economy: Mercantilism;
17. Absolute Advantage;
18. Comparative Advantage;
19. New Agenda in IPE: Multinational Corporations and regionalism in International Trade and Business.