INTRODUCTION TO INTERNATIONAL POLITICAL ECONOMY (4 SCU)

Learning Outcomes:

On successful completion of this course, students will be able to: 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; Explain the main perspectives on international political economy and theories of international trade and business; Illustrate the governments’ international trade and business policies and their influence on global economy; Analyze the international trade and business phenomena and their contemporary development of today.

Topics:

1. Introduction to International Trade and Economy;
2. Globalisation and Its Discontent;
3. The Golden Age and The Success Stories of The Golden Age;
4. The Collapse of the Established Order and The Return to Protectionism;
5. International Trade and The World Economy: Mercantilism;
6. Absolute Advantage;
7. Comparative Advantage;
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. Structuralist Perspective on International Political Economy;
14. The Relevance of Structuralist Today;
15. An Overview of International Investment;
16. Theories of Foreign Direct Investment;
17. Introducing the Bretton Woods System: IMF, World Bank and GATT;
18. From GATT to WTO;
19. Government Policy: Tariff Barriers;
20. Government Policy: Non-Tariff Barriers;
21. New Agenda in IPE: Multinational Corporations as Agents of International Trade and Business;
22. New Agenda in IPE : Regionalism;
23. An Overview to International Business;
24. Legal, Technological, and Political Force;
25. Country Differences;
26. Ethics and Social Responsibility in International Business;
27. The Foreign Exchange and International Financial Market;
28. The International Monetary System and Exchange Rate;
29. Strategy of International Business;
30. Entry Strategy and Strategic Alliances;
31. Paper Presentation I;
32. Paper Presentation II.