Faculty of Business and Management Sciences · Business Administration (English 30%) · Undergraduate
Course Objective
This course examines the intersection of politics and economics in the global system, providing an in-depth analysis of the development, structure, and operation of the international political economy (IPE).
Course Content
It explores the historical evolution of economic systems, globalization, trade regimes, and development challenges. Special focus is given to the WTO, neoliberal policies, and critical perspectives such as mercantilism, structuralism, and green theory. Students will critically assess globalization’s impacts, particularly its negative effects on less developed countries, and gain insight into sustainability, inequality, and the digital economy in the global economy.
Required Resources
- Balaam, D. N., & Dillman, B. (2019). Introduction to international political economy (7th ed.). Routledge. ISBN: 978-1-138-20699-1
- Oatley, T. (2023). International political economy (7th ed.). Routledge. ISBN: 978‑1‑032‑23269-0
- Ravenhill, J. (2017). Global political economy (5th ed.). Oxford University Press. ISBN: 978-0-19-107133-1
- Cohn, T. H., & Hira, A. (2020). Global political economy: Theory and practice. Routledge.
Recommended Resources
Acemoglu, D., & Robinson, J. (2012). Why Nations Fail: The Origins of Power, Prosperity, and Poverty.
- Paul Krugman and Maurice Obstfeld. 2023. International Trade: Theory and Policy. 12th Global Edition. Pearson.
- Niall Ferguson, The Ascent of Money: Financial History of the World. (2008) Penguin Press.
- Dani Rodrik. The globalization paradox: democracy and the future of the world economy. New York (2011).
- Acemoglu, D. & J.A. Robinson (2019) The Narrow Corridor: States, Societies, and the Fate of Liberty. Penguin Press.
- Economist Magazine, Financial Times, Wall Street Journal, and Ekonomi Gazetesi.
Course Learning Outcomes
- GATT and WTO struckture
- IMF and World Bank
- International political economy
- Mercantilism, liberal and socialist economic policies
- Free Trade Zone and Customs Union
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 4 | 64 |
| Midterm | 1 | 2 | 2 |
| Quiz | 2 | 1 | 2 |
| Assignment | 2 | 4 | 8 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction | Introduction |
| 2 | International Political Economy | Chapter 1 |
| 3 | The World Trade Organization and the Word Trade System | Chapter 2 |
| 4 | The Political Economy of InternationalTrade Cooperation | Chapter 3 |
| 5 | A Society-Centered Approach to Trade Politics | Chapter 4 |
| 6 | Quiz 1 | Study |
| 7 | Review | Review |
| 8 | Midterm Exam | Midterm Exam |
| 9 | Scoring the Trump Economy Plan: Trade, Regulatiory, Energy Policy Impacts | Scoring the Trump Economy Plan: Trade, Regulatiory, Energy Policy Impacts |
| 10 | A State-Centered Approach to Trade Politics | Chapter 5 |
| 11 | Trade and Development I: Import Substitution Industrializaiton | Chapter 6 |
| 12 | Trade and Development II: Economic Reform | Chapter 7 |
| 13 | Article: Prebisch-Singer | Reading the related article |
| 14 | Quiz 2 | preparation for the quiz |
| 15 | Review | Review |
| 16 | Final Exam | Final Exam |


