Tantárgy adatlap

A tantárgy szakmai tartalma: International political economy has been an independent field of science the 1970s, when scientist coming from different fields started to work together and used an interdisciplinary approach to understand economic processes. The goal of international political economy is not to build general models of the global economy but rather to understand the causes of, and the outcome of those real-life events, that shape our world economy. In order to do that, a multidisciplinary approach is needed.
The goal of the course is to widen students’ knowledge and perspective about the world economy by adding additional perspectives to their already existing knowledge. The goal is to augment those theories of international economics and their main findings with a more sophisticated approach. The course will start with the brief introduction of the main perspectives of IPE, which will be followed by a “sectoral” approach. We will go through on problems related to trade, monetary and exchange rate policy and finance. We will deal again with transnational corporations as well.

Évközi tanulmányi követelmények: None

Vizsgakövetelmény: Written final exam

Az értékelés módszere: Final grade will be based upon a written exam including small open questions (concepts and definitions) and two essays (15 points each) for 50 points total. Final grades are awarded according to the standard Hungarian grading scale (51%: 2, 63%: 3, 75%: 4, 87%: 5). Grades are non-negotiable. Please take into account that any complaints concerning the points of the final written exams (except for obvious adding mistakes) will result in a re-evaluation of the entire test.

Tananyag leírása: Date of class (lecture - seminar) Topics to be discussed, readings required for the class
1st week The concept of political economy – political economy vs economics
Reading: Oatley chapter 1, Gilpin chapters 2, 3
2nd week
The concept of international political economy – different approaches, schools of thought
Reading: Oatley chapter 1, Gilpin chapter 1.
3rd week
Trade policy 1. – theories of trade policy making
Reading: Oatley chapters 4 and 5
4th week
Trade policy 2. – trade policy and trade and development
Reading: Oatley chapters 6 and 7
5th week
Monetary policy 1. – theoretical foundations
Reading: Oatley chapters 10-13
6th week
Monetary policy 2. – policy decisions
Reading: Oatley chapters 10-13
7th week The political economy of international cooperation
Reading: Gilpin chapter 4
8th week
The global trading system
Reading: Oatley chapters 2-3, Gilpin chapter 8
9th week No class, spring break
10th week
The evolution of the monetary system
Reading: Oatley chapters 10-13 Gilpin chapter 9
11th week
The financial system and financial crises
Reading: Oatley chapters 14-15, Gilpin chapter 10
12th week
The political economy of transnational corporation
Reading: Oatley chapters 8-9, Gilpin chapter 11
13th week Development and the state
Gilpin chapter 12
14th week Globalization – think it again
Reading: Oatley chapter 16, Gilpin chapters 14 and 15
Summary

Órarendi beosztás: According to Neptun

Kompetencia leírása: By completing this course, you will
• understand the basic problems of international cooperation;
• understand and analyse domestic policy decisions of trade policy;
• understand and analyse domestic policy decisions of monetary policy;
• understand the problems of the financial system
• understand the political strugle inside countries over economic policy,
• understand the problems of global negotiations.

Félévközi ellenőrzések: None

A hallgató egyéni munkával megoldandó feladatai: None

Szak neve: International Relations BA

Irodalomjegyzék:
Kötelező irodalom:

• Oatley, Thomas (2012): International political economy
• Gilpin, Robert (2001): Global political economy

Ajánlott irodalom: