Print Version

Effective: Summer 2015

Advisory: Advisory: Demonstrated proficiency in English by placement as determined by score on the English placement test OR through an equivalent placement process OR completion of ESLL 25 & ESLL 249; not open to students with credit in ECON 9, 9H or POLI 9H.
Grade Type: Letter Grade, the student may select Pass/No Pass
Not Repeatable.
FHGE: Social & Behavioral Sciences Transferable: CSU/UC
4 hours lecture. (48 hours total per quarter)

Student Learning Outcomes -
  • Critically Analyze contending Theoretical Formulations of the International Political Economy
  • Critically Analyze contending Theoretical Formulations of the International Political Economy; Political Economy 09 was taught in Fall Quarter as part of Political Economy 09H in the same classroom at the same time without any difference except for the Critical, Analytical, Research Paper assignment of 15 pages for students enrolled in this section of the course. The reflection on this course has been addressed in Political Economy 09H and submitted earlier. Since the assessment has already be submitted as Political Economy 09H, there is nothing new to add here. If it were the case that the assessment submitted as Political Economy 09H could be copied and pasted here that would have been done. However, given the difficulty in copying and pasting that submission here, the original submission as Political Economy 09H stands as the submission for Political Economy 09.
Description -
Analysis of the contending theoretical formulations of International Political Economy (IPE) emphasizing the interconnection between economics and politics in the broad context of a global economy and the formulation of national public policy. Economic and political policy issues of current national and international significance are emphasized.

Course Objectives -
The student will be able to:
  1. Identify and analyze the contending theoretical formulations of the international political economy and their interconnections.
  2. Critically evaluate the international political economy including trade, finance and development within the broad context of world politics.
  3. Assess competing analytical and theoretical models used in the study of political economy particularly in evaluating the historical development and current operation of the world economy.
  4. Identify the central structural and historical features of the global political economy and their changing circumstances in a global market.
  5. Identify and critically analyze some of the leading policy issues in the global political economy such as global finance, trade, terrorism, non-governmental organizations and the role of international economic institutions such as: the World Bank, International Monetary Fund (IMF), Inter-American Development Bank (IDB), and trade blocs in social, economic and national development strategies.
  6. Identify and systematically analyze the political ideologies underlying global political economy issues.
  7. Analyze the role of the World Trade Organization (WTO) in the IPE.
Special Facilities and/or Equipment -
When taught as an online distance learning section, students and faculty need ongoing and continuous Internet and Email access.

Course Content (Body of knowledge) -
  1. Analysis of contending theoretical formulations of Political Economy
  2. Analysis of the nature of politics and economics, power and wealth
  3. Analysis of Globalization, the international political economy, national security and their effects on governments, societies and citizens
    1. Investigate the role of Socialist economics in the Capitalist World Economy
    2. Analysis of International finance in the IPE
    3. Examine the role of Multinational corporations in the IPE
    4. Assess the role of Non-governmental organizations in the IPE
  4. Economic theory and history
    1. Capital flows
    2. International trade
  5. International development; population, poverty
  6. Contemporary Problems in political economy such as indigenous populations, environment, poverty, status of women
  7. Socio-economic organizations
    1. Laissez faire, mixed economy, socialism
    2. Marxism,facism, and corpatism
  8. Extent and role of the public, quasi-public, and private sectors: Government, proprietorship, partnership and corporation
  9. Sustainable capacity-building and government role
    1. Infrastructure
    2. Allocation distribution
    3. Stabilization
    4. Education, research and development
    5. Institutions in monetary and fiscal policies
    6. Environment, workplace safety
    7. Resource conservation
  10. Geopolitics vs geo-economics
    1. Protectionism, trade issues, industrial policy
    2. Colonialism and revolution
  11. American impacts
    1. World War 1 and the 1920's
    2. Great depression, New Deal, Keynesianism, World War II and Globalism
    3. Cold War, affluence, poverty, fair deal, new frontier, Great Society
  12. Efforts to restructure and downsize
    1. Intermestic linkages
    2. Ethnic fragmentation, welfare state, entitlements
  13. Regionalism: NAFTA, European Community (European Union), APEC
    1. IGO's, NGO's, IMF
    2. IBRD, WTO, MNC's
  14. Democracy, efficiency and justice: Meeting the needs of all
  15. Methodological approaches: Contending theories in the International Political Economy.
Methods of Evaluation -
  1. Mid-term examination
  2. Analytical research paper (15pp) demonstrating substantial knowledge of the use of the scientific method in research and analysis
  3. Active participation in class discussions demonstrating critical analytical understanding and synthesis of the issues
  4. Cooperative/collaborative learning tasks
  5. Individual conferences in order to evaluate and advise students on the development of original thought and analytical techniques.
  6. Active participation in group oral presentation on assigned topics
Representative Text(s) -
Benn, Dennis & Hall, Kenneth (eds) Globalization A Calculus of Inequality: Perspectives from the South, Ian Randle Publishers, Jamaica 2000
Cohn, Theodore H. Global Political Economy: Theory and Practice. 4th ed. New York: Pearson Longman, 2008.
Goddard, C. Roe, Patrick Gronin, and Kishore C. Dash. International Political Economy: State-Market Relations in a Changing Global Order. Lynne Rienner, 2005.
McWilliams, Wayne C. and Piotrowski, Harry. The World Since 1945. 8th ed. Lynne Rienner, 2013.
Ravenhill,John Global Political Economy, 4th ed. Oxford University Press,New York, 2011.
Seligson, Mitchell A and Passe-Smith, John T. Development and Underdevelopment: The Political Economy of Global Inequality. 5th ed. Lynn Rienner, 2014.
Wallerstein, Immanuel The Modern-World System I: Capitalist Agriculture and the Origins of the European World-Economy in the 16th Century, Academic Press, New York, 1974.
Wallerstein, Immanuel The Modern-World System III: The Second Era of Expansion of the Capitalist World Economy, 1730-1840s, Academic Press 1974.
Fusfeld,Daniel, The Age of the Economist, Addison-Wesley Publishing, 9th Edition, 2004.

NOTE: Although some of these texts are older than the suggested "5 years or newer" standard,they still remain seminal pieces of scholarship (texts) in this area of study.

Disciplines -
Political Science or Economics
Method of Instruction -
  1. Weekly formal lectures
  2. Class discussions
  3. Oral presentations on assigned class modules
  4. Literature search.
  5. Small group research projects reporting back to class
Lab Content -
Not applicable.
Types and/or Examples of Required Reading, Writing and Outside of Class Assignments -
  1. Weekly reading assignments of required texts (200 pp) that are linked to class modules.
  2. Accessing the New York Times, The Economist (online versions) to keep abreast of worldwide economic and political issues and informing class of findings
  3. Accessing online versions of the Foreign Affairs, Foreign Policy and other relevant journals that will assist students in their knowledge of relevant issues.
  4. Development of Fifteen Page Research Paper topic, thesis and outline in conjunction with instructor
  5. Fifteen page critical analytical research paper utilizing the investigative research methods and analysis