Print Version

Effective: Summer 2015

Prerequisites: Prerequisite: Honors Institute participant.
Advisory: Advisory: Not open to students with credit in ECON 9, 9H or POLI 9.
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 This course taught in Fall Quarter 2013 had the most unusual group of students I have taught at Foothill College since the 1990's.I was so impressed with their overall performance in class activities and assignments that I invited Dean Hueg to visit the class and observe for himself how unusual they were. Both the Honors and Non-Honors students attend the same class, receive the same instruction, participate in the same activities, do the same assignments except for the critical, analytical research paper assignment. Honors students write a 20 page critical, analytical research paper and Non-Honors students a 15 page paper. Flexibility is provided for an Honors and a non-Honors student to write a research paper together. However, if an Honors and a Non-Honors student choose to write a paper together, that paper must be 20 pages of content with Works Cited in addition. Some 80% of the Honors students were well prepared for college. They demonstrated strong analytical, research and writing skills and were well focused on their academic and professional lives particularly in transferring to some of the finest universities in the US. The majority of non-Honors students on the other hand were inadequately prepared for college: poor study skills, time management problems, difficulties understanding material and unable to undertake research assignments, and inadequate writing and analytical skills. Pairing Honors with Non-Honors within the class and making them work together both in leading specific seminar topics and allowing for the opportunity for groups of two to write the research paper assignment together helped to "raise up" those students who did not have the requisite skill level of preparation for college. Constantly pushing students to strive for excellence in their work and to make excellence the hallmark in all they do, seems to have helped in motivating everyone to work hard at exceeding even the expectations they held of themselves. Working closely with all students in conceptualizing their research paper topic, researching the literature and then formulating the paper coherently and logically seems to have worked well for everyone. In the end, over 80% of students earned letter grades of B and higher. Over 50% of these students enrolled in other classes in Winter and Spring, performed quite well and have now transferred to universities like NYU, UC's, Georgetown, UPenn and others. This unusual group of students have so far remained the finest I have worked with since the 1990's.
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.
As an honors course, it is a full thematic seminar with advanced teaching methods focusing on extensive writing, reading, and research assignments, student lectures, group discussions and interactions. Distinguishing features include: heightened focus on and evaluation of global objectives and components of developed and developing nations, increased depth of analysis and breadth of examination, higher level of student critical thinking. Expanded learning outcomes and fuller description of these focused elements.

Course Objectives -
The student will be able to:
  1. Identify and analyze the contending theoretical formulations of the international political economy and their interconnections to the state.
  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 -

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. Development of research paper topic, thesis, and outline and analytical model.
  2. Written twenty page analytical research paper assignment on specific topic of interest utilizing the scientific method of analysis
  3. Group oral presentation (Power Point) on assigned seminar topic
  4. Lead seminar on assigned research topic findings
  5. Consistent participation in seminar demonstrating substantial knowledge of literature and ability to systematically analyze and synthesize it.
  6. Individual and group conferences with professor on a regular basis to guide students in research project assignment.
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.2nd ed. Lynne Rienner, 2005.
McWilliams, Wayne C. and Piotrowski, Harry. The World Since 1945. 7th ed. Lynne Rienner, 2008.
Ravenhill, John Global Political Economy, 3rd ed. Oxford University Press, NY, 2011.
Seligson, Mitchell A and Passe-Smith, John T. Development and Underdevelopment: The Political Economy of Global Inequality. 5th ed. Lynn Rienner, 2013.
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.

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

Disciplines -
Political Science
Method of Instruction -
  1. Weekly formal lectures
  2. Weekly intensive seminar style discussions that are highly interactive
  3. Weekly written notes on reading assignments that demonstrate substantial and systematic understanding of material
  4. Oral presentations (Power Point) on assigned modules of course
  5. Literature search on topics of class discussions
Lab Content -
Not applicable.
Types and/or Examples of Required Reading, Writing and Outside of Class Assignments -
  1. Weekly reading assignments of required texts (200-300 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 during seminar
  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 twenty page research paper topic, thesis and outline with assistance from instructor
  5. Twenty page critical analytical research paper utilizing the scientific method of analysis
  6. Weekly written notes on major themes and ideas of reading assignments