This course will provide graduate students with two things: first, an introduction to the main theoretical debates in IPE and how scholars are using and modifying these theories; and second, an introduction to the main issues that historically and currently dominate international political economy debates. In this way, students will have both the empirical and theoretical knowledge required to engage in IPE related scholarly research and/or practical application. Substantively, this course examines the interaction between politics and economics in the international system. We will examine how international economic activity is affected by the political decisions rendered by states, and how states are in tum affected by the international financial and trading systems. There are three main theoretical lens that help to understand the actors and interests involved in the international political economy: mercantilism, liberalism, and Marxism. We will use these three theoretical approaches to examine a variety of topics. We will examine the role of multinational corporations and domestic interest groups in the making of international economic policy. We will look at the rise of new forms of trade protectionism, state directed strategic trade policy, exchange rate manipulations, and currency crises in order to understand their implications for the global trading system. We will look at development dilemmas facing less developed countries, and explore the economic and political trade-offs they are often forced to make. Finally, we will look at the process of globalization and how this impacts the economic and political choices available to states.
Horne, Cynthia M., "International Economics and Finance" (2003). Diplomacy Syllabi. 219.