Document Type

Undergraduate Syllabus

Date

Fall 2025

School

Diplomacy

Course Number

DIPL 4555

Course Description

For seven decades following the conclusion of the Second World War the portion of global GDP accounted for by international trade grew almost continuously, a phenomenon which we today call globalization. In our current moment, however, with the return of tariffs, trade wars and great-power competition, globalization has stalled and even threatens to reverse. This serves as a reminder that despite increasing connectivity our modern world is still divided into territorial nation-states, each of which possesses great power in shaping its economic interactions with the rest of the globe. This means that any understanding of the global economy must consider the functioning of the society of these states, commonly referred to as the international system. This course thus provides an economic look at the interactions between states and the larger orders they are a part of, blending elements of international political economy and international economics.

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