11111

COURSE INTRODUCTION AND APPLICATION INFORMATION


ireu.ieu.edu.tr

Course Name
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
Fall
Prerequisites
None
Course Language
Course Type
Required
Course Level
-
Mode of Delivery -
Teaching Methods and Techniques of the Course
Course Coordinator -
Course Lecturer(s)
Assistant(s) -
Course Objectives
Learning Outcomes The students who succeeded in this course;
  • Identify tensions that exist between states and markets
  • Compare and contrast the three main theories of IPE along with other critical approaches
  • Compare free trade with protectionism
  • Critique the current international system and its effects on developing states
  • Identify how international finance affects states and other actors
  • Analyze the balance of payments of states and how different investments, currency changes and privatization may affect the current and capital accounts
  • Identify the different models of economic development employed by developing states
Course Description

 



Course Category

Core Courses
X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Introduction to the Course
2 What is International Political Economy? Required Reading: Balaam and Dillman, Chapter 1 Suggested Readings: Thomas Friedman, The Lexus and the Olive Tree Robert Gilpin, The Political Economy of International Relations, Chapter 1 (in course pack) Susan Strange, States and Markets: An Introduction to International Political Economy Pietra Rivoli, The Travels of a T-Shirt in the Global Economy: An Economist Examines Markets, Power and Politics of World Trade Joseph Stiglitz, Globalization and Its Discontents Robert L. Heilbroner, “The Economic Revolution”, The Worldly Philosophers: The Lives, Times, and Ideas of the Great Economic Thinkers Homework 1 (due Class 3): Imagine that you have just been hired as a reporter to write a report summarizing the latest NATO Summit in Wales (held 4-5 September 2014). Write a one-page summary of the issues that were addressed at the Summit and the international political economic problems that world leaders discussed.(A total of 1 page maximum).
3 Mercantilism and Economic Nationalism Required Reading: Balaam and Dillman, Chapter 3 Suggested Readings: Jacob Viner, “Power versus Plenty as Objectives of Foreign Policy in the Seventeenth and Eighteenth Centuries,” World Politics 1 (October 1948), pp. 1-29 (in course pack) Eric Helleiner, “Economic Nationalism as a Challenge to Economic Liberalism? Lessons From the 19th Century,” International Studies Quarterly (2002), 46, pp. 307-329 (in course pack) Robert Reich, The Work of Nations Alexander Hamilton, “Report on Manufactures” (in course pack) Friedrich List, “The National System of Political Economy” (in course pack) Ha-Joon Chang, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
4 The Liberal IPE Perspective Required Readings: Balaam and Dillman, Chapter 2 Benjamin Barber, Jihad vs. McWorld (in course pack) Samuel P. Huntington, “The Clash of Civilizations” (in course pack) Russell D. Robert, The Choice Suggested Readings: Thomas Friedman, The Lexus and the Olive Tree Friedrich A. Hayek, The Road to Serfdom Adam Smith, The Invisible Hand, Penguin Books Joseph Stiglitz, Globalization and Its Discontents Joseph Stiglitz, Making Globalization Work Daniel Yergin and Joseph Stanislaw, The Commanding Heights Robert L. Heilbroner, “The Wonderful World of Adam Smith” (in course pack) Robert L. Heilbroner, “The Gloomy Presentiments of Parson Malthus and David Ricardo” (in course pack) Robert L. Heilbroner, “The Heresies of John Maynard Keynes” (in course pack) Jagdish Bhagwati, In Defense of Globalization
5 The Liberal IPE Perspective Required Readings: Balaam and Dillman, Chapter 2 Benjamin Barber, Jihad vs. McWorld (in course pack) Samuel P. Huntington, “The Clash of Civilizations” (in course pack) Russell D. Robert, The Choice Suggested Readings: Thomas Friedman, The Lexus and the Olive Tree Friedrich A. Hayek, The Road to Serfdom Adam Smith, The Invisible Hand, Penguin Books Joseph Stiglitz, Globalization and Its Discontents Joseph Stiglitz, Making Globalization Work Daniel Yergin and Joseph Stanislaw, The Commanding Heights Robert L. Heilbroner, “The Wonderful World of Adam Smith” (in course pack) Robert L. Heilbroner, “The Gloomy Presentiments of Parson Malthus and David Ricardo” (in course pack) Robert L. Heilbroner, “The Heresies of John Maynard Keynes” (in course pack) Jagdish Bhagwati, In Defense of Globalization
6 Marxism / Structuralism Required Readings: Balaam and Dillman, Chapter 4 Karl Marx and Friedrich Engels, The Communist Manifesto (in course pack) Suggested Readings: Benjamin Barber, Jihad vs. McWorld V.I. Lenin, Imperialism: The Highest Stage of Capitalism (in course pack) Karl Marx, Capital Georg Lukacs, Class Consciousness George Orwell, Animal Farm Robert L. Heilbroner, “The Inexorable System of Karl Marx” (in course pack) Antonio Gramsci, Selections from the Prison Notebooks Immanuel Wallerstein, “The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis”, Comparative Studies in Society and History, September 1974 (in course pack)
7 Critical Perspectives on IPE and the Environment Required Readings: Balaam and Dillman, Chapter 5 Balaam and Dillman, Chapter 20 Gillian Youngs, “Feminist International Relations: A Contradiction in Terms? Or: Why Women and Gender are Essential to Understanding the World We Live in” (in course pack) E. F. Schumacher, “Buddhist Economics” (in course pack) Thomas Homer-Dixon, “On the Threshold: Environmental Changes as Causes of Acute Conflict,” International Security 16 (Fall 1991), pp. 76-116 Suggested Readings: Amartya Sen, Development as Freedom Mancur Olson, The Logic of Collective Action E.F. Schumacher, Small is Beautiful: Economics as if People Mattered J. Ann Tickner, “Gendering World Politics” Kevin Danaher et al., Building the Green Economy: Success Stories from the Grassroots Cynthia Enloe, Bananas, Beaches and Bases Barbara Ehrenreich and Arlie Russell Hochschild, Global Woman: Nannies, Maids, and Sex Workers in the New Economy Alexander Wendt, “Anarchy is What States Make of It: The Social Construction of Power Politics,” International Organization, 46 (Spring 1992), pp. 391-425 (in course pack) Gita Sen, “Gender, Markets and States: A Selective Review and Research Agenda”, World Development, 24, no. 5 (1996) Thomas L. Friedman, Hot, Flat and Crowded: Why We Need a Green Revolution and How it Can Renew America Al Gore, Our Choice Penny Griffin, “Refashioning IPE: What and how gender analysis teaches international (global) political economy”, Review of International Political Economy 14:4, October 2007: 719-736 V. Spike Peterson, “How (the Meaning of) Gender Matters in Political Economy”, New Political Economy, Vo. 10, No. 4, December 2005 Homework 2 (due class 8 after the Midterm Examination): Choose 3 theories we have learned and apply them to a critical analysis of 1 of the movies to be determined in class
8 Exam I
9 International Trade Required Readings: Balaam and Dillman, Chapter 6 Ralph Nader, “Introduction: Free Trade and the Introduction of Democracy” (in course pack) Gary Hufbauer, “World Trade After Seattle” (in course pack) Suggested Readings: Ralph Nader et al, The Case Against Free Trade Joseph Stiglitz, Making Globalization Work
10 Film Screening (if there is enough time) “Battle in Seattle” “The Commanding Heights” documentary
11 International Finance Required Readings: Balaam and Dillman, Chapter 7 and 8 Barry Eichengreen, Chapter 4: The Bretton Woods System, pp. 93-135 (in course pack) Paul Krugman, “Dutch Tulips and Emerging Markets” (in Course Pack) Susan George, “The Debt Boomerang” (in Course Pack) Susan George, “How Much is $1 Trillion?” (in Course Pack) Dani Rodrik, “Goodbye Washington Consensus, Hello Washington Confusion?” Journal of Economic Literature, XLIV (December 2006), pp. 973-987 (in course pack) Robert Wade, “The First-World Debt Crisis of 2007-2010 in Global Perspective”, Challenge, July-August 2008, pp. 23-54 Suggested Readings: Joseph Stiglitz, Globalization and Its Discontents Kevin Danaher, 50 Years is Enough Benjamin Cohen, The Geography of Money Barry Eichengreen, Globalizing Capital: A History of the International Monetary System Charles Kindleberger, Manias, Panics and Crashes Joseph Stiglitz, Globalization and Its Discontents Peter L. Bernstein, Against the Gods Kevin Danaher, 50 Years is Enough Susan George and Fabrizio Sabelli, Faith and Credit: The World Bank’s Secular Empire M. A. Thomas, “Getting Debt Relief Right” (in Course Pack) Jeffrey Sachs, The End of Poverty: Economic Possibilities of Our Time Homework 3 (due class 11): Using the chart handed out in class, choose 5 currencies to invest in for 1 week (starting today)
12 Economic Development Required Readings: Balaam and Dillman, Chapter 11 Ali H. Bayar, “The Developmental State and Economic Policy in Turkey”, Third World Quarterly, Vol. 17, No. 4, pp. 773-785, 1996 (in Course Pack) Joseph Wong, “The Adaptive Developmental State in East Asia”, Journal of East Asia Studies 4 (2004), 345-362 (in Course Pack) Paul Krugman, “The Myth of Asia’s Miracle,” Foreign Affairs 73.6 Nov/Dec 1994 (in Course Pack) Suggested Readings: Walt Whitman Rostow, The Stages of Economic Growth: A Non-Communist Manifesto, Cambridge University Pres, 1971 Immanuel Wallerstein, “The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis,” Comparative Studies in Society and History, Volume 16, Issue 4 (Sep. 1974), pp. 387-415 (in Course Pack) Christobal Kay, “Why East Asia Overtook Latin America: Agrarian Reform, Industrialization and Development,” Third World Quarterly, Vol. 23, No 6, pp. 1073-1102, 2002 (in Course Pack) Muhammad Yunus, Banker to the Poor: Micro-Lending and the Battle Against World Poverty Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else Tina Rosenberg, “That Taint of the Greased Palm”, New York Times Magazine (in course pack) Ha-Joon Chang, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Jeffrey D. Sachs, The End of Poverty: Economic Possibilities of Our Time
13 Presentations Book Reports Due
14 Presentations Book Reports Due
15 Exam II
16 Review of the Semester  
Course Notes/Textbooks Balaam, David N., and Bradford Dillman. Introduction to International Political Economy, 5th Edition. Upper Saddle River, New Jersey: Prentice Hall, 2011. Marx, Karl and Friedrich Engels. The Communist Manifesto, Penguin Classics, 1967 (various Turkish versions of this book are available at your local bookstores under the name of “Komünist Parti Manifestosu”) Roberts, Russell D. The Choice: A Fable of Free Trade and Protectionism, Prentice Hall, 1994. (copies of this book will be available in photocopy format at Trio Bookstore or alternatively you can read the Turkish version Tercih) Course Pack – additional reading materials for the class (will be made available at several different photocopiers/bookstores around the University and on my homepage listed above) Most of the assigned readings can be found on my homepage at: http://homes.ieu.edu.tr/~ibagdadi/INT230
Suggested Readings/Materials ACADEMIC HONESTY: Honesty and trust are the most fundamental pillars of learning and are necessary foundation for success and academic freedom in a university. Hence, any behavior that jeopardizes the learning environment by violating the rules of academic honesty will not be tolerated or condoned. Violations of academic honesty include but are not limited to: *Cheating or facilitating cheating *looking or attempting to look at another student's answers or allowing others to copy one's answers *copying other student’s in-class or take-home exam answers or letting others use take-home exam answers *using "cheat sheet", pre-programmed calculator if not allowed by the instructor *having someone else prepare the term project or homework or letting others use one’s homework/term project/paper *Assistance of another person in preparation of a term paper/homework/project if not allowed by the instructor *Taking an exam for another student *Purchasing term projects or homework or other assignments *Signing in place of another student using their name/signature/student id number *Plagiarism *Showing the work of another as one's own *Not properly citing an earlier own work *Submitting the same homework/paper/term project in one more one course if not allowed by the instructor *Inaccurately or inadequately citing sources including those from the Internet. Violations of academic honesty can result in disciplinary action, as stated in the "Student Disciplinary Rules and Regulation" of the University. http://www.ieu.edu.tr/en/bylaws/type/read/id/13 and http://kariyer.ieu.edu.tr/en/bylaws/type/read/id/81\ By enrolling in the University, each student is assumed to have read the rules and regulations regarding academic dishonesty, and lack of knowledge of this policy is not an acceptable defense.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
10
Presentation / Jury
1
20
Project
Seminar / Workshop
Oral Exam
Midterm
1
30
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
4
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
16
2
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
10
Presentation / Jury
1
5
Project
Seminar / Workshop
Oral Exam
Midterms
1
20
Final Exams
1
20
    Total
135

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1 To be able to use the advanced theoretical and practical knowledge that the graduates have acquired in the areas of international relations X
2 To be able to examine, interpret data and assess concepts and ideas with the scientific methods in the area of international relations/political science X
3 To take the responsibility as a group team member and as an individual to solve unforeseen and multidimensional problems that are unforeseen in practice X
4 To be able to recognize regional and global issues/problems, and to be able to develop solutions based on research and scientific evidence X
5 To be able to assess the acquired knowledge and skills in the area of international relations/political science critically and to detect learning requirements and to guide learning. X
6 To be able to inform authorities and institutions in the area of international relations; to be able to transfer ideas and proposals supported by quantitative and qualitative data about the problems verbally and in writing to experts and nonexperts. X
7 To be able to interpret theoretical debates regarding relations among factors in global politics such as structures, institutions and culture, to be able to pinpoint the continuities and changes of main dynamics of international relations, X
8 To be able to distinguish the differences between the classical and contemporary theories and to assess their relationship, X
9 To be able to make use of other disciplines that international relations are based upon (political science, law, economics, sociology, psychology, etc.) and to have the basic knowledge of these disciplines. X
10 To be able to keep abreast of current news on international relations, learn a foreign language and to communicate with one’s peers (European language portfolio global scale, level B1) X
11 To be able to speak a second foreign at a medium level of fluency efficiently X
12 To have ethical, social and scientific values in the stages throughout the processes of collecting, interpreting, disseminating and implementing data related to international relations.
13 To be able to improve the acquired knowledge, skills and qualifications for personal and social reasons X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 

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