Economics 394AI
Foundations of International Political Economy
Fall 2023
Course Description
This course provides a thorough foundation to concepts and research in the field of international political economy (IPE): the study of the dynamic interplay between international economics and politics. The course first reviews different theoretical approaches to analyzing and explaining governance in the contemporary international system and the basis for world order. IPE is a fundamentally interdisciplinary field and thus a key part of this part of the course is the intellectual history of the discipline, as it emerged to tackle big global problems by borrowing concepts from other disciplines. It then covers a wide variety of contemporary issue areas in IPE, including the politics of international trade, global inequality, how global governance institutions are contested, and international financial regulation. Although some familiarity with basic concepts in economics, international relations, sociology and international economic history will be very helpful, it is not absolutely necessary.
Learning Goals
. Be able to discern the operation of power and politics in the operation of the global economy
. Analyze the ways in which global economic activity is governed through institutions, and how those institutions are themselves governed
. Become familiar with some of the big conceptual and empirical debates in International Political Economy (IPE) research
. Appreciate the history of global economic development over the last 100 years or so
. Describe and analyze the operation of the global trade and financial systems,
including scholarly debates surrounding how they are controlled and influenced
. Describe the different ways that global inequality is assessed in current social science research.
Online Resources
This course entails a regular amount of reading. Please make sure to budget enough time to complete the readings prior to class. It is essential that you complete the readings in order to participate fully in the intellectual life of the course. All required readings for the course are available as PDFs in the Canvas site for the class.
All readings are available on the Canvas site, as pdf files. The recommended course text for this class is Hale, Thomas, Held, David and Young, Kevin. 2013. Gridlock: Why Global Cooperation is Failing When We Need It Most (Cambridge: Polity). It is available as an e-book at the UMass library (which is free). We will be reading from this book a few times, and so it may prove useful as a general resource. There is no need to purchase it – the Economy chapter is available as a PDF on the Canvas site.
There are also some other online resources that may prove useful, among them the CORE econ website, which I provide links to throughout the syllabus and on the Canvas site, but whose main website is here: https://www.core-econ.org/
In addition to Moodle, UMass Amherst Libraries offer a number of helpful resources, including Research Guides for particular subject areas, should you wish to learn more:
. Economics Course Guide: https://guides.library.umass.edu/econ
. Another important resource: you can get free access to the New York Times through UMass! This resource may help you complete assignments over the course of this semester. Details are available here:
https://guides.library.umass.edu/nytimes?_ga=2.48930918.1147540388.159701 0940-1855955997.1573776872
. Further information regarding how to access other newspapers through UMass is available here: https://libanswers.library.umass.edu/faq/297072
. There is a new web resource provided by two IPE scholars based in the UK, Alexander Nunn and Stuart Shields. It features web videos of various IPE scholars talking about their perspectives on the field, their own careers, and much else. You might find it interesting and also valuable to get a sense of the differences out there in this diverse area of inquiry:
https://www.ipefoundations.org.uk/home
Technology Requirements
. A computer with an updated operating system (e.g. Windows, Mac, Linux) and an
Internet browser (e.g. Mozilla Firefox, Google Chrome, Safari…)
. Basic computer audio/video equipment
. Internet connection
. Applications: Media Player (e.g. Flash Player, Windows Media Player, Quicktime for Mac)
. Software: Microsoft Word (although I will accept files documents via Google Docs…please no Pages documents). Please never send a ‘link’ to a file. Always submit the actual file, preferably as a pdf or a doc or docx format. Office 365 software is
available for free to UMass Students; see
https://www.umass.edu/it/software/microsoft-office-365-
education?_ga=2.168900769.1631692794.1589223126-1855955997.1573776872
Technological Support
If you are experiencing technological problems, please contact one of the following resources. Please don’t contact me with technological issues. I am the course instructor and facilitator, and as such my role is to guide you through the course material and answer questions about course subject matter and assignments. Plus, I wouldn’t describe myself as tech savvy.
. UMass Amherst’s 24/7 Help Center can be reached at the following URL:
https://embanet.frontlinesvc.com/app/home/p/2101
. UMass Amherst IT can be reached at: it@umass.edu or 413-545-9400 or 5-TECH
Grading System
Number grades will be translated to the final letter grades using the scale shown below:
A 93-100% C+ 77-79%
A- 90-92% C 73-76%
B+ 87-89% C- 70-72%
B 83-86% D 60-69%
B- 80-82% F 59% and below
Class Philosophy
Learning is a process, both individual and collective. We come to this course with different backgrounds and experiences, yet we are all moving through it together. Though we acquire information, arrive at insights, and develop skills at our own pace, learning is inescapably interdependent. For this reason, we will proceed with respect and patience for each other, especially when we disagree.
Writing Resources
UMass Amherst offers a Writing Center to its students and can provide tutoring
online! Please visit the following link:
https://www.umass.edu/writingcenter/news/online-tutoring
Late Assignments
All assignments must be received by their due date. If there is a compelling reason why you cannot hand in your assignment on time—illness, personal or family emergency, varsity athletic commitment—please be in touch with the Professor as soon as possible. PLEASE BE PROACTIVE in asking for accommodation. Don’t suffer in silence—I sincerely want you to succeed in this course. Assignments will be penalized one grade level for each day late. Thus, an “A” paper becomes an “A-” if it is turned in within a day of the deadline; it becomes a “B+” if turned in within 2 days of the deadline.
Statement Regarding Pronouns
There is a long history of dialogue and activism around how we address one another, with respect to both names and pronouns. Students should be referred to by the name they prefer, and with the proper pronunciation, by faculty and other students. I will gladly honor your request to address you by the name you prefer and gender pronouns that correspond to your gender identity. Please advise me of your name’s proper pronunciation, and any name or pronouns not reflected by the record in Spire early in the semester so that we may make appropriate changes to our records.
Students with Disabilities
The University of Massachusetts Amherst is committed to providing an equal educational opportunity for all students. If you have a documented physical, psychological, or learning disability on file with Disability Services (DS), Learning Disabilities Support Services (LDSS), or Psychological Disabilities Services (PDS), you may be eligible for reasonable academic accommodations to help you succeed in this course. If you have a documented disability that requires an accommodation, please notify me within the first two weeks of the semester so that we may make appropriate arrangements. For additional information see: http://www.umass.edu/disability/students.
Chat GPT/AI
This course assumes that all work submitted by students will be generated by the students themselves. Students should not have another person or entity do the writing of any substantive portion of an assignment for them, which includes hiring a person or a company to write assignments and/or using artificial intelligence tools such as ChatGPT or other similar online tools.
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