International Political Economy
Understand how politics makes the economic world go around. Expand your understanding of the trade laws and corporations that contribute to economic globalisation. Debate controversies over development pathways. Track the rise of new economic powers.
Your upfront cost: $0
- 31 May 2021
This research-based university in Perth has a strong interdisciplinary focus and a reputation for outstanding teaching and ground-breaking research. With more than 22,000 students and 2,000 staff from over 90 countries, and campuses in Dubai and Singapore, Murdoch embraces free thinking, shared ideas and knowledge to make a difference, and Open Universities Australia is certainly part of that.
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At the completion of this subject students will be able to:
- understand and analyse the political dynamics of the world economy
- engage with key debates over how contemporary events and challenges are reforming the systems that govern the world economy
- demonstrate familiarity with the field of international political economy, and its relation to the fields of international relations and political science
- research, develop and deliver written and verbal analyses of contemporary international economic issues.
- Introduction to international political economy (IPE)
- The rise of the modern world economy
- Conceptual approaches to IPE
- International institutions and economic governance
- The global trade system
- The international financial system
- Global production
- Economic regionalism
- Pathways to development
- Multinational corporations and structural power
- Rising powers and the liberal economic order
- Whither a world economy in crisis
You cannot enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
Students must have completed 18 credit points (6 OUA subjects) at Level 1 before enrolling in this subject.
No special requirements
This subject was previously known as POL299 International Political Economy.
This subject is an introduction to the subject of international political economy. It reviews key conceptual approaches to the politics of the world economy; examines key processes of economic globalisation (trade, finance, multinational corporations); and considers debates and controversies over development pathways, globalisation and the rise of new economic powers. Students will develop an understanding of the politics of the global economy, and gain the skills to engage with major contemporary international economic and policy challenges.
Please Note: All students studying at Murdoch University will need to complete the compulsory unit, Murdoch Academic Passport (MAP100), which only takes 2-3 hours to complete online. Find out more: http://goto.murdoch.edu.au/MurdochAcademicPassport.
The units consist of three assessment tasks: online discussion contribution, a research essay, and an exam (30%). The online contribution and essay will allow students to critically engage with key debates over the governance of the world economy. The exam and tutorial participation will enable students to demonstrate familiarity and knowledge of the field of international political economy, and its relation to international relations and political science. The assessment tasks will also allow students to research, develop and deliver written (essay, exam) and verbal (presentation, participation) analyses of contemporary international economic issues.
- Online Discussion Summary (30%)
- Timed Online Exam (30%)
- Essay (40%)
Current study term: 30 May 21 to 29 Aug 21
Global Political Economy 5th Ed.
John Ravenhill (ed.)