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COURSE UNIT TITLECOURSE UNIT CODESEMESTERTHEORY + PRACTICE (Hour)ECTS
INTERNATIONAL POLITICAL ECONOMY POLI490 - 3 + 0 5

TYPE OF COURSE UNITElective Course
LEVEL OF COURSE UNITBachelor's Degree
YEAR OF STUDY-
SEMESTER-
NUMBER OF ECTS CREDITS ALLOCATED5
NAME OF LECTURER(S)Assistant Professor Erdem Damar
LEARNING OUTCOMES OF THE COURSE UNIT At the end of this course, the students;
1) Gain the ability to define and discuss major approaches (realist, liberal, structuralist and feminist approaches) to international political economy.
2) Develop an understanding of the concepts of capitalism, neoliberalism, globalization and imperialism and their inter-relations.
3) Analyze different approaches to development and underdevelopment.
4) Get informed about the historical stages of the formation and transformation of the world economy.
5) Explain the major characteristics of global production, trade and financial system.
6) Discuss the emergence, basic features and collapse of the Bretton Woods financial system.
7) Grasp the dynamics of the emergence of economic crises.
8) Explain the reasons and effects of 2008 global financial crisis.
MODE OF DELIVERYFace to face
PRE-REQUISITES OF THE COURSENo
RECOMMENDED OPTIONAL PROGRAMME COMPONENTNo recommended optional programme components.
COURSE DEFINITIONThe course will study the relations between politics and economy at both national and international levels from different theoretical perspectives.
COURSE CONTENTS
WEEKTOPICS
1st Week Introduction
2nd Week What is International Political Economy?
3rd Week Mainstream Approaches: Mercantilism and liberalism
4th Week Structuralist approaches I: Classical Marxism and Imperialism Theories
5th Week Structuralist approaches II: Theories of Development
6th Week Structuralist approaches II: Theories of Development II
7th Week Structuralist approaches III: Neo-Gramscian Approach
8th Week Midterm Week
9th Week Feminist Approach
10th Week Historical Origins and Development of Global Capitalism
11th Week International Money and Finance Structure
12th Week International Debt and Financial Crises
13th Week Global Economic Crisis and Beyond
14th Week Wrap-up: Global Capitalism in the Post-Pandemic Era
RECOMENDED OR REQUIRED READINGBook:
David N. Balaam and Bradford Dillman (2014), Introduction to International Political Economy, Routledge.

Articles and Book Chapters
Michael Kratke and Geoffrey R.D. Underhill (2006) "Political Economy: The Revival of an Interdiscipline", in Richard Stubbs and Geoffrey R.D. Underhill (Eds.) Political Economy and the Changing Global Order, Oxford: Oxford University Press, s.24-37.
Benjamin J. Cohen (2007) "The transatlantic divide: Why are American and British IPE so different?", Review of International Political Economy, 14: 2, s.197 - 219.
Ben Fine and Alfredo Saad-Filho, Marx's Capital, Pluto Press, p.1-60.
Alex Callinicos (2016) "Marxism: and the Very Idea of Critical Political Economy" in Alan Cafruny et al (Eds.) The Palgrave Handbook of Critical International Political Economy, p.49-65.
Giovanni E. Reyes (2001) "Four Main Theories of Development: Modernization, Dependency, World-System and Globalization", Nomadas, No.2.
Şebnem Oğuz (2013) "The Developmental State as an Institutional Construct: A Historical and Theoretical Critique", Review of Public Administration, Vol.7, No.4.
Ziya Öniş-Fikret Şenses (2007) "Global Dynamics, Domestic Coalitions and a Reactive State:Major Policy Shifts in Post-War Turkish Economic Development", METU Studies in Development 34 (December), 2007, 251-286.
Robert Cox (1996) "Social Forces, States and World Orders: Beyond International Relations Theory" in Cox, Robert W. and Sinclair, Timothy J. (eds.) Approaches to World Order, Cambridge University Press (Originally published in 1982).
Andreas Bieler and Adam David Morton (2004) "A critical theory route to hegemony, world order and historical change: neo-Gramscian perspectives in international relations", Capital & Class; 82; pp.85-113.
Leila Simona Talani (2016) "Neo-Gramscians and IPE: A Socio-Economic Understanding of Transnationalism, Hegemony and Civil Society" in Alan Cafruny et al (Eds.) The Palgrave Handbook of Critical International Political Economy, p.67-82.
S. Peterson (2005) "How (the Meaning of) Gender Matters in Political Economy", New Political Economy, Vol. 10, No. 4.
Diane Elson (2002) "Gender Responsive Budget Initiatives: Key Dimensions and Practical Examples", Gender Budget Initiatives, UNIFEM, p.15-29.
E.M.Wood (2002) The Origins of Capitalism, p. 11-121.
Kiely, Ray (2005) "From Bretton Woods to Neoliberal Globalisation" (Chapter 3) The Clash of Globalisations: Neo-liberalism, the Third Way and Anti-Globalisation, Brill: Leiden, pp.48-80.
Alfredo Saad-Filho (2005) "From Washington to Post-Washington Consensus: Neoliberal Agendas for Economic Development" in Alfredo Saad-Filho and Deborah Johnston (Eds.) Neoliberalism: A Critical Reader, Pluto Press, p.113-119.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODSLecture
ASSESSMENT METHODS AND CRITERIA
 QuantityPercentage(%)
Mid-term130
Assignment120
Attendance110
Total(%)60
Contribution of In-term Studies to Overall Grade(%)60
Contribution of Final Examination to Overall Grade(%)40
Total(%)100
ECTS WORKLOAD
Activities Number Hours Workload
Midterm exam111
Preparation for Quiz
Individual or group work14228
Preparation for Final exam14040
Course hours14342
Preparation for Midterm exam13030
Laboratory (including preparation)
Final exam111
Homework11010
Total Workload152
Total Workload / 305,06
ECTS Credits of the Course5
LANGUAGE OF INSTRUCTIONEnglish
WORK PLACEMENT(S)No
  

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