International Political Economy (IR211) Course Detail

Course Name	Course Code	Season	Lecture Hours	Application Hours	Lab Hours	Credit	ECTS
International Political Economy	IR211	Area Elective	3	0	0	3	6

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	Elective Courses
Course Level	Bachelor’s Degree (First Cycle)
Mode of Delivery	Face To Face
Learning and Teaching Strategies	Lecture, Discussion, Question and Answer, Drill and Practice, Problem Solving, Team/Group.
Course Coordinator
Course Lecturer(s)	Prof. Dr. Faruk Yalvaç
Course Assistants
Course Objectives	The course is an introduction to international political economy, as part of the international studies literature.
Course Learning Outcomes	The students who succeeded in this course; Students will be able to define and understand different terms and concepts relating to IPE. Students will be able to evaluate international political economy from different theoretical perspectives. Students will be able to apply these theoretical perspectives to day to day events.
Course Content	The foreign trade and the distribution of income, economic integration and its political implications and the impacts of technology on foreign trade; international economic institutions and their impact on South-North relations.

Weekly Subjects and Releated Preparation Studies

Week	Subjects	Preparation
1	The nature of political economy: The issues of political economy ; The importance of the market ; The economic consequences of a market ; Market effects and political responses	Gilpin, Chapter 1
2	Three ideologies of political economy: The liberal perspective ; The Nationalist perspective ; The Marxist perspective ; A critique of the perspectives ; Three challenges to a World Market economy ; Welfare capitalism in a non-welfare international capitalist world	Gilpin, Chapter 2
3	The dynamics of the international political economy: Contemporary theories of the International Political Economy ; The political economy of structural change ; The mechanisms of structural change ; Structural change and economic conflict	Gilpin, Chapter 3
4	International money matters: The era of specie money ; The era of political money ; The classical gold standard (1870-1914)	Gilpin, Chapter 4
5	The interregnum between British and American leadership (1914-1944)	Gilpin, Chapter 4
6	The Bretton Woods system (1944-1976) ; The dollar and American hegemony ; The non-system of flexible rates ; The issue of policy coordination	Gilpin, Chapter 4
7	The Reagan administration and policy coordination ; The policy for policy coordination	Gilpin, Chapter 4
8	Midterm Exam	None
9	The politics of international trade: The importance of trade ; The liberal theory of international trade ; The Nationalist theory of international trade ; Free trade versus economic protectionism ; The GATT system	Gilpin, Chapter 5
10	Emergent trade issues ; New trading patterns ; The Rapprochement of Liberal and Nationalist theories ; The prospects for the Liberal trade regime	Gilpin, Chapter 5
11	Multinational corporations and international production: The nature of the multinational ; The era of American multinationals ; The multinationals and home countries ; The multinationals and host countries ; The new multinationalism	Gilpin, Chapter 6
12	The issue of dependency and economic development: The Liberal perspective on economic development ; The classical Marxist perspective on economic development ; The underdevelopment position ; An evaluation of LDC strategies ; The process of uneven growth	Gilpin, Chapter 7
13	The political economy of international finance: Three eras of international finance ; The Eurodollar market ; The debt problem in the 1980s ; Japanese subsidization of American hegemony ; The Nichibei economy and its prospects	Gilpin, Chapter 8
14	The transformation of the global political economy: Structural changes in the international political economy ; The transition problem	Gilpin, Chapter 9
15	The emergent international economic order: The problem of political leadership ; The adjustment problem ; International norms versus domestic autonomy ; A mixed system, mercantilistic competition, economic regionalism, and sectoral protectionism	Gilpin, Chapter 10
16	Final Exam	None

Sources

Course Book	1. Gilpin, R. and Gilpin J, The Political Economy of International Relations, Princeton, N.J. : Princeton University Press, 1987

Evaluation System

Requirements	Number	Percentage of Grade
Attendance/Participation	-	-
Laboratory	-	-
Application	-	-
Field Work	-	-
Special Course Internship	-	-
Quizzes/Studio Critics	-	-
Homework Assignments	-	-
Presentation	-	-
Project	-	-
Report	-	-
Seminar	-	-
Midterms Exams/Midterms Jury	1	40
Final Exam/Final Jury	1	60
Toplam	2	100

Percentage of Semester Work
Percentage of Final Work	100
Total	100

Course Category

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

The Relation Between Course Learning Competencies and Program Qualifications

#	Program Qualifications / Competencies	Level of Contribution
#	Program Qualifications / Competencies	1	2	3	4	5
1	Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics
2	Acquiring the skills of macro level economic analysis
3	Acquiring the skills of micro level economic analysis
4	Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level					X
5	Learning different approaches on economic and related issues
6	Acquiring the quantitative and/or qualitative techniques in economic analysis
7	Improving the ability to use the modern software, hardware and/or technological devices
8	Developing intra-disciplinary and inter-disciplinary team work skills
9	Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning
10	Adopting work ethic and social responsibility
11	Developing the skills of communication.
12	Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs.

ECTS/Workload Table

Activities	Number	Duration (Hours)	Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)	16	3	48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class	14	3	42
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury	1	20	20
Prepration of Final Exams/Final Jury	1	40	40
Total Workload			150