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Syllabus THE POL. OF THE INTERNATIONAL ECONOMIC SYSTEM: Global and European Perspectives - 58121
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Last update 25-08-2018
HU Credits: 4

Degree/Cycle: 2nd degree (Master)

Responsible Department: International Relations

Semester: 1st Semester

Teaching Languages: Hebrew

Campus: Mt. Scopus

Course/Module Coordinator: Lior Herman

Coordinator Email:

Coordinator Office Hours: Monday 09:00-10:30

Teaching Staff:
Dr. Lior Herman

Course/Module description:
This course examines the international political economy from both global and European (EU) perspectives. Global and regional perspectives are analysed across empirical, analytical, and theoretical dimensions, as well as over time. The course emphasizes three core fields of international political economy, namely production, investment and multinational enterprises; international trade; and international capital and finance. Other issues discussed include regional integration, gender, environment, economic development and poverty.

Course/Module aims:
The aim of the course is to provide students of international relations and European Studies (and others interested students) with the fundamentals and basic concepts of international political economy.

Learning outcomes - On successful completion of this module, students should be able to:
See course aims and description

Attendance requirements(%):
Participation in classes is compulsory

Teaching arrangement and method of instruction: Class
Refer also to the full syllabus on the Moodle Website for further details

Course/Module Content:
Introduction: International political economy and European political economy
Introduction: A historical overview the international political economy
Debate: The sources of globalization
The rise of regionalism
Europe's political economy from World War II till today
Conceptualising international political economy: International relations and paradigm
The state and the market in European political economy
Integration theories: Economics
Integration theories: Politics
The role of the state: East and West Europe
Production, investments and multinational enterprises
Debate: Does global production lead to the erosion of domestic regulation?
Debate: Who holds the bargaining power: the state of the MNC?
Debate: Natural resources, are they a blessing or a curse?
International trade and the EU's trade policy
Debate: How can we explain support and resistance to international trade (Part 1)
Debate: How can we explain support and resistance to international trade (Part 2)
Debate: How does international trade affect workers?
International trade (continued)
The role of institutions
Capital and international finance
Debate: How can exchange rates regime cooperation be explained?
Monetary cooperation: European Economic and Monetary Union and the Theory of Optimum Currency Areas
Debate: Do hegemonies force monetary regimes?
Debate: Efficiency, transparency and legitimacy, and the European Central Bank
Capital and international finance: Economic crises and the economic crisis in Europe
Comparative regionalism: Europe and Asia
Globalization and poverty
Globalisation and the environment; Conclusion

Required Reading:
Most reading is concentrated in two (several copies are available at the library). These books have several editions, with substantial differences between them. Please take note, as to the correct edition you are using in accordance with the reading list.

The books are:
1. Frieden, Jeffry, Lake David and Lawrence Broz (eds.) (2010), International Political Economy: Perspectives on Global Power and Wealth (New York: WW Norton and Company) fifth edition. - This book is a collection of key articles on various subjects taught in the course. In many cases, you can find the original articles by searching directly on the web (particularly when connected to the university server). However, some of the articles in the book were edited and abridged (e.g. simplification and removal of technical analysis) and therefore variance may exist.
2. Oatley, Thomas (2012), International Political Economy: Interests and Institutions in the Global Economy (New York: Pearson). – This textbook contains the key issues covered in this course, and provides background, theoretical and empirical material.

The reading list is compulsory, except otherwise noted.

Additional Reading Material:
No additional reading material.

Course/Module evaluation:
End of year written/oral examination 0 %
Presentation 0 %
Participation in Tutorials 0 %
Project work 50 %
Assignments 0 %
Reports 25 %
Research project 0 %
Quizzes 25 %
Other 0 %

Additional information:
Please note that the most updated (and binding) version of this syllabus is posted on the course Moodle website.
Students needing academic accommodations based on a disability should contact the Center for Diagnosis and Support of Students with Learning Disabilities, or the Office for Students with Disabilities, as early as possible, to discuss and coordinate accommodations, based on relevant documentation.
For further information, please visit the site of the Dean of Students Office.