International Political Economy

Catalog description

This course is an introduction to international political economy, the study of how and why international economic policies are formed, and how the international economy influences domestic politics and economic performance. Course will include a significant amount of economic theory. The approach of the course is a mix of history and current events. We will examine the development of the international political-economic order since the 18th century and simultaneously compare 'lessons from history' to present-day issues. We will also consider the extent to which the current global order fundamentally differs from the previous period of globalization (1815-1914). Topics covered include: foreign trade, capital flows, foreign direct investment and multinational corporations, monetary policy and exchange rates, immigration, and international organizations such as the WTO and IMF. 001131