Susan Strange ga i 1970 ut artikkelen ‘International Economics and International Relations: A Case of Mutual Neglect’. Hovedargumentet var at både statsvitere og økonomer har mye å lære av hverandre. Internasjonal politisk økonomi (IPØ) er en faglig tilnærming som har som formål å kombinere nettopp disse to tradisjonelt separate fagtradisjonene. IPØ ser på økonomisk aktivitet og økonomiske systemer i lys av, og med hjelp av modeller og metoder som tradisjonelle økonomer ikke anvender. Videre tar IPØ utgangspunkt i at politisk og økonomisk makt utvikler seg i tandem og har gjensidig påvirkning.

About the Course

Under the heading ‘International Economics and International Relations: A Case of Mutual Neglect’, Susan Strange in 1970 argued that economists and political scientists alike would benefit greatly from synthesizing their views. Strange later became one of the founding mothers of International Political Economy, a subject matter merging the two disciplines of political science and economy. In this subject the student will familiarise herself with the tradition of IPE and its key analytical tools, before she employs these tools in the study of global decision-making, international organisations, institutions and regimes, as well as key developments on the global economic and political scene. Moreover, the course will also deal with explanations for the outbreak of armed conflict.

 

Learning Outcomes

The candidate shall be able to…

Knowledge

  • Become familiar with and present key theories and debates within IPE.
  • Understand the political aspects of economic globalisation.
  • Account for the global system of trade.
  • Critically discuss the form of the international architecture and the implications of its form for issues such as law, trade, development and the climate.
  • Account for and discuss the idea of structural injustice.
  • Point to advantages and challenges of free trade.

Skills

  • Analyse armed conflict by use of theoretical tools from IPE.
  • Understand economic and armed crisis in light of the interplay between politics and economics.
  • Analyse the role of political and economic power in global cooperation.
  • Evaluate the role of important global actors such as the EU, WTO, IMF and the World Bank.

Competence

  • Develop a basic understanding of the relationship between politics and economics, and the nature of the interplay before the two aforementioned phenomena in armed conflict.
  • Discuss the causes of international disagreement on the framework for regional and global economic cooperation.

 

Assessment

Requirement:

  • Online course (pass/fail)
  • Compulsory participation in discussions in the digital classroom.

 Exam:

  • Take home exam (individual essay); memo: 3000 words (+/- 10 % excluding front page and reference list) (60 % of the grade, grading system A – F)
  • 3 hours written school exam (40 % of the grade, grading system A – F)