SSST Subjects

International Political Economy 

Political Science


International Relations


Programme(s) where module is offered

  • None

Status (core, option, free choice)



FHEQ Level



Unit Value



Semester taught



Pre-Requisite Modules or Qualifications



Module Code



Module coordinator



Applicable From



Educational Aims of the Module

  •  This course is designed to provide students with introductory and basic concepts of international political economy without going into great depth about various parts of the discipline.
  • The main aim of this course is to lay the ground foundation for further studies in the fields of international and national economics and politics and it aims to achieve that goal by giving the contours of some basic IPE issues, starting with the intellectual history of the discipline finishing up with an extensive analysis of illustrative case studies.
  • Furthermore, through a clear outline of IPE fundamentals, the course seeks to place the discipline within the globalization debate allowing therefore the students to increase and widen their understanding of current international issues from various perspectives.
  • Starting with a brief history of international political economy thought, the course will run through the historical benchmarks of the discipline that have had an impact on various components of this field of study. An important component of the course will be an up to date analysis of IPE matters that define the current study of the discipline. 

Module Outline/Syllabus

  • International Political Economy
  • The WTO and the World Trade System
  • The Political Economy of International Trade Cooperation
  • A Society-Centred Approach to the Politics of Trade
  • A State-Centred Approach to Trade Politics
  • Trade and Development I: Import Substitution Industrialization
  • Trade and Development II: Economic Reform
  • Multinational Corporations in the Global Economy
  • The Politics of Multinational Corporations
  • The International Monetary System
  • Contemporary International Monetary Arrangements
  • A Society-Centred Approach to Monetary and Exchange-Rate Policies
  • A State-Centred Approach to Monetary and Exchange-Rate Policies
  • Developing Countries and International Finance I: The Latin American Debt Crisis
  • Developing Countries and International Finance II: A Decade of Crises
  • Globalization: Consequences and Controversies

Student Engagement Hours

Type Number per Term Duration Total Time
Lectures 30 2 hours 60 hours
Tutorials 15 2 hours 30 hours
Total Guided/Independent Learning Hours 110
Total Contact Hours 90
Total Engagement Hours 200

Assessment Method Summary

Type Number Required Duration / Length Weighting Timing / Submission Deadline
Final exam     50%  
Quiz     5%  
Mid term exam     25%  
Group project/presentation     10%  
Class participation     10%  

Module Outcomes

Teaching and Learning Strategy:

  • Presentations by the course convenor (lectures)
  • Tutorial classes with presentations of various cases intended to illustrate the theoretical component of teaching
  • In class analysis of up to date case studies
  • Group research assignments and presentations
  • Individual consultations with students as needed (including detailed feedback on their work).

Assessment Strategy

  • The ability to comprehend the history of IPE in relation to some other related disciplines
  • The ability to spot the basic   structure of some most common IPE and globalization issues
  • The ability to recognize and analyze the basic concepts of IPE especially pertaining to inter-state relations

Key Texts and/or other learning materials

Set text

  • Oatley, T. (2010) „International Political Economy“, 4th
  • Lairson and Skidmore (2003) „International Political Economy: The Struggle for Power and Wealth”, 3 edition, Longman rd edition, Thomson & Wadsworth

Supplementary Materials

Please note

This specification provides a concise summary of the main features of the module and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.

More detailed information on the learning outcomes, content and teaching, learning and assessment methods of each module and programme can be found in the departmental or programme handbook.

The accuracy of the information contained in this document is reviewed annually by the University of Buckingham and may be checked by the Quality Assurance Agency.

Date of Production : Autumn 2016

Date approved by School Learning and Teaching Committee: 28th September 2016

Date approved by School Board of Study : 12th October 2016

Date approved by University Learning and Teaching Committee: 2nd November 2016

Date of Annual Review: December 2017


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