Veidlapa Nr. M-3 (8)
Study Course Description

European Union in the International Political Economy

Main Study Course Information

Course Code
SZF_197
Branch of Science
Political science
ECTS
6.00
Target Audience
Business Management; Communication Science; Law; Management Science; Political Science; Social Anthropology
LQF
Level 7
Study Type And Form
Full-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Faculty of Social Sciences
Contacts

Dzirciema street 16, Rīga, szf@rsu.lv

About Study Course

Objective

The course focuses on conceptual and practical learning and discussion of challenges for EU and member states, especially small ones, in today’s global political economy. It EU looks at both as a player in the international economy and as a framework for the realisation of the country’s economic and political interests. Students are expected to develop understanding and knowledge during the course and to be able to trace the origins of the various processes of international (global and regional) economic integration; the basic features of international financial and monetary systems and their impact on national economic policies and national economic development will be discussed; and the influence of EU and its member states in the global economic system will be open to debate.

Preliminary Knowledge

Basic knowledge of economic processes and concepts. Knowledge in international political relations.

Learning Outcomes

Knowledge

1.Students will build an understanding of today’s financial structures and their origins.

2.Students will be able to identify key economic features of the EU.

3.Students will understand how the small country engages in the global economic system.

4.Students will be able to evaluate Latvia’s monetary and fiscal policy.

Skills

1.Students will be able to trace the origins of various processes of international (global and regional) economic integration.

2.Students will be able to discuss the basic features of international financial and monetary systems and their impact on national economic policies and the development of the national economy.

3.Students will be able to discuss the institutions of the European Union, their activities and the impact they provide to countries in the global economic system.

Competences

1.Students will have a general understanding of the impact of the European Union, global financial markets and business players.

2.Students will have an understanding of the institutions of the European Union and EU decision-making.

3.Students will be able to analyse market phenomena in international politics and present their conclusions.

4.Students will be able to take a coherent and well-reasoned position on global economic issues and defend their views in debates.

Assessment

Individual work

Title
% from total grade
Grade
1.

Message

20.00% from total grade
10 points
2.

Essay

15.00% from total grade
10 points

Examination

Title
% from total grade
Grade
1.

Participation and presentation

50.00% from total grade
10 points
2.

Exam

15.00% from total grade
10 points

Study Course Theme Plan

FULL-TIME
Part 1
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Introduction. Latvia’s economy in the 21st century: ups and downs.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Introduction. Latvia’s economy in the 21st century: ups and downs.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

National and global economic decision-making. Global production and capital regulation.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

National and global economic decision-making. Global production and capital regulation.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

Monetary policy and fiscal policy.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

The national interest in the global economy. The importance of ideologies.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

The national interest in the global economy. The importance of ideologies.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

Theoretical approaches to the International political economy. Post colonialism. Marxist approach in international relations, globalisation.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

Theories of conventional and non-conventional development.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

Theories of conventional and non-conventional development.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Latvia EU decision-making on the global economy.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Latvia EU decision-making on the global economy.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

The modern financial structure and its origins. Impact of global financial markets and actors.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

The modern financial structure and its origins. Impact of global financial markets and actors.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

Economic and monetary union. Optimal currency zones. Eurozone and Eurosystem.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Unmasking myths and stereotypes. Presentation and discussion of messages.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Unmasking myths and stereotypes. Presentation and discussion of messages.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

The many facets of the European single market. The multiannual financial framework of the European Union.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

The European Union and its domestic economic challenges: competitiveness and productivity.
  1. Lecture

Modality
Location
Contact hours
On site
Study room
2

Topics

The European Union and its global economic rivals.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Consultancy services
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Consultancy services
  1. Class/Seminar

Modality
Location
Contact hours
On site
Study room
2

Topics

Consultancy services
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Exam
  1. Consultation

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Exam
  1. Test

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Exam
Total ECTS (Creditpoints):
6.00
Contact hours:
48 Academic Hours
Final Examination:
Exam

Bibliography

Required Reading

1.

Gilpin, R. 1987. The Political Economy of International Relations. Princeton: Princeton University Press. (fundamentāls mācību materiāls)Suitable for English stream

2.

Braithwaite, J., Drahos, P. 2000. Global Business Regulation. Cambridge: Cambridge University Press. (unikāls mācību materiāls)Suitable for English stream

3.

Cini, M., Pérez-Solórzano Borragán N. 2022. European Union Politics. 7th ed. Oxford University Press.Suitable for English stream

4.

Hamilton, D. S., Quinlan, J. P. 2022. The Transatlantic Economy 2022: Annual Survey of Jobs, Trade and Investment between the United States and Europe, Washington, DC: Foreign Policy Institute, Johns Hopkins University SAIS.Suitable for English stream

5.

European Commission. 2023. European Economic Forecast. Summer 2023, Brussels: European Commission DG for Economic and Financial Affairs.Suitable for English stream

6.

Gatis Krūmiņš (red.). 2017. Latvijas Tautsaimniecības vēsture. Rīga: Jumava. (latviešu plūsmai)

7.

Crisis, Karlis Bukovskis (ed.). 2014. The Politics of Economic Sustainability. Baltic and Visegrad Responses to the European Economic. Riga: Latvian Institute of International Affairs, Friedrich Ebert Stiftung.Suitable for English stream

8.

Oatley, T. 2019. International Political Economy. 6th ed. New York: Routledge.Suitable for English stream

9.

Bénassy- Quéré, A., Cœuré, B, Jacquet, P., Pisani- Ferry, J. 2019. Economic Policy. Theory and Practice. 2nd ed. Oxford: oxford University Press.Suitable for English stream

10.

O'Brien, R., Williams, M. 2020. Global Political Economy: Evolution and Dynamics. 6th ed.Suitable for English stream

11.

Cohn, T. 2020. Global Political Economy: Theory and Practice. 8th ed. New York: Routledge.Suitable for English stream

12.

Peet, R., Hartwick E. 2015. Theories of Development. Contentions, Arguments, Alternatives. 3rd ed. New York, London: The Guilford Press.Suitable for English stream

13.

Eichengreen, B., Sussman, N. 2000. The International Monetary System in the (Very) Long Run, Washington DC: International Monetary Fund. (fundamentāls mācību materiāls)Suitable for English stream

14.

Mundell, R. 1961. “A Theory of Optimum Currency Areas”. The American Economic Review, 51, 4, 657-665. (unikāls mācību materiāls)Suitable for English stream