European Union in the International Political Economy
Study Course Implementer
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
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Introduction. Latvia’s economy in the 21st century: ups and downs.
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Introduction. Latvia’s economy in the 21st century: ups and downs.
|
-
Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
|
On site
|
Study room
|
2
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Topics
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National and global economic decision-making. Global production and capital regulation.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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National and global economic decision-making. Global production and capital regulation.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Study room
|
2
|
Topics
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Monetary policy and fiscal policy.
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Study room
|
2
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Topics
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The national interest in the global economy. The importance of ideologies.
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The national interest in the global economy. The importance of ideologies.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Theoretical approaches to the International political economy. Post colonialism. Marxist approach in international relations, globalisation.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Theories of conventional and non-conventional development.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Theories of conventional and non-conventional development.
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Latvia EU decision-making on the global economy.
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Latvia EU decision-making on the global economy.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The modern financial structure and its origins. Impact of global financial markets and actors.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The modern financial structure and its origins. Impact of global financial markets and actors.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Economic and monetary union. Optimal currency zones. Eurozone and Eurosystem.
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Unmasking myths and stereotypes. Presentation and discussion of messages.
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Unmasking myths and stereotypes. Presentation and discussion of messages.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The many facets of the European single market. The multiannual financial framework of the European Union.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The European Union and its domestic economic challenges: competitiveness and productivity.
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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The European Union and its global economic rivals.
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Consultancy services
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Consultancy services
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Study room
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2
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Topics
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Consultancy services
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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Off site
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E-Studies platform
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2
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Topics
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Exam
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Consultation
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Modality
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Location
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Contact hours
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|---|---|---|
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Off site
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E-Studies platform
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2
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Topics
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Exam
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Test
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Modality
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Location
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Contact hours
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|---|---|---|
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Off site
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E-Studies platform
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2
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Topics
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Exam
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Bibliography
Required Reading
Gilpin, R. 1987. The Political Economy of International Relations. Princeton: Princeton University Press. (fundamentāls mācību materiāls)Suitable for English stream
Braithwaite, J., Drahos, P. 2000. Global Business Regulation. Cambridge: Cambridge University Press. (unikāls mācību materiāls)Suitable for English stream
Cini, M., Pérez-Solórzano Borragán N. 2022. European Union Politics. 7th ed. Oxford University Press.Suitable for English stream
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
European Commission. 2023. European Economic Forecast. Summer 2023, Brussels: European Commission DG for Economic and Financial Affairs.Suitable for English stream
Gatis Krūmiņš (red.). 2017. Latvijas Tautsaimniecības vēsture. Rīga: Jumava. (latviešu plūsmai)
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
Oatley, T. 2019. International Political Economy. 6th ed. New York: Routledge.Suitable for English stream
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
O'Brien, R., Williams, M. 2020. Global Political Economy: Evolution and Dynamics. 6th ed.Suitable for English stream
Cohn, T. 2020. Global Political Economy: Theory and Practice. 8th ed. New York: Routledge.Suitable for English stream
Peet, R., Hartwick E. 2015. Theories of Development. Contentions, Arguments, Alternatives. 3rd ed. New York, London: The Guilford Press.Suitable for English stream
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
Mundell, R. 1961. “A Theory of Optimum Currency Areas”. The American Economic Review, 51, 4, 657-665. (unikāls mācību materiāls)Suitable for English stream