Veidlapa Nr. M-3 (8)
Study Course Description
Political and International Economics
Course Code
SZF_017
Branch of Science
Political science
ECTS
3.00
Target Audience
Political Science
LQF
Level 6
Study Type And Form
Full-Time
Study Course Implementer
Course Supervisor
Kārlis Bukovskis
Structure Unit Manager
Ieva Puzo
Structural Unit
Faculty of Social Sciences
Contacts
Dzirciema street 16, Rīga, szf@rsu.lv
About Study Course
Objective
The aim of the course is to provide a general idea about economic processes and their interaction with political developments, both nationally and internationally.
Preliminary Knowledge
Basic knowledge of the economy and its terms. Intermediate level knowledge in politics science and international relations processes.
Learning Outcomes
Knowledge
1.Within the framework of lectures and seminars, students will have to learn how to understand the correlation between political and economic processes, including global problems, the operation of the banking system, the international financial system, and the economic challenges of Latvia and the European Union.
Skills
1.After completing the course students must be able to orient themselves in the basic economic terms and concepts, indicators that characterize economic development, to distinguish the views of different theoretical schools on the principles of economic structures, and to critically evaluate the economic developments in Latvia and in the world.
Competences
1.At the end of the course, the student will be able to understand the specificities and processes of the political economy and globalisation and their impact on people's daily lives.
Assessment
Individual work
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Title
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% from total grade
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Grade
|
|---|---|---|
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1.
Individual work |
-
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-
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|
As part of the course, students will have to read mandatory literature (for each lesson up to 50 pages), write seven short essays on the subject, actively participate during seminars, write a report, and successfully complete the course's final exam.
In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal.
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Examination
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Title
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% from total grade
|
Grade
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|---|---|---|
|
1.
Examination |
-
|
-
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|
2.
Examination |
-
|
-
|
|
Active participation during the seminars and lectures – 40%;
Essays and written answers to seminar questions – 20%;
Report – 25%;
Exam – 15%.
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Study Course Theme Plan
FULL-TIME
Part 1
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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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Auditorium
|
2
|
Topics
|
Introduction and course requirements. Economics and Political Economy. Periods of modern capitalism: the Bretton Woods system and neoliberalism.
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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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Auditorium
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2
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Topics
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Basic terms in political economy and economic analysis.
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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
|
Auditorium
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2
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Topics
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Economic governance: fiscal policy and monetary policy.
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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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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
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Financial history. International monetary systems. Banks and their structural role in 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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|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
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International Trade. World Trade Organization. Regional free trade agreements.
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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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Auditorium
|
2
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Topics
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Global governance 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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Auditorium
|
2
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Topics
|
Global economic challenges for societies and countries.
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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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|---|---|---|
|
On site
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Auditorium
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2
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Topics
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Theories of International Political Economy. Economic liberalism (Neoclassical approach), economic nationalism (Keynesianism approach and Institutionalist approach), economic Marxism.
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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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Auditorium
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2
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Topics
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National economic interests.
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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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Auditorium
|
2
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Topics
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Logic of entrepreneurship.
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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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Auditorium
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2
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Topics
|
Strongest political actor in the international 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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Auditorium
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2
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Topics
|
Economic problems of Latvia.
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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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|---|---|---|
|
On site
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Auditorium
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2
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Topics
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The state, entrepreneurs and the workforce: who is the most important?
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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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|---|---|---|
|
On site
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Auditorium
|
2
|
Topics
|
The state, entrepreneurs and the workforce: who is the most important?
|
-
Class/Seminar
|
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
|
2
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Topics
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Exam
|
-
Unaided Work
|
Modality
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Location
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Contact hours
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|---|---|---|
|
Off site
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E-Studies platform
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0
|
Topics
|
Exam
|
Total ECTS (Creditpoints):
3.00
Contact hours:
30 Academic Hours
Final Examination:
Exam (Written)
Bibliography
Required Reading
1.
Visa literatūra ir angļu valodā un piemērota gan latviešu, gan angļu plūsmas studentiem
2.
Krugman, P., Wells, R. 2018. Macroeconomics. 5th ed. New York: Worth Publishers, chapters on Fiscal Policy and Monetary Policy.
3.
Oatley, T. 2019. International Political Economy. 6th ed. New York: Routledge, 279-307.
4.
Carreras, A. 2006. The Twentieth Century – From Break with the Past to Prosperity. In An Economic History of Europe. From Expansion to Development, Antonio Di Vittorio, ed. New York: Routledge, 239-353.
5.
Braithwaite, J., Drahos, P. 2000. Global Business Regulation. Cambridge: Cambridge University Press. – pp. 15-36.
6.
Banerjee, A., Duflo, E. 2012. Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. New York: Public Affairs, ch. 1-2.
7.
Stilwell, F. 2019. From Economics to Political Economy: Contradictions, Challenge, and Change, American Journal of Economics and Sociology, 78(1), 35-62.
8.
Yülek, M. A. 2018. How Nations Succeed. Manufacturing, Trade, Industrial Policy, and Economic Development. New York: Palgrave Macmillan, 155-168, 207-216.
9.
Cohn, T. 2020. Global Political Economy: Theory and Practice. 8th ed. New York: Routledge, 354-402.
Additional Reading
1.
European Commission. 2020 European Semester: Country Specific Recommendation, Commission Recommendation – Latvia.
2.
Ministry of Finance of the Republic of Latvia, 2020. 2020 Budget of the Republic of Latvia.