European Union in Global Political Economy
Study Course Implementer
Dzirciema street 16, Rīga, szf@rsu.lv
About Study Course
Objective
Preliminary Knowledge
Learning Outcomes
Knowledge
1.• Students will build an understanding of modern financial structures and their origins. • Students will be able to identify key economic characteristics of the EU. • Students will understand how a small country gets involved in the global economic system. • Students will be able to assess Latvia’s monetary and fiscal policy.
Skills
1.• Students will be able to trace the origins of various international (global and regional) economic integration processes. • Students will be able to discuss the fundamentals of international financial and monetary systems and their impact on national economic policies and the development of the country’s economy. • Students will be able to discuss institutions of the European Union, their activities and the impact they have on 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. • Students will have an understanding of institutions of the European Union and decision-making in the EU. • Students will be able to analyse market phenomena in international politics and present their findings. • Students will be able to express a harmonised and well-reasoned position about global economic issues and defend their views in the debate.
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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The objective of the report (individual research paper) is to develop analytical skills, so it cannot be descriptive. It should be written on the given topic, not a general topic. It is not an essay and the student cannot simply express his/her opinion. The student should provide justified data and evidence confirming arguments. The report should include three aspects:
- clearly specify the problem of the topic;
- study the problem by evaluating at least three arguments and statistical data;
- the report should end with own arguments, research results, and recommendations.
The report should be 5 pages long. It may be in Latvian or English. Each case of PLAGIARISM will be examined by the faculty commission considering possible expulsion of the student. All opinions and data other than those produced by the student must have references in accordance with scientific requirements and formatting.
To assess the overall quality of the study course, the student must complete the course evaluation questionnaire on the Student Portal.
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Examination
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Title
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% from total grade
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Grade
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1.
Examination |
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Timely submission of essays (1 page) and the report is a mandatory part of the course. Reports, report presentations and essays must be submitted electronically in .pdf format in the online system. The essay can be written and submitted in Latvian or English.
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2.
Examination |
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1) Active participation during the seminars and lectures, report presentation – 50%;
2) Essays – 15%;
3) Report – 20%;
4) Exam – 15%.
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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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On site
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Auditorium
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2
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Topics
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Introduction. Latvian economy in the 21st century: rises and falls.
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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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Introduction. Latvian economy in the 21st century: rises and falls.
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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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Taking national and global economic decisions. Global of regulation of production and capital.
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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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Taking national and global economic decisions. Global of regulation of production and capital.
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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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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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On site
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Auditorium
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2
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Topics
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National interests in global economy. Meaning 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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On site
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Auditorium
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2
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Topics
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National interests in global economy. Meaning 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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Auditorium
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2
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Topics
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Theoretical approaches to the International Political Economy. Postcolonialism. Marxist approaches to 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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On site
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Auditorium
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2
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Topics
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Conventional and non-conventional development theories.
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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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Conventional and non-conventional development theories.
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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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Latvia in EU decision-making about 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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On site
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Auditorium
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2
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Topics
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Latvia in EU decision-making about 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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On site
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Auditorium
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2
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Topics
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Modern financial structure and its origins. Impact of global financial markets and players.
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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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Modern financial structure and its origins. Impact of global financial markets and players.
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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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Economic and Monetary Union. Optimum currency area. Euro area 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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On site
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Auditorium
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2
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Topics
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Uncovering myths and stereotypes. Presentations of reports and discussion.
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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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Uncovering myths and stereotypes. Presentations of reports and discussion.
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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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Many edges of the European Single Market. 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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On site
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Auditorium
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2
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Topics
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European Union and its domestic economic problems: 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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On site
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Auditorium
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2
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Topics
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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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On site
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Auditorium
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2
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Topics
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Consultations
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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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Consultations
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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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Consultations
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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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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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Class/Seminar
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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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2
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Topics
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Exam
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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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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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Unaided Work
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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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0
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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)
Braithwaite, J., Drahos, P. 2000. Global Business Regulation. Cambridge: Cambridge University Press. (unikāls mācību materiāls)
Cini, M., Pérez-Solórzano Borragán N. 2022. European Union Politics. 7th ed. Oxford University Press.
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.
European Commission. 2023. European Economic Forecast. Summer 2023, Brussels: European Commission DG for Economic and Financial Affairs.
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.
Oatley, T. 2019. International Political Economy. 6th ed. New York: Routledge.
Bénassy- Quéré, A., Cœuré, B, Jacquet, P., Pisani- Ferry, J. 2019. Economic Policy. Theory and Practice. 2nd ed. Oxford: oxford University Press.
O'Brien, R., Williams, M. 2020. Global Political Economy: Evolution and Dynamics. 6th ed.
Cohn, T. 2020. Global Political Economy: Theory and Practice. 8th ed. New York: Routledge.
Peet, R., Hartwick E. 2015. Theories of Development. Contentions, Arguments, Alternatives. 3rd ed. New York, London: The Guilford Press.
Eichengreen, B., Sussman, N. 2000. The International Monetary System in the (Very) Long Run, Washington DC: International Monetary Fund. (fundamentāls mācību materiāls)
Mundell, R. 1961. “A Theory of Optimum Currency Areas”. The American Economic Review, 51, 4, 657-665. (unikāls mācību materiāls)