ECON G135: International Political Economy
| Item | Value |
|---|---|
| Curriculum Committee Approval Date | 12/01/2020 |
| Top Code | 220400 - Economics |
| Units | 3 Total Units |
| Hours | 54 Total Hours (Lecture Hours 54) |
| Total Outside of Class Hours | 0 |
| Course Credit Status | Credit: Degree Applicable (D) |
| Material Fee | No |
| Basic Skills | Not Basic Skills (N) |
| Repeatable | No |
| Grading Policy | Standard Letter (S),
|
| Local General Education (GE) |
|
| California General Education Transfer Curriculum (Cal-GETC) |
|
| Intersegmental General Education Transfer Curriculum (IGETC) |
|
| California State University General Education Breadth (CSU GE-Breadth) |
|
Course Description
This course is identical to PSCI G135. This course examines the relationship between economics and political science through an international lens. Students will explore a range of topics that bridge the gap between politics and economies by analyzing complex issues that include global disparities, the rise of emerging markets, and the strategic interaction between international actors and policy. Enrollment Limitation: PSCI G135; students who complete ECON G135 may not enroll in or receive credit for PSCI G135. Transfer Credit: CSU; UC.
Course Level Student Learning Outcome(s)
- Course Outcomes
- Identify international organizations and their role in the global economy.
- Compare different economic and political systems.
- Assess the effects of economic and political policies.
Course Objectives
- 1. Apply supply and demand to analyze markets for private and public goods and create solutions to economic problems.
- 2. Assess the effects of government policy on international issues.
- 3. Compare and contrast different economic systems and theories.
- 4. Apply theories that analyze past and present issues.
- 5. Summarize the roles international organizations play in creating a global economy.
- 6. Evaluate the rise and fall of popular economic theories during periods of conflict.
- 7. Discuss what political and economic factors promote growth in developing versus developed countries.
- 8. Calculate different economic indicators that provide an economic outlook of a country.
- 9. Discuss the change of political frameworks through conflicts domestically.
Lecture Content
Introduction to Economic Theories Scarcity and opportunity cost Production possibilities Resource allocation Comparative advantage Demand and supply Law of demand Law of supply Equilibrium Welfare Analysis Consumer and Producer Surplus Markets Different economic systems Command economy Market economy Government intervetion Inefficiencies Political Frameworks and Policy-Making Description of different political frameworks Capitalism Socialism Communism The decision-making process Policy outcomes and political indicators Economic Structures and Theories introduction to theories of economic perspectives Economic Liberalism Mercantilism Classical vs Keynesian Economics Economic indicators Gross Domestic Product (GDP) Real GDP Nominal GDP GDP per capita Gross National Product Short comings of GDP Unemployment Cyclical Structural Frictional Inflation Central Bank influence Consumer Price Index Purchasing Power Parity Trade Tariffs Non-tariff Barriers Decision making process Policy Outcomes International Actors and Organizations World Bank, International Monetary Fund, and World Trade Organization Importance and Roles P romote growth Financial incentives Loans Mutual interest Critiques Trade inequality Exploitation of resources Environment degradation Resource curse Greenhouse gasses Pollution Development Theories of development Classification system Developed Lesser developed Factors of development Access to education Property rights Corruption Diversification of economy Human capital Education On the job training Brain drain Migration/Urbanization Push factors Pull factors Brain drain International Political Economic Issues Examine relevant current issues (examples may include) Growth of World Trade Organization Rounds of Negotiation Elections Evolution of Trade Agreements North American Free Trade Agreement (NAFTA) United States Mexico and Canada (USMCA) European Union Trade System (EU) The changing role of the United Nations Rise of Brazil, Russia, India, and China (BRIC) Other issues to be determined by faculty
Method(s) of Instruction
- Lecture (02)
- DE Live Online Lecture (02S)
- DE Online Lecture (02X)
Instructional Techniques
Lectures will utilize all current technologies avalibable. Teaching methods utilized will help build critical thinking and problem solving skills realted to material presented in the course.
Reading Assignments
Weekly reading of the course textbook. Supplemental reading of current articles and periodicals relating to course content.
Writing Assignments
Short answer analysis involving subjective and objective answers using economic and political concepts covered in class. Projects including the development of a country focusing on economic, political, and societal changes endured. Written homework assignments and discussions requiring the use of course content.
Out-of-class Assignments
Assignments demonstrating application of course material including graphing, mathematical computation, and problem solving skills used to explain and provide solutions to economic applications.
Demonstration of Critical Thinking
Writing assignments, quizzes, exams, or discussions that demonstrate application and analysis of course content. Discussions that use the basic tools of economic analysis applied to current issues and foster discussion of differing viewpoints.
Required Writing, Problem Solving, Skills Demonstration
Use of economic equations, graphing, and theory to explain and provide solutions to course concepts demonstrated through written assignments and exams.
Eligible Disciplines
Economics: Masters degree in economics OR bachelors degree in economics AND masters degree in business, business administration, business management, business education, finance, or political science OR the equivalent. Masters degree required. Political science: Masters degree in political science, government, or international relations OR bachelors degree in any of the above AND masters degree in economics, history, public administration, social science, sociology, any ethnic studies, J.D., or LL.B. OR the equivalent. Masters degree required.
Textbooks Resources
1. Required Cohn, T.H.. Global Political Economy , 8th ed. Routledge, Tayllor Francis Group, 2020 Rationale: Theodore Cohn analyzes the importance of the global economy and how different political and economic issues arise. Chapter contents closely align with course content for this course.
Other Resources
1. Microsoft Excel. Microsoft, 2019 ed.Statistical Software to organize and display data. Current publications in economics such as The Wall Street Journal, The Economist, WTO, World Bank, IMF, and USA Goverment Agencies