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HACETTEPE UNIVERSITY FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES DEPARTMENT OF INTERNATIONAL RELATIONS INR 316 INTERNATIONAL POLITICAL ECONOMY II 2012-2013 SPRING SEMESTER Class Time: Wednesday, 9:00-11:45 am Place: DZ13 Lecturer: Itır ÖZER İMER, Ph.D. Office Hour: Thursday 13:30– 15:30 or by appointment Phone: 297 81 11 E-mail: [email protected] Text: Spero, J. E. and Hart, J. A. The Politics of International Economic Relations, Seventh Edition, Wadsworth Publishing, 2010. Suggested Texts: Balaam D.N. and B. Dillman, Introduction to International Political Economy, Fifth Edition, Pearson Education, N.J., 2011. Gilpin, R., The Political Economy of International Relations, Princeton University Press, 1987. Gilpin, R., Global Political Economy: Understanding the International Economic Order, Princeton University Press, 2001. Walter, A. and G. Sen, Analyzing the Global Political Economy, Princeton University Press, 2009. Watson, M. Foundations of International Political Economy, Palgrave MacMillan, 2005. Miller, R. C. International Political Economy: Contrasting World Views, Routledge, 2008. Cohen, B. J. International Political Economy: An Intellectual History, Princeton: Princeton University Press, 2009. Course Objectives: This course aims to highlight the role of economic power in international relations and possession of global power structure. It explores how economic structure and economic policies are employed in seeking global power. Course Requirements: You are expected to attend classes and to participate in discussions. There will be one midterm exam and a comprehensive final exam (the dates of the exams are to be announced in due course). The midterm exam will account for 40% and final exam 60% of the final grade. You are also required to get at least 50 out of 100 in the final exam, no matter what your grades were in the the midterm. Tentative Course Outline: WEEK 1. Governing the International Monetary System I The Bretton Woods System From Bretton Woods to Interdependence WEEK 2. Governing the International Monetary System II Interdependence WEEK 3. Governing the International Monetary System III Globalization Crisis Management WEEK 4. The Multinational Corporation and Global Governance Common Characteristics of MNCs Trends in FDI and Other MNC Activities WEEK 5. The Multinational Corporation and Global Governance The Consequences of MNC Activity WEEK 6. Financial Flows to Developing Countries I Bretton Woods and Foreign Aid WEEK 7. Financial Flows to Developing Countries II Financial Flows in the Era of Interdependence-The Debt Crisis of the 1980s WEEK 8. Mid-term Exam WEEK 9. Financial Flows to Developing Countries III Globalization-Financial Crisis of the 1990s WEEK 10. Multinational Corporations in the Third World I The Role of MNCs and FDI in the South Interdependence WEEK 11. Multinational Corporations in the Third World II Globalization WEEK 12. Oil and Politics I Corporate Oligopoly The OPEC System Other OPECs? WEEK 13. Oil and Politics II OPEC in Decline Era of Globalization Changing Economics of Oil at the End of the Twentieth Century WEEK 14. Concluding Remarks