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IR3004   International Political Economy

Academic year(s): 2024-2025

Key information

SCOTCAT credits : 30

ECTS credits : 15

Level : SCQF level 9

Semester: 2

Planned timetable: 11.00 am Fri

This module explores the politics of international economic relationships, looking at production, trade and finance activity in both developed and developing economies. The standard theoretical approaches of mercantilism, liberalism and Marxism are introduced, along with several alternative perspectives used to study the international economy from the perspective of international politics. A single module to cover all aspects of a subject as wide-ranging as international political economy would be difficult, therefore the module will focus its coverage on specific aspects of production, trade and finance. All of these topics are subject to various forms of national and international regulation which leads to a consistent theme throughout the module concerning global governance.

Relationship to other modules

Pre-requisite(s): Before taking this module you must pass IR2006

Learning and teaching methods and delivery

Weekly contact: 1 x 1-hour lecture (x 10 weeks), 1 x 1-hour tutorial (x 10 weeks), 2 consultation hours with Coordinator (x 12 weeks). 2 hours examination feedback in week 1 of following semester.

Scheduled learning hours: 20

Guided independent study hours: 280

Assessment pattern

As used by St Andrews: 3-hour Written Examination = 50%, Coursework = 50%

Re-assessment: 3-hour Written Examination = 100%


Module coordinator: Dr W B Vlcek
Module teaching staff: Dr W Vlcek

Intended learning outcomes

  • develop students’ knowledge of the major theoretical approaches used in IPE.
  • enhance students’ ability to relate the theories to a range of policy questions on the political economy of production, trade, and finance.
  • provide students with an informed understanding of the relationship between economic motivations and political motivations in the shaping of national, regional and global economic policy and governance.
  • provide students with the skills to analyse the current issues in IPE, identify the various economic and political features involved and to formulate reasoned policy proposals to address them.