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Department of Politics

CORNELL COLLEGE
Department of Politics

349: International Political Economy

November 2005

Dr. David W. Loebsack, Instructor
Jean Donham , Consulting Librarian

COURSE DESCRIPTION

Class Meets: Generally, M-F 9-11 but there will be some days when we meet morning and afternoon. See the schedule below for the particulars.
Office Hours: Generally 11-12 (except Tuesday) and by appointment
Phone: 895-4300
Fax: 895-4284
Email: dloebsack@cornellcollege.edu

Purpose:

This course is designed to introduce the student to the linkages between international economic transactions and political factors that often constrain economic actors. It provides a broad overview of the transformation of the international capitalist political economy since WWII and various frameworks for analyzing these changes. It is thus both empirical and conceptual. It is therefore concerned with many of the aspects of what has become known as "globalization." Moreover, the student economist will learn just how critical politics can be in the international economic realm while the budding political scientist (or, attorney, as the case may be) will once again be reminded of the omnipresent forces of the market.

Much of our time will be taken up reviewing the post-WWII history of trade and money issues as well as the role of multinational corporations. In addition, we shall spend considerable time on U.S. trade policy, the rise of "globalization," and the various responses to this phenomenon.

Readings:

David N. Balaam and Michael Veseth, Introduction to International Political Economy, Third Edition (B&V)
Joseph Stiglitz, Globalization and its Discontents

Requirements:

Two exams - 20% and 30%.
One paper - 30%.
One paper presentation - 10%.
Class participation - 10%.

  1. Two exams, the first worth 20% and the second worth 30% of the course grade.
  2. Research paper (12 typed, double-spaced pages) worth 30% of the course total. The paper will require full documentation via footnotes or endnotes and a bibliography. The oral presentation is worth 10%. The paper is due at 12 p.m. November 23.

    You are required to present the paper in class during the last week of the term. Each student will be allotted 20 minutes, 15 minutes for the presentation and 5 minutes for questions/discussion.

    November 4 is reserved solely for paper conferences. At that conference, you should be ready to discuss with me not only your topic but also the issues/themes you wish to research. In other words, you need to have developed a statement of purpose. There is no roughdraft required. However, if you wish me to read one, it must be to me no later than Wednesday, November 16 to allow me time to read it and comment on it by Friday, November 18. You also should note that a roughdraft should not be so rough that I would need to edit it extensively. The primary purpose of submitting a roughdraft is to get my feedback as to whether you are covering the topic correctly and organizing your thoughts in a logical fashion.

  3. Class participation worth 10% of the course grade. I expect students to keep up with the reading and come to class prepared to discuss the assignments. Also, you should keep in mind that attendance at your colleagues' paper presentation is mandatory. If you fail to attend one or more of the presentations (without a legitimate excuse), you will earn no higher than a C- for class participation.

Schedule:

Week 1 - October 31-November 4

Monday 9-11- Introduction: what is international political economy? Theoretical approaches to international political economy. B&V, chs. 1-2.

Tuesday - 9-10 - Meet in Library 127 for instruction with Jean Donham.
10-11 -
Theoretical approaches (cont.). B&V. chs. 3-5.

Wednesday - No class

Thursday 9-11- Trade and Money. B&V, chs. 6-8.
1-3 - Global Security and Technology. B&V, chs. 9-10.

Friday 9-12 - Paper conferences.

Week 2 - November 7-11

Monday 9-11 - States and Markets: Regions of the World. B&V, chs. 11-13.

Tuesday 9-11 - Exam 1.

Wednesday 9-11 - North-South. B&V, chs. 15, 17-18.
1-2 - Library 126 to work on papers.

Thursday 9-10- Guest Lecturer, Fareed Zakaria, Newsweek International Editor
10-11 - Finish North-South.

Friday - 9-11 - Global Issues. B&V, chs. 19-20.

Week 3 - November 14-18

Monday - 9-11 - Focus on globalization. Stiglitz, Introduction and chapters 1-2.

Tuesday 9-11 - Globalization (cont.). Stiglitz, chapters 3-5.

Wednesday 9-11 - Globalization (cont.). Stiglitz, chapters 6-7.

Thursday 9-11 - Globalization (cont.). Stiglitz, chapters 8-9, Afterword; B&V, chapter 21.

Friday 9-12 - Exam 2.

Week 4 - November 21-23

Monday 9-11 - Paper presentations

Tuesday 9-11 - Paper presentations.

Wednesday - Paper due at 12 p.m.

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