Module title: International Political Economy

SCQF level: 10:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: SOE10106
Module leader: Alina Gavris
School The Business School
Subject area group: Management
Prerequisites

SOE07103 or equivalent
Principles of Economics
Introductory modules to Economics

2019/0, Trimester 2, Face-to-Face, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Alina Gavris
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
The module is taught in a series of 12 lectures, covering: the main trade theories and its application to trade policy and conflicts; basic international macro theories and their application to international macro policies and strategies; and specific contemporay issues in IPE. Problem solving and interactive windows (pauses in the lecture to allow key concepts to be explored in depth through open discussion with the students of real world examples) are used to encourage reflection and interaction during lectures. Revision questions are completed at the end of each lecture. The project will include exercises linked to each lecture. One to one help is provided during ‘surgeries’.

Embedding of employability/PDP/scholarship skills
Two employability skills are embeded and assessed: 1) Communication – Written communication skills are assessed in the project 2) IT – students use Internet and other computer software (Word, Excel etc) to produce an individual piece of coursework.

Assessment (formative and summative)
Formative and summative assessment will take place between week 3-13, through weekly quizzes and in week 10 when each student must submit a written project. Marks for the quizzes are released within a week. The project (a series of exercises connected to the lectures) is designed as formative assessment to prepare the students for the final examination and feedback for the project will be given to all students well ahead of the exam. Summative assessement will take the form of a written exam in weeks 14 or 15.

Research/ teaching linkages
Students will be required to use primary and secondary research in preparing their project. This will consist in data collection and statistical analysis connected to the research in international economics currently conducted by the teaching team.

Supporting equality and diversity
Materials are provided in hard and soft (Moodle) formats, to ensure they are available to all students.

Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 36
Online Tutorial 15
Independent Learning Guided independent study 147
Face To Face Centrally Timetabled (Digital) Exam 2
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Centrally Time Tabled Digital Examination 10 1- 6 13 HOURS= 0.3, WORDS= 0
Essay 40 1 - 6 10 HOURS= 0, WORDS= 2500
Centrally Time Tabled Examination 50 1 - 6 14/15 HOURS= 2, WORDS= 0
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

The module is divided in three parts. The first one looks at the area of trade policy, the second at policy in the international macro scene, and the third one focuses on contemporary issues in international political economy (IPE). The topics in the latter part may vary as issues change.

Trade Policy
- Comparative advantage and international factor movements
- The instruments of trade policy
- The political economy of trade policy
International macroecomic policy
- Exchange rates and the balance of payments
- Policy in the global capital market
- Exchange rate management and manipulation
Contemporary Issues in IPE
- Trade wars and protectionism
- Growth, Crisis and reform in developing countries
- Geopolitical conflicts aound natural resources
- Climate change negotiations

Learning Outcomes for module:

LO1: Analyse international trade flows to assess the benefits and risks to the various trading partners.
LO2: Evaluate the costs and benefits, the welfare effects and winners and losers of tariffs and other instruments of protection
LO3: Analyse the relevance of various trade policies for economic growth in Latin America and East Asian Countries.
LO4: Critically appraise the factors leading to the explosive growth of international financial markets and discuss proposed measures to enhance poorer countries' gains from participating in the world capital market.
LO5: Discuss the potential for balance of payments crises in developing countries and the need for reform
LO6: Critically assess the difficulties in achieving deals in climate change negotiations based on the economic situation of the different stakeholders.

Indicative References and Reading List - URL:

Core - OATLEY, P. (2012) INTERNATIONAL POLITICAL ECONOMY: PEARSON, 5th ed.
Recommended - KRUGMAN, P., OBSTFELD, M. AND MELITZ, M. (2012) INTERNATIONAL ECONOMICS: THEORY AND POLICY: PEARSON, 9th ed.
Recommended - SALVATORE, D. (2013) INTERNATIONAL ECONOMICS: TRADE AND FINANCE: WILEY, 11th ed.
Click here to view the LibrarySearch.