Economics is the study of production, distribution and consumption of scarce resources. Political Economy considers the role that state plays in such production, distribution and consumption. International Political Economy (IPE) considers the flow of such variables, across national borders, recognizing that not just national government play a role, but foreign governments and international institutions must also be taken into account.



Course outline:

1. Introduction to International Political Economy (IPE)

2. Approaches to study of IPE

3. The nature of IPE

4. National Systemsand Political Economy

          a. Difference among national economies

          b. The American System

          c. The Japanese System

          d. The German System

5. Trade Policy, Factors and Sectors; voters and politicians

6. The International Monetary System

7. The state and Economic Development

8. The Political Economy of regional integration