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European Union in Global Political Economy

Study Course Description

Course Description Statuss:Approved
Course Description Version:4.00
Study Course Accepted:09.02.2024 10:06:42
Study Course Information
Course Code:PZK_127LQF level:Level 7
Credit Points:5.00ECTS:7.50
Branch of Science:PoliticsTarget Audience:Political Science
Study Course Supervisor
Course Supervisor:Kārlis Bukovskis
Study Course Implementer
Structural Unit:Faculty of Social Sciences
The Head of Structural Unit:
Contacts:Dzirciema street 16, Rīga, szfatrsu[pnkts]lv
Study Course Planning
Full-Time - Semester No.1
Lectures (count)12Lecture Length (academic hours)2Total Contact Hours of Lectures24
Classes (count)8Class Length (academic hours)2Total Contact Hours of Classes16
Total Contact Hours40
Study course description
Preliminary Knowledge:
Basic knowledge of economic processes and concepts. Knowledge of international political relations.
Objective:
This course is aimed at a conceptual and practical teaching and discussions on challenges for the EU and Member States, especially the small ones, in the modern global political economy. It addresses the EU both as an actor of international economy and as structure for implementation of state economic and political interests. Students are expected to develop understanding and knowledge and be able to trace the origins of various processes of international (global and regional) economic integration; be able to discuss basic features of international financial and monetary systems, and their implications for national economic policies and national economic development; and be able to discuss the influence of the European Union and its member states in the global economic system.
Topic Layout (Full-Time)
No.TopicType of ImplementationNumberVenue
1Introduction. Latvia’s economy in the 21st century: ups and downs.Classes1.00auditorium
2Introduction. Latvia’s economy in the 21st century: ups and downs.Classes1.00auditorium
3State and global economic decision making. Regulating global production and capital.Lectures1.00auditorium
4State and global economic decision making. Regulating global production and capital.Lectures1.00auditorium
5Monetary Policy and Fiscal Policy.Lectures1.00auditorium
6State interests in Global Economy. Role of ideologies.Classes1.00auditorium
7State interests in Global Economy. Role of ideologies.Classes1.00auditorium
8Theoretical approaches to International Political Economy. Post-colonialism. Marxist approach to international relations, Globalization.Lectures1.00auditorium
9Conventional and Unconventional Development Theories.Lectures1.00auditorium
10Conventional and Unconventional Development Theories.Lectures1.00auditorium
11Latvia within the EU decision making on global economy.Classes1.00auditorium
12Latvia within the EU decision making on global economy.Classes1.00auditorium
13The modern financial structure and its origins. Influences of the global financial markets and actors.Lectures1.00auditorium
14The modern financial structure and its origins. Influences of the global financial markets and actors.Lectures1.00auditorium
15Economic and Monetary Union. Optimum Currency Areas. Eurozone and Eurosystem.Lectures1.00auditorium
16Dealing with myths and stereotypes. Report presentations and discussions.Classes1.00auditorium
17Dealing with myths and stereotypes. Report presentations and discussions.Classes1.00auditorium
18The many sides of the European Single Market and the challenges of the Multiannual Financial Framework of the European Union.Lectures1.00auditorium
19The European Union and its Domestic Economic Problems: Competitiveness and Productivity.Lectures1.00auditorium
20The European Union and its Global Economic Rivals.Lectures1.00auditorium
Assessment
Unaided Work:
The aim of the report (individual research paper) is to develop the skills to analyze. Therefore, it cannot be of descriptive character. It should be written on the stated question, not on the general topic. It is not an essay and does not mean that you simply have to express your opinion. You need to provide strong data and evidence supporting your arguments. Report has to include three aspects: o to clearly indicate the problems of the topic; o to investigate the problem via evaluation of at least three arguments and statistical data; o to conclude with your own arguments, research results and recommendations. The report has to be 5 full pages long. Written in English or Latvian. Each case of PLAGIARISM will be examined by the Faculty commission with possible expel of the student. All views and data which are not produced by the student in his own work must be referenced in accordance with the scientific requirements and formatting.
Assessment Criteria:
1) Active participation during the seminars and lectures, report presentation – 50% 2) Essays – 15% 3) Report – 20% 4) Exam – 15%
Final Examination (Full-Time):Exam (Written)
Final Examination (Part-Time):
Learning Outcomes
Knowledge:• Students will develop an understanding of modern financial structures and their origins. • Students will be able to identify major economic characteristics of the EU. • Students will understand the implications of small state engagement in the global economic system. • Students will be able to evaluate the monetary and fiscal policy of Latvia.
Skills:• Students will be able to trace the origins of various processes of international (global and regional) economic integration. • Students will be able to discuss basic features of international financial and monetary systems, and their implications for national economic policies and national economic development. • Students will be able to discuss the European Union institutions, their functioning and influence they provide for states in the global economic system.
Competencies:• Students will have a general understanding of the influence of the European Union, global financial markets and business actors. • Students will have understanding of the European Union institutions and decision making in the EU. • Students will be able to analyse market phenomena in international politics and present their findings. • Students will be able to present a coherent and well-argued position on global economic issues, and defend their views in debates.
Bibliography
No.Reference
Required Reading
1Gilpin, R. The Political Economy of International Relations. Princeton: Princeton University Press, 1987
2Braithwaite, J., Drahos, P. Global Business Regulation. Cambridge: Cambridge University Press, 2000
3Cini, M., Pérez-Solórzano Borragán N. European Union Politics. 6th ed., Oxford University Press, 2019.