International political economy and finance

The course provides an overview of different theoretical approaches in international political economy ranging from neoclassical mainstream perspectives to critical global political economy. Based on this, it gives a historical overview of the international financial system (from the Gold Standard to the Bretton Woods system to the current international financial architectures) and focusses on selected questions of monetary policy and international finance such as the role of the US Dollar in the global economy and its implications.

Mode of delivery

face to face

Type

compulsory

Planned learning activities and teaching methods

Lecture, discussions, case studies and group work

Assessment methods and criteria

Final exam with open questions that requires students to show how they apply their knowledge in the field of international political economy (70 points). Group work and group presentations on selected case studies assess the students’ capacity to apply theoretical perspectives and to assess and evaluate different aspects and dimensions of historical and contemporary developments in the international political economy. In so doing, theories are applied to case studies (30 points).

Prerequisites and co-requisites

None

Infos

Degree programme

International Banking and Finance (Master)

Cycle

Master

ECTS Credits

3.00

Language of instruction

English

Curriculum

Part-Time

Academic year

2024

Semester

2 SS

Incoming

Yes

Learning outcome

After successful completion of this course, the students can describe central aspects such as international finance and international trade and different theoretical approaches in international political economy. Moreover, students are able to explain and compare different theoretical perspectives such as neoclassical and Keynesian perspectives on the international financial architecture. Based on these theoretical perspectives, students are able to analyse historical and contemporary developments in the international political economy. In addition, students are able to assess important international dynamics such as the rise of China and the international implications.

Course code

0230-17-01-BB-EN-14

International political economy and finance