International Political Economy's Full Profile
This course will introduce you to the field of international political economy. International political economy combines two very important aspects of international relations: politics and economics. The goal of this course is to make you aware of the ways in which economics and politics influence each other when it comes to creating policy. It explores the interrelated nature of both economics (via its emphasis on markets) and politics (via its emphasis on power). This course is thus both an economics and a politics course. However, please note that though we will review some economics concepts, this course is not an econometrics course and does not require a background in economic methods.Economic policy can be an important instrument of statecraft and diplomacy between countries. For example, countries often use trade relationships, promises of aid, loans, and investments to build goodwill. On the other hand, countries can also use economic policy to punish or express disapproval towards other countries. The United Nations Security Council will often, for example, use economic sanctions as a policy instrument when a country is found to be in violation of international law.In this course, you will also learn about the international organizations and regimes that are designed to facilitate international economic transactions and ensure economic stability, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF). We will also review the impact that globalization has on the world economy and the gap between rich and poor countries.
Days of the Week:
Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
- Level of Difficulty: All Levels
- Size: One-on-One
- Cost: Free
- Institution: Saylor
- Topics: Econometrics, Economics
The mission of the Saylor Foundation is to make education freely available to all. Guided by the belief that technology has the potential to circumvent barriers that prevent many individuals from participating in traditional schooling models, the Foundation is committed to developing and advancing inventive and effective ways of harnessing technology in order to drive the cost of education down to zero
Saylor Offers Courses In:
Mathematics, Social Science
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