International Political Economy
| Module title | International Political Economy |
|---|---|
| Module code | BEE3042 |
| Academic year | 2024/5 |
| Credits | 15 |
| Module staff | Dr Rakesh Banerjee (Convenor) |
| Duration: Term | 1 | 2 | 3 |
|---|---|---|---|
| Duration: Weeks | 11 | 0 | 0 |
| Number students taking module (anticipated) | 75 |
|---|
Module description
The module focuses on the relation between institutions and economic development. Societies across the world are organized in different ways. These differences in organization often leads to differences in economic outcomes. The module will look into questions such as: do institutions matter? what features of institutions foster economic development? and why certain institutions emerge in certain places? This module will consider institutions as both formal institutions like law and political organization as well as informal institutions like norms and culture.
Additional Information:
Internationalisation
The module critically looks at the role of institutions, particularly political institutions, to explain differences in economic outcomes across societies. Thus, the course is inherently international.
Employability
Students will get a chance to get themselves acquainted with the theoretical and empirical tools used by top researchers in the field. In addition, students will also have an opportunity to develop their writing and analytical skills. These skills are valued by employers.
The assessment structure on this module is subject to review and may change before the start of the new academic year. Any changes will be clearly communicated to you before the start of term and if you wish to change module as a result of this you can do so in the module change window.
Module aims - intentions of the module
The aims of the module are to develop the themes introduced in the first year modules in the Introduction to Political Economy and the Philosophy of Economics by their application to contemporary issues in globalisation, ethics and morality, economic methodology and ideology.
Intended Learning Outcomes (ILOs)
ILO: Module-specific skills
On successfully completing the module you will be able to...
- 1. Describe the concept of institutions.
- 2. Explain the role of institutions in shaping economic conditions.
- 3. Explain the role of history in shaping institutions.
ILO: Discipline-specific skills
On successfully completing the module you will be able to...
- 4. Discuss an important underlying framework for economic development.
- 5. Indicate the frontier research topics in the area of economic development.
ILO: Personal and key skills
On successfully completing the module you will be able to...
- 6. Demonstrate writing and analytical skills.
Syllabus plan
- Introduction
- The empirical relationship between institutions and economic development
- Colonialism and institutions
- Persistence of institutions
- Functions of institutions
- Democracy and economic development
- Social institutions
- Historical conditions and institutions in Africa
- Historical conditions and institutions in the Middle East
Learning activities and teaching methods (given in hours of study time)
| Scheduled Learning and Teaching Activities | Guided independent study | Placement / study abroad |
|---|---|---|
| 25 | 125 | 0 |
Details of learning activities and teaching methods
| Category | Hours of study time | Description |
|---|---|---|
| Scheduled Learning and Teaching Activity | 20 | Lectures |
| Scheduled Learning and Teaching Activity | 5 | Seminars |
| Guided Independent Study | 125 | Researching, reading, reflection; Preparation for lectures, tutorials and seminars; |
Formative assessment
| Form of assessment | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|
| Students will be provided with materials for discussion in tutorials. Feedback will be provided on the basis of the discussion. | 60 Minutes | 1-6 | Oral/Online |
Summative assessment (% of credit)
| Coursework | Written exams | Practical exams |
|---|---|---|
| 20 | 80 | 0 |
Details of summative assessment
| Form of assessment | % of credit | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|---|
| Written examination | 80 | 2 hours | 1-6 | Written(via ELE/eBart) |
| Individual essay | 20 | 2000 words | 1-6 | Written(via ELE/eBart) |
Details of re-assessment (where required by referral or deferral)
| Original form of assessment | Form of re-assessment | ILOs re-assessed | Timescale for re-assessment |
|---|---|---|---|
| Examination (80%) | 2 Hours Exam | 1-6 | Referral/Deferral Period |
| Individual Essay (20%) | 2000 words | 1-6 | Referral/Deferral Period |
Indicative learning resources - Basic reading
-
-
Articles to be provided in the syllabus
Avner Greif, “Institutions and Path to Modern Economy”, 2006.
-
| Credit value | 15 |
|---|---|
| Module ECTS | 7.5 |
| Module pre-requisites | None |
| Module co-requisites | None |
| NQF level (module) | 6 |
| Available as distance learning? | No |
| Origin date | 01/09/2005 |
| Last revision date | 08/03/2023 |
