UT-101 Global Political Economy
- ECTS Credits:
- 10
- Responsible department:
- Faculty of Social Sciences
- Course Leader:
- Astrid Bredholt Stensrud
- Lecture Semester:
- Spring
- Teaching language:
- English
- Duration:
- 1 term
The course is connected to the following study programs
- Bachelor's Programme in Global Development Studies
- Social Studies, 1-year Programme
- Global Development Studies, 1-year Programme
- Exchange Student
Teaching language
EnglishCourse contents
This course provides a critical introduction to global political economy, focusing on how power relations impact on development processes and development possibilities across the North-South axis. The course offers an overview of the development of the global economy from the nineteenth century to the present, with a particular focus on the analysis of inequality and unevenness across geographical space and historical time. The course investigates how relations between states and markets have changed across time in the global North and the global South, and how these changes relate to different policy regimes and development interventions at both national and transnational scales. The course also discusses how social power structures based on class, race, and gender shape national and global patterns of development. Examples from regional development issues and development interventions will be critically discussed in terms of growth, poverty and inequality. The role of the state in development processes, labour markets and financial markets are key topics in the course.
Learning outcomes
On successful completion of the course, the student should be able to:
-
describe central aspects of the development of the global political economy from the colonial era to the present, across the North-South axis
-
compare and contrast different analytical perspectives of political economy and globalisation
-
explain how development processes are shaped by economic, social, and political power relations at different spatial scales
-
give an account of central features of different policy regimes and development interventions, and discuss their impact on growth, poverty, and inequality
-
explain and discuss the role of the state and transnational institutions in global political economy and development processes
-
discuss key trends in labour markets and financial markets and their impact on development processes in the global North and the global South
-
discuss regional development processes as well as the political and economic significance of emerging markets in the global economy
Examination requirements
Mandatory assignments must be passed. See further information in Canvas.
Teaching methods
Lectures anLectures and group work. Estimated workload is 270 hours.
Evaluation
The person responsible for the course decides, in cooperation with student representative, the form of student evaluation and whether the course is to have a midway or end of course evaluation in accordance with the quality system for education, chapter 4.1.
Assessment methods and criteria
3-day individual take-home exam. Graded A-F.
Reduction of Credits
This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:
| Course | Reduction of Credits |
|---|---|
| UT-101 – Economic Geography | 10 |
| UT-101 – Economic Globalisation | 10 |
| SV-152 – Economic geography and planning | 5 |