This course trains students in the modern International Political Economy analysis of the battle between the winners and losers of economic globalization. The first part of the course focuses on political economy approaches to international trade issues, including discussions of trade policy in rich and poor countries, the role of government in assisting displaced workers, the regulation of labor standards, and the politics of multinational corporations. The second part of the course provides students with a well-rounded understanding of the political,economic and social aspects of the international financial system and financial crises. This includes political economy analyses of important recent events such as the U.S. credit rating downgrade and the European debt crisis. It is advised that students take IPE 205 or ECON 271 as soon as possible after taking ECON 170, beginning in the Fall semester of the sophomore year.
Prerequisites: IPE 101 or ECON 170.