Course Code: 3140552
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Assoc.Prof.Dr. MEHMET FATİH TAYFUR
Offered Semester: Fall Semesters.

Course Objective

The aim of this course is to enable the students to see, understand and explain the interaction between politics and economics; power and wealth; and states (political authority) and markets at the international/global level

Course Content

The purpose of this course is to examine the evolution of the international economic relations since the emergence of the modern state system in the mercantilist period. The course is intended to give students background on the interaction between economics, economic history, politics, international history, and international relations. In this context, the theories and history of international economic relations will be discussed with an emphasis on the significant issues in the twentieth century. During the lectures and seminars, the emergence and evolution of the international economy since the mercantilist era will be analyzed in the context of inter-state relations. The emphasis will be on the impact of inter-state system and military and security issues on the international and national and the interaction between them. Accordingly, the political impact on the operation of the international and national markets and the opportunities provided and limitations imposed on the political, military security, and autonomy issues by the market will be analyzed. In this context, the analysis will also focus on the interaction and the relationship between state and market, power and production, growth, development, distribution of wealth, intergovernmental organizations (IGOs) and the multinational corporations (MNCs)

Learning Outcomes

At the end of the semester the students are expected to be able to analyse and explain international, national and local events and developments from the lenses of international political economy by showing the interaction between power and wealth; political authority and market.