Faculty of Economics and Social Sciences
Department of International Relations and European Studies

Code Name Level Year Semester
IRES 307 International Political Economy Undergraduate 3 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
Compulsory 5 2 + 1 125 English

Instructor Assistant Coordinator
Selma Delalić, Assist. Prof. Dr. Natasa Tandir Selma Delalić, Assist. Prof. Dr.
[email protected] [email protected] no email

Introduction to the interdependence of economic and political factors at the international level, in both theory and practice, with special emphasis on the visible politicisation of international economic relations, and the problems it generates; as well as focusing on the evolution and transformation of international arrangements designed to regulate international affairs relating to trade, money, technology etc.

The aim of the course is to introduce the fundamentals of international political economy (IPE). This course will clearly show students how politics and economics come together in today\\\'s global environment. The course will also demonstrate how an understanding of IPE can help students make sense of global news, business investments, and government policies.


    1. What is International Political Economy? Why we study it?
    2. The World Trade Organization and the World Trade System
    3. The Political Economy of International Trade Cooperation
    4. The Society and State Centered Approach to Trade Politics
    5. Trade and Development I: Import Substitution Industrialization
    6. Trade and Development II: Economic Reform
    7. Preparation for Midterm exam
    8. Midterm Exam
    9. Multinational and Transnational Corporations, Oil Crises, Geopolitics of Energy
    10. Migration: Another form of trade?
    11. The Global Security Structure
    12. Tax Havens, the Panama Papers, and Inequality
    13. Politics of Environment, The Greenhouse Effect, Deforestation, Global Warming
    14. The International Political Economy of Food and Hunger, Food Crises and Famine
    15. Course overview, preparation for Final Exam

    • Interactive Lectures
    • Discussions and group work
    • Student debates
    • Case Studies
    • Use of educational films
    Description (%)
    Method Quantity Percentage (%)
    Total: 0
    Learning outcomes
    • Analyse global economic and political issues in the same context.
    • The students will be able to find out explanation of global issues, according to theories, institutions, and relationships found in IPE.
    • Compare the first and the third world economic policies
    • Examine the changes in international political economy for one year.
    • Oatley, T. 2011. International Political Economy. 5th ed. New York: Pearson

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)15230
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)15115
    Midterm Examination (1 week)122
    Final Examination(1 week)122
    Preparation for Midterm Examination11515
    Preparation for Final Examination12121
    Assignment / Homework/ Project12020
    Seminar / Presentation12020
    Total Workload: 125
    ECTS Credit (Total workload/25): 5