IR455      Half Unit
Economic Diplomacy

This information is for the 2015/16 session.

Teacher responsible

Dr Stephen Woolcock Clm 613

The course is coordinated by an LSE academic but is supported by an experienced practitioner of economic diplomacy Sir Nicholas Bayne, former UK foreign service and ambassador and Kenneth Heydon (formerly Deputy Director at the OECD in Paris).  Other full time staff currently teaching the course include Dr James Morrison.


This course is available on the MPA in European Public and Economic Policy, MPA in International Development, MPA in Public Policy and Management, MPA in Public and Economic Policy, MPA in Public and Social Policy, MSc in Global Politics, MSc in Global Politics (Global Civil Society), MSc in International Affairs (LSE and Peking University), MSc in International Political Economy, MSc in International Political Economy (LSE and Sciences Po), MSc in International Political Economy (Research), MSc in International Relations Theory, MSc in Management and MSc in Management (CEMS MIM). This course is available with permission as an outside option to students on other programmes where regulations permit.

All students will be required to obtain permission from the Teacher Responsible by completing the Student Statement box on the online application form linked to course selection on LSE for you. Admission to the course is not guaranteed.  The course is primarily for students on the IPE Masters and LSE-Sciences-po Double Degree masters. If spaces are available it will also be open to students on other related masters programmes.

Course content

The course introduces students to the theories and analytical frameworks relating to decision-making and negotiation in international economic relations and enables them to develop the skills needed to apply these to cases. It discusses the roles of the main actors, institutional settings and processes involved in domestic decision-making and international economic negotiations, and their interaction with each other. It provides students with both academic and practitioner perspectives of economic diplomacy and offers participants an opportunity to understand the challenges faced by negotiators through the simulation of a current multilateral negotiation.


10 hours of lectures, 13 hours and 30 minutes of seminars and 3 hours of workshops in the LT.

Students on this course will have a reading week in Week 6, in line with departmental policy. 

Formative coursework

Students will be expected to produce 1 essay in the LT.

Indicative reading

Bayne, Nicholas and Woolcock, S. The new economic diplomacy: decision-making and negotiation in international economic relations, Third edition, Ashgate, Stephen 2013.

Odell, John Negotiating the world economy  2000.

van Bergeijk Economic Diplomacy: The Issues . 2011.

Okano-Heijmans, Maaike Conceptualizing Economic Diplomacy: The Crossroads of International Relations, Economics, IPE and Diplomatic Studies 2011.

Woolcock, Stephen European Union Economic Diplomacy: the role of the EU in international economic relations, Ashgate 2013.


Exam (70%, duration: 2 hours) in the main exam period.
Essay (30%, 2000 words) in the LT.

Key facts

Department: International Relations

Total students 2014/15: Unavailable

Average class size 2014/15: Unavailable

Controlled access 2014/15: No

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Leadership
  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication