International Political Economy

This information is for the 2019/20 session.

Teacher responsible

Dr Ranjit Lall CBG.8.01


This course is available on the BSc in Economics, BSc in International Relations, BSc in International Relations and Chinese, BSc in International Relations and History and BSc in Politics and International Relations. This course is not available as an outside option. This course is available with permission to General Course students.

Students from other degree programmes will be admitted by permission of the Course Coordinator, including BSc Economic History

Course content

The course examines the role of power and politics in international economic relations. Besides international structural factors, it emphasises the role of domestic political interests and their influence over foreign economic policies. Major approaches covered include historical views on international political economy, and contemporary systemic theories of international cooperation, interest groups politics, ideas and institutions. The course provides an overview and explanation of the international monetary and trade systems since 1944. It also discusses current debates on trade, monetary policy, the political roots of financial crises, globalisation and the retreat of the state, and environmental protection.


10 hours of lectures and 10 hours of classes in the MT. 10 hours of lectures and 10 hours of classes in the LT. 1 hour of lectures and 1 hour of classes in the ST.

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 3 essays in the MT and LT.

Students write three essays of a maximum length of 1,500 words.

Indicative reading

Basic references are: M Blyth (ed), Routledge Handbook of International Political Economy (IPE); ; J Ravenhill (ed), Global Political Economy; S Strange, States and Markets; R Palan, Global Political Economy: Contemporary Theories; J Frieden & D Lake, International Political Economy; T Oatley, International Political Economy;A Walter & G Sen, Analyzing the Global Political Economy. A detailed reading list will be given at the beginning of the course.


Exam (90%, duration: 3 hours) in the summer exam period.
Coursework (10%) in the MT and LT.

In the examination students will answer three questions chosen from twelve.

The coursework is the submission of 20 weekly reports based on seminar topics and readings. 


Key facts

Department: International Relations

Total students 2018/19: 79

Average class size 2018/19: 13

Capped 2018/19: No

Value: One Unit

Guidelines for interpreting course guide information

Personal development skills

  • Problem solving
  • Communication
  • Specialist skills