Students

POL 303 – Global Political Economy

2015 – S2 External

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Convenor
Govand Azeez
Contact via 9850 8811
W6426
Monday 12-1 or by appointment
Credit points Credit points
3
Prerequisites Prerequisites
39cp or (6cp in HIST or MHIS or POL units at 200 level including 3cp in POL)
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description
This unit focuses on the relationship and interaction between politics/states and economics/markets at the national, international and global levels. Global/International Political Economy (IPE) is concerned with the study of those global problems and issues that cannot adequately be explained by recourse to economic, political, or sociological analysis alone. IPE is the study of international affairs that focuses on the elements of complex interdependence that define many of our most pressing problems today; it breaks down the barriers that separate and isolate the traditional methods of analysis, seeking a comprehensive understanding of issues, events and units of analysis.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment Tasks

Name Weighting Due Groupwork/Individual Short Extension AI Approach
Discussion Board Participatio 10% weeks 3-13 No
Week 5 Test 20% Week 5 (Aug 25- Aug 30) No
Reflective Journals 25% 5 times between week 3 and 12 No
Major Essay 45% Monday October 26 No

Discussion Board Participatio

Due: weeks 3-13
Weighting: 10%
Groupwork/Individual:
Short extension 3: No
AI Approach:

All students are expected to do the required reading for each week in preparation for the lectures and to engage in web based discussion. Active and informed participation is expected in each week’s discussion topics from all external students.

 

External students are expected to spend approximately 2hrs a week on line. Unlike internal students they can choose the time of this engagement and whether they spend that time in one 2hr block or in a number of smaller periods of engagement. In either case, it is expected students will write at least 5 paragraphs answering the set questions for each topic and engaging with other student posts. The tutor will also provide direction, facilliate further discussion or shift discussion in alternative directions as needed. 


On successful completion you will be able to:
  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Week 5 Test

Due: Week 5 (Aug 25- Aug 30)
Weighting: 20%
Groupwork/Individual:
Short extension 3: No
AI Approach:

A one-hour web based test will be held in week 5 on the material covered in the first 4 weeks of the course.

External students will find a test available in the week 5 topic on ilearn and will log in and complete the test in the hour provided. Once logged in, students will only have one hour to complete. The question will only become available once logged in and questions must be completed on-line and submitted before the hour expires. The submission instructions will be clearly laid out on the instructions for the exam itself. 


On successful completion you will be able to:
  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics

Reflective Journals

Due: 5 times between week 3 and 12
Weighting: 25%
Groupwork/Individual:
Short extension 3: No
AI Approach:

Each student will submit five reflective journals throughout the semester. The journals will be at least 250 words in length, but not more than 500, and will be a reflection of the key ideas raised in the readings and classes from any given week. A reflexive journal is not just a summary of the readings. Rather, you will engage with the material analytically and critically. 

Journals can combine topics from two or more classes but in these cases with still only count as one submission. Each journal will count for 5% of your overall grade and the entire exercise 25% of your entire mark.

Journals are to be submitted to the external tutor via the link provided. External students are also expected to maintain the same submission timeframe as internal students. Journals must be handed in by Thursday the same week as the topic of the journal, i.e. the week 3 journal on the readings by O'Brien and Williams and Watson is due Thursday 22 August. In this way, students will keep up with the readings and on top of the course material. 

If there are particular difficulties with maintaining this consistency across the semester, students should contact either the tutor or the convenor of the course. 


On successful completion you will be able to:
  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Major Essay

Due: Monday October 26
Weighting: 45%
Groupwork/Individual:
Short extension 3: No
AI Approach:

The major essay is due Monday October 26. The essay length is 2500-3000 words. 

Questions:

1. In what ways is IPE/GPE an analysis not only of the material world but of the constructed reality that defines the way the world is organised? 

2. Which IPE/GPE perspective offers a better explanation and remedy for the current global economic crisis?

3. Do you agree with Philip McMichael that globalisation is a ‘historically specific project of global economic (financial) management’ prosecuted by a ‘powerful elite of financiers, international and national bureaucrats, and corporate leaders’ to restructure developing states and their economies? See McMichael in Roberts and Hite, The Globalization and Development Reader: Perspectives on Development and Social Change, 1996: 218.

4. Does world-systems analysis provide a persuasive explanation for the disparities in wealth and power in the global political economy? What are the major criticisms of this approach and are they valid?

5. “Now, when I say question the whole society, it means ultimately coming to see that the problem of racism, the problem of exploitation, and the problem of            war are all tied together. These are the triple evils that are interrelated.” (Dr Martin Luther King Jnr.)

In what way can the quote from Dr King be interpreted as a critique of how racism (and other forms of bigotry and discrimination) is generated by the capitalist system?


On successful completion you will be able to:
  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics

Delivery and Resources

On line lecture and discussion boards

Unit Schedule

Week 1

August 8

Introduction to the course (No tutorials this week)

Week 2

August 15

Introducing GPE

Week 3

August 22

Problem Solving Theories of GPE: mercantilism,  liberalism and neoliberalism

Week 4

August 29

Critical Theories of GPE: Marxism, Dependency and World Systems Theory

Week 5

September 5

Creating the International System Part 1: 1492-1815

Week 6

September 18

Creating the International System Part 2: 1815-1945

Week 7

September 18 (22 Sept- 7 October Mid Semester Break)

Creating the International System Part 3: 1945-onwards

Week 8

October 10

The Political Economy of Globalization

Week 9

October 17

Global (un)development and the Global Political Economy of Debt and Inequality

Week 10

October 24

The Political Economy of Race and Gender

Week 11

October 31

Reading Week (no lectures or tutorials)

Week 12

November 7

Crisis and Reform in the Global Political Economy

Week 13

November 14

Concluding Remarks

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:

Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html

Assessment Policy  http://mq.edu.au/policy/docs/assessment/policy.html

Grading Policy http://mq.edu.au/policy/docs/grading/policy.html

Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html

Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html

Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.

In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/

Results

Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

Learning Skills

Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.

Student Services and Support

Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.

Student Enquiries

For all student enquiries, visit Student Connect at ask.mq.edu.au

IT Help

For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/

When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.

Graduate Capabilities

Creative and Innovative

Our graduates will also be capable of creative thinking and of creating knowledge. They will be imaginative and open to experience and capable of innovation at work and in the community. We want them to be engaged in applying their critical, creative thinking.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Week 5 Test
  • Reflective Journals
  • Major Essay

Capable of Professional and Personal Judgement and Initiative

We want our graduates to have emotional intelligence and sound interpersonal skills and to demonstrate discernment and common sense in their professional and personal judgement. They will exercise initiative as needed. They will be capable of risk assessment, and be able to handle ambiguity and complexity, enabling them to be adaptable in diverse and changing environments.

This graduate capability is supported by:

Learning outcomes

  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment task

  • Reflective Journals

Commitment to Continuous Learning

Our graduates will have enquiring minds and a literate curiosity which will lead them to pursue knowledge for its own sake. They will continue to pursue learning in their careers and as they participate in the world. They will be capable of reflecting on their experiences and relationships with others and the environment, learning from them, and growing - personally, professionally and socially.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Reflective Journals
  • Major Essay

Discipline Specific Knowledge and Skills

Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production

Assessment tasks

  • Discussion Board Participatio
  • Week 5 Test
  • Reflective Journals
  • Major Essay

Critical, Analytical and Integrative Thinking

We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production

Assessment tasks

  • Discussion Board Participatio
  • Week 5 Test
  • Reflective Journals
  • Major Essay

Problem Solving and Research Capability

Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Reflective Journals
  • Major Essay

Effective Communication

We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.

This graduate capability is supported by:

Learning outcomes

  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Week 5 Test
  • Reflective Journals
  • Major Essay

Engaged and Ethical Local and Global citizens

As local citizens our graduates will be aware of indigenous perspectives and of the nation's historical context. They will be engaged with the challenges of contemporary society and with knowledge and ideas. We want our graduates to have respect for diversity, to be open-minded, sensitive to others and inclusive, and to be open to other cultures and perspectives: they should have a level of cultural literacy. Our graduates should be aware of disadvantage and social justice, and be willing to participate to help create a wiser and better society.

This graduate capability is supported by:

Learning outcomes

  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Reflective Journals

Socially and Environmentally Active and Responsible

We want our graduates to be aware of and have respect for self and others; to be able to work with others as a leader and a team player; to have a sense of connectedness with others and country; and to have a sense of mutual obligation. Our graduates should be informed and active participants in moving society towards sustainability.

This graduate capability is supported by:

Learning outcomes

  • Understanding the complexities of the world economy
  • Developing a better appreciation of the relationship between political power and the world economy
  • Demonstrating an ability to critically reflect on the power relations that determine the distribution of wealth and shape knowledge production
  • Develop the language and skills necessary to critically evaluate economics
  • Develop an understanding of the agency integral to the operation of the world economy

Assessment tasks

  • Discussion Board Participatio
  • Reflective Journals

Changes since First Published

Date Description
16/07/2015 i entered this by mistake. Changes required for the day version of POL3030 not externals.