Duration: 3 hours for 13 weeks [ECTS: 4]

Course outline

The scope of this course is to outline the basic aspects of the international political economy as to shape the theoretical background that would enable the students to understand and interpret the developments of the international economic relations, especially the interactions between markets and politics, i.e. the influence of markets on politics and the influence of policy on markets. Therefore it aims to acquaint the students with the actors, the regimes, the international processes as well as the rules and functions of the international economic and political relations. Subjects of the course are an introduction into international law, the classical distinct academic schools of the discipline, the study of the trans-border economic problems, and the structural balance of power between and among states and institutions. There is a particular focus on the Bretton Woods System and the rules it has established for commercial and financial relations among states. The Assessment of the course is based on a final oral or written exam.