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Throughout the 2021-22 academic year, we will be prioritising face to face teaching as part of a blended learning approach that builds on the lessons learned over the course of the Coronavirus pandemic. Teaching will vary between online and on-campus delivery through the year, and you should read guidance from the academic department for details of how this will work for a particular module. You can find out more about the University’s overall response to Coronavirus at: https://warwick.ac.uk/coronavirus.

PO133-15 Foundations of Political Economy

Department
Politics & International Studies
Level
Undergraduate Level 1
Module leader
Andre Broome
Credit value
15
Module duration
10 weeks
Assessment
100% coursework
Study location
University of Warwick main campus, Coventry
Introductory description

N/A

Module aims

This module aims to introduce students to political economy, which is a long-established and vibrant field of political studies. It will serve as a foundation for future years of study on related modules. Its principal objective is to provide a genuine foundation to political economy and help first-year undergraduate students to begin thinking like political economists. The module will be built around a series of 'big questions', which will speak to experiences of the contemporary world and will be designed to unlock debates about key concepts in the foundations of political economy through discussions of those experiences. The aim is to offer a distinctive optional module that is fully complementary to other PAIS modules at this level.

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

Week 1: Introduction to political economy
Week 2: Markets
Week 3: Colonialism
Week 4: Gender
Week 5: Governance
Week 6: Reading Week
Week 7: Labour
Week 8: Trade
Week 9: Money & finance
Week 10: Growth & sustainability

Learning outcomes

By the end of the module, students should be able to:

  • Demonstrate a basic understanding of how political economy contributes to the study of politics as a whole.
  • Demonstrate a basic knowledge of different approaches to the study of political economy.
  • Be able to relate scholarly literature theorising political economy and actual contemporary developments including very topical events.
  • Be able to make informed comparisons of various strengths and weaknesses of different political systems or regimes.
  • Ability to critically analyse ideas, in writing, in relation to the issues influencing the transformation of the economy.
Indicative reading list

O'Brien, R. and Williams, M. (2010) Global Political Economy, third edition, Basingstoke: Palgrave Macmillan.
Ravenhill, J. (ed) (2011) Global Political Economy, third edition, Oxford: Oxford University Press. Blyth, M. (eds) (2009) Routledge Handbook of International Political Economy: IPE as a Global Conversation, London: Routledge.
Crane, G. T. and Amawi, A. (eds) The Theoretical Evolution of International Political Economy, second edition (Oxford University Press, 1997).
Phillips, N. (ed) (2005) Globalizing International Political Economy, Basingstoke: Palgrave
Macmillan.
Stilwell, F. (2012) Political Economy: The Contest of Economic Ideas, third edition, Oxford: Oxford
University Press
Strange, S. (2003) States and Markets, second edition, London: Continuum
Stubbs, R. and Underhill, G. (2006) Political Economy and the Changing Global Order, third
edition, Oxford: Oxford University Press
Tabb, W. (1999) Reconstructing Political Economy: The Great Divide in Economic Thought,
London: Routledge
Watson, M. (2005) Foundations of International Political Economy, Basingstoke: Palgrave
Macmillan.

Subject specific skills

NA

Transferable skills
  • Communication skills
  • Lateral thinking skills
  • Skills in the distillation and application of information and ideas
  • Critical thinking
  • Analytical skills
  • Independent research skills
  • Reflecting on what makes 'good' supporting evidence
  • Problem solving
  • Time management
  • Information Technology
  • Skills in academic practice

Study time

Type Required
Lectures 9 sessions of 1 hour (6%)
Seminars 9 sessions of 1 hour (6%)
Private study 132 hours (88%)
Total 150 hours
Private study description

tbc

Costs

No further costs have been identified for this module.

You must pass all assessment components to pass the module.

Assessment group A2
Weighting Study time
1 x 2,500-word essay 100%
Feedback on assessment

Essay feedback will be returned within 20 working days of essay submission
Formative and summative feedback will be provided in accordance with standard PAIS practice.

Courses

This module is Optional for:

  • Year 1 of UECA-4 Undergraduate Economics 4 Year Variants
  • Year 1 of UECA-LM1D Undergraduate Economics, Politics and International Studies
  • Year 1 of UFRA-R1MA Undergraduate French with International Studies
  • Year 1 of UGEA-R2M1 Undergraduate German with International Studies
  • Year 1 of UHIA-VM11 Undergraduate History and Politics
  • Year 1 of UHIA-VM12 Undergraduate History and Politics (with Year Abroad)
  • Year 1 of UITA-R3M1 Undergraduate Italian with International Studies
  • Year 1 of UPHA-V7ML Undergraduate Philosophy, Politics and Economics
  • Year 1 of UPHA-V7MM Undergraduate Philosophy, Politics and Economics (with Intercalated year)
  • Year 1 of UPOA-M100 Undergraduate Politics
  • Year 1 of UPOA-M101 Undergraduate Politics (with Intercalated Year)
  • Year 1 of UPOA-ML13 Undergraduate Politics and Sociology
  • Year 1 of UPOA-ML14 Undergraduate Politics and Sociology (with Intercalated year)
  • Year 1 of UPOA-M1RC Undergraduate Politics with French
  • Year 1 of UPOA-M160 Undergraduate Politics with International Studies
  • Year 1 of UPOA-M161 Undergraduate Politics with International Studies (with Intercalated Year)