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Geopolitics & the World Economic System Syllabus MBA Pune university for Academic year 2013-14

Subject Name: Geopolitics & the World Economic System

Subject Type: Generic- Elective ( Internal Subject for Sem II)

Subject Code: 211

Marks: 50

Distribution of Marks: 50 (Internal Marks by College)

Unit 1 International Political Economy:

Distribution of Wealth and Economic Activities – National Autonomy – Politics of International Regimes – Theory of Hegemonic Stability – Governance of the Global Economy (5 + 1)

Unit 2 National Systems of Political Economy:

Differences among National Economies – Market-Oriented Capitalism- Developmental Capitalism- Social Market Capitalism – Comparative Analysis (5 + 1)

Unit 3 The Trading System:

Debate over Free Trade – Functions of WTO and GATT – The Uruguay Round and World Trade Organization – Trade Blocs such as SAARC, ASEAN, NAFTA – Threats to Open Trading System(5+1)

Unit 4 International Monetary System:

The International Financial System – Reform of International Monetary Affairs – Nature of Financial Crises – Controversy over Regulation of International Finance (5 + 1)

Unit 5 The State and the Multinationals:

An International Regime for FDI and MNCDo Global Corporations Pose a Threat? – Consequences of Economic Globalization (5 + 1)earning Resources:

Text Books

• Global Political Economy – Robert Gilpin, Princeton University Press

• International Economics with MyEconLab by Paul Krugman, Maurice Obstfeld andMarc Melitz, Pearson, Global Edition, 9th Edition

Reference Books

• Managing World Economic Change: International Political Economy by Robert A. Isaak, Pearson, 3rd Edition,

Supplementary Reading Material

• Economic Times Daily

• Business Standard Daily

• The Economist – Magazine

Websites

• http://www.wto.org/

• http://www.imf.org/external/index.htm

Journals

• Economic Systems Research.

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