MRK 3544 Political Economy

MRK 3544 Political Economy

Course code: 
MRK 3544
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Marit Sjøvaag
Product category: 
Bachelor
Portfolio: 
Bachelor of International Marketing - Programme Courses
Semester: 
2017 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

The purpose of the course:
The course is an introduction to the key supranational and intergovernmental organizations that regulate international economic activity, with particular emphasis on the historical background, structure and function of the WTO and the EU. Special attention is devoted to regimes of relevance to marketing and consumer issues, as well as how the international civil society is strengthened as a key player in forming public opinion

Learning outcomes - Knowledge

Students will gain a basic understanding of international economic policy, and understand how organizations, in particular the WTO and the EU, attempt to overcome impotence and adjustment problems (regulation) of international economic activity. Likewise, students acquire specific knowledge about the regimes that provide for specified rights and obligations across national government competencies.

Learning outcomes - Skills

The students are to acquire a clear understanding of how cross-border economic activity takes place in a complex regulatory regime, where both national government and supranational competencies interact. Students will be able to understand how marketing is regulated as both supranational cross-border services, and as a part of corporate and national states' economic strategies.

Learning Outcome - Reflection

Students will be trained to understand the value-based reasons for the supranational regimes, and to have a mature and reflective approach to the problems and weaknesses that characterize these regimes. Likewise, it is important to develop an understanding of how markets need regulation to function.

Course content
  • International political economy - theory and framework
  • International trade and cooperation
  • Frameworks and institutions
  • Regulation and industrial policy
  • International regimes (WTO, OECD)
  • Regional regimes (NAFTA, ASEAN, EU, EEA)
  • The international monetary system
  • Trade policy
  • Trade and development
  • Global interest groups (NGOs, etc.)
  • Business environment and the EU
  • Globalisation
Learning process and requirements to students

The course consists of 39 hours constituting a combination of lectures and feedback on students’ work.  

Otherwise it is expected active participation by the students during the lecture sessions.

Software tools
No specified computer-based tools are required.
Additional information

Re-sit examination
Students that have not gotten approved the coursework requirements, must re-take the exercises during the next scheduled course.

Students that have not passed the written examination or who wish to improve their grade may re-take the examination in connection with the next scheduled examination.

Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

No particular prerequisites.

Mandatory courseworkCourseworks givenCourseworks requiredComment coursework
Mandatory11During the semester, students will work with 1 (one) assignment (work requirement). The assignment consists of problem solving and group discussions based on the most relevant topics in the curriculum. The assignment is compulsory and will be implemented according to plan. The assignment is to be submitted electronically in the middle of the semester, and feedback (approved/not approved) will be given in advance of the written exam. The assignment must be approved in order for the student to be able to take the exam. The assignment is to be solved in groups of 2-4 students.
Mandatory coursework:
Mandatory coursework:Mandatory
Courseworks given:1
Courseworks required:1
Comment coursework:During the semester, students will work with 1 (one) assignment (work requirement). The assignment consists of problem solving and group discussions based on the most relevant topics in the curriculum. The assignment is compulsory and will be implemented according to plan. The assignment is to be submitted electronically in the middle of the semester, and feedback (approved/not approved) will be given in advance of the written exam. The assignment must be approved in order for the student to be able to take the exam. The assignment is to be solved in groups of 2-4 students.
Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MRK35441
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
100Yes3 Hour(s)
  • Bilingual dictionary
Individual Students that have not met the coursework requirements, must do the assignment during the next scheduled course.
Students that have not passed the written exam or who wish to improve their grade can re-take the exam next semester.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Bilingual dictionary
Duration:3 Hour(s)
Comment:Students that have not met the coursework requirements, must do the assignment during the next scheduled course.
Students that have not passed the written exam or who wish to improve their grade can re-take the exam next semester.
Exam code:MRK35441
Grading scale:ECTS
Resit:Examination every semester
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching39Hour(s)
Prepare for teaching93Hour(s)
Submission(s)65Hour(s)Working on 1(one) assignment
Examination3Hour(s)
Expected student effort:
Workload activity:Teaching
Duration:39 Hour(s)
Comment:
Workload activity:Prepare for teaching
Duration:93 Hour(s)
Comment:
Workload activity:Submission(s)
Duration:65 Hour(s)
Comment:Working on 1(one) assignment
Workload activity:Examination
Duration:3 Hour(s)
Comment:
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.

Talis literature

Obligatorisk/Compulsory

Book
Authors/Editors År Tittel Edition Publisher StudentNote
O'Brien, Robert; Williams, Marc 2016 Global political economy: evolution and dynamics Fifth edition Palgrave Macmillan  
Chapter
Authors/Editors År Tittel Journal Edition Publisher StudentNote
El-Agraa; Machin   External Trade Policy External Trade Policy     Chapter 24.
Spolaore, Enrico   The political economy of European integration The political economy of European integration     Finnes også som nber working paper: http://www.nber.org/papers/w21250
Document
Authors/Editors År Tittel Edition Publisher StudentNote
EEA Standing Committee 2013 The Basic Features of the EEA Agreement   European Free Trade Association Click on “Click here to download a pdf version of this page”.
EU Commission 2013 How the European Union Works: Your guide to EU institutions      
Audio-visual document
Authors/Editors Tittel Journal URL Publisher StudentNote
Aftenposten Sweatshop Sweatshop Resource Aftenposten  

Anbefalt/Recommended

Book
Authors/Editors År Tittel Edition Publisher StudentNote
Claes, Dag Harald; Hveem, Helge; Tranøy, Bent Sofus 2017 Internasjonal politisk økonomi   Universitetsforl  
Oatley, Thomas H. cop. 2014 International political economy 5th ed., New international ed Pearson Education  
Chapter
Authors/Editors År Tittel Journal Edition Publisher StudentNote
Newell, Peter   Globalization Globalization     Chapter 22 p. 377-394.
Article
Authors/Editors År Tittel Edition Publisher StudentNote
Bourguignon, François 2016 Inequality and Globalization.      
Gupta, Joyeeta 2010 A history of international climate change policy      
Rosanvallon, Pierre 2016 How to Create a Society of Equals.