MRK 3544 Political Economy

MRK 3544 Political Economy

Course code: 
MRK 3544
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Marit Sjøvaag
Course name in Norwegian: 
Political Economy
Product category: 
Bachelor
Portfolio: 
Bachelor of International Management- Programme Courses
Semester: 
2017 Autumn
Active status: 
Active
Level of study: 
Bachelor
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.
Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Written submission
Invigilation
Weight: 
100
Grouping: 
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
Student workload
ActivityDurationComment
Teaching
39 Hour(s)
Prepare for teaching
93 Hour(s)
Submission(s)
65 Hour(s)
Working on 1(one) assignment
Examination
3 Hour(s)
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.