IBES2130 Global Political Economy (5 cr)

This course offers an accessible introduction to the world economy's historical foundations and current dynamics. The course is a resource for students eager to understand the rapidly evolving global management environment. The course offers a deep dive into the historical evolution of the world economy, providing students with a comprehensive understanding of how past events shape today's economic structures. The course content bridges the national and international aspects of the economy, highlighting the interplay between them. Its contents trace the global economy's transformation from the Industrial Revolution to the modern era, dissecting each phase of this shifting world order.

The course then transitions to an in-depth exploration of contemporary economic dynamics. Key topics include international trade, production processes, financial systems, labor markets, gender roles in the economy, developmental strategies, environmental concerns, security issues, and governance structures. Students will gain insights into the nuances of these areas, understanding how they interconnect and influence the global economic landscape.

Special attention is given to current developments that are reshaping the global economy. These include the impact of automation and artificial intelligence on the labor force, the challenges and opportunities they present, and the intricate, global supply chains of modern transnational firms.

To understand and critically evaluate global management environments in the light of their historical roots and theoretical premises. The course supports and complements international business and strategy studies while supporting entrepreneurial challenges emerging from complex geopolitical dynamics in the global marketplace. This course is ideal for students seeking to build a solid foundation in the global management environment and geopolitical dynamics, providing the necessary tools to make sense of today's economy's complex and fast-paced nature. Students will be well-equipped to analyze and engage with the global economic environment through a blend of historical analysis and examination of current trends.

Two completion methods:

1. Lectures and exam OR

2. Book exam