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INTR12-214: Political Economy January 2019 [Standard]

General information

This subject introduces students to Global Political Economy and its theoretical perspectives. It examines the interaction between politics and economics in global relations from the origins of the modern world economy through to the Bretton Woods system and the emergence of the current transnational global economy. Key questions and debates on the political effects of these economic developments are addressed. In learning about global monetary and trade relations, foreign investment flows, the nature and role of multinational corporations as well as global financial institutions, the International Monetary Fund and the World Bank students are better equipped to analyse such global challenges as poverty, labour migration, environment, and resource politics.


Academic unit:Faculty of Society & Design
Subject code:INTR12-214
Subject title:Global Political Economy
Subject level:Undergraduate
Semester/Year:January 2019
Credit points:10

Delivery & attendance

Delivery mode:


Workload items:
  • Lecture: x12 (Total hours: 24) - Weekly Lecture
  • Tutorial: x12 (Total hours: 12) - Weekly Tutorial


Prescribed resources:
  • Robert O'Brien,Marc Williams (2013). Global Political Economy. Macmillan , 340.
  • Thomas H. Oatley (2010). International Political Economy. Longman Publishing Group , 420.
  • Herman M. Schwartz (2010). States Versus Markets. Palgrave Macmillan , 347.
  • Richard Stubbs,Geoffrey R. D. Underhill (2006). Political Economy and the Changing Global Order. Don Mills, Ont. : Oxford University Press , 492.
  • Robert Gilpin,Jean M. Gilpin (2000). The Challenge of Global Capitalism. Princeton Univ Department of Art & , 373.
  • Phyllis Deane (1989). The State and the Economic System. Oxford University Press, USA , 205.
  • Gill, Stephen & Law, David (1988). The Global Political Economy: Perspectives, Problems and Policies. Sydney: Harvester Wheatsheaf
  • Robert W. Cox (1987). Production, Power, and World Order. Columbia University Press , 500.
  • Robert Gilpin,Jean M. Gilpin (1987). The Political Economy of International Relations. Princeton, N.J. : Princeton University Press , 449.
  • Susan Strange (1998). States and Markets. A&C Black , 266.
  • Susan Strange (1996). The Retreat of the State. Cambridge University Press , 218.
After enrolment, students can check the Books and Tools area in iLearn for the full Resource List.
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Enrolment requirements

Requisites: ?


Restrictions: ?


Assurance of learning

Assurance of Learning means that universities take responsibility for creating, monitoring and updating curriculum, teaching and assessment so that students graduate with the knowledge, skills and attributes they need for employability and/or further study.

At Bond University, we carefully develop subject and program outcomes to ensure that student learning in each subject contributes to the whole student experience. Students are encouraged to carefully read and consider subject and program outcomes as combined elements.

Program Learning Outcomes (PLOs)

Program Learning Outcomes provide a broad and measurable set of standards that incorporate a range of knowledge and skills that will be achieved on completion of the program. If you are undertaking this subject as part of a degree program, you should refer to the relevant degree program outcomes and graduate attributes as they relate to this subject.

Find your program

Subject Learning Outcomes (SLOs)

On successful completion of this subject the learner will be able to:
  1. Obtain an extensive understanding of Global Political Economy and have an appreciation of the international regimes that underpin global relations between all individuals.
  2. Research, develop and submit a concise written assignment.
  3. Present information to a group and to develop the ability to continually improve ones own capability to do so as well as an ability to assist others.
  4. Gain and communicate knowledge.
  5. Develop teamwork skills and acquire knowledge of equity and diversity and an understanding of how they enhance organizational capacity.


Assessment details

TypeTask%Timing*Outcomes assessed
*Class Participation Participation and Attendance 10% Ongoing 1, 3, 4, 5.
Essay Research Essay (2500 words) 40% Week 10 1, 4.
Oral Pitch Tutorial Presentation (10 - 15 minutes) Topics will be assigned in the first week, first tutorial 20% To Be Negotiated 2, 3, 4.
Computer-Aided Examination (Closed) Exam (short answer and multiple choice) 30% Final Examination Period 1, 4.
  • * Assessment timing is indicative of the week that the assessment is due or begins (where conducted over multiple weeks), and is based on the standard University academic calendar
  • C = Students must reach a level of competency to successfully complete this assessment.

Assessment criteria

High Distinction 85-100 Outstanding or exemplary performance in the following areas: interpretative ability; intellectual initiative in response to questions; mastery of the skills required by the subject, general levels of knowledge and analytic ability or clear thinking.
Distinction 75-84 Usually awarded to students whose performance goes well beyond the minimum requirements set for tasks required in assessment, and who perform well in most of the above areas.
Credit 65-74 Usually awarded to students whose performance is considered to go beyond the minimum requirements for work set for assessment. Assessable work is typically characterised by a strong performance in some of the capacities listed above.
Pass 50-64 Usually awarded to students whose performance meets the requirements set for work provided for assessment.
Fail 0-49 Usually awarded to students whose performance is not considered to meet the minimum requirements set for particular tasks. The fail grade may be a result of insufficient preparation, of inattention to assignment guidelines or lack of academic ability. A frequent cause of failure is lack of attention to subject or assignment guidelines.

Quality assurance

For the purposes of quality assurance, Bond University conducts an evaluation process to measure and document student assessment as evidence of the extent to which program and subject learning outcomes are achieved. Some examples of student work will be retained for potential research and quality auditing purposes only. Any student work used will be treated confidentially and no student grades will be affected.

Study information

Submission procedures

Students must check the [email protected] subject site for detailed assessment information and submission procedures.

Policy on late submission and extensions

A late penalty will be applied to all overdue assessment tasks unless an extension is granted by the subject coordinator. The standard penalty will be 10% of marks awarded to that assessment per day late with no assessment to be accepted seven days after the due date. Where a student is granted an extension, the penalty of 10% per day late starts from the new due date.

Policy on plagiarism

University’s Academic Integrity Policy defines plagiarism as the act of misrepresenting as one’s own original work: another’s ideas, interpretations, words, or creative works; and/or one’s own previous ideas, interpretations, words, or creative work without acknowledging that it was used previously (i.e., self-plagiarism). The University considers the act of plagiarising to be a breach of the Student Conduct Code and, therefore, subject to the Discipline Regulations which provide for a range of penalties including the reduction of marks or grades, fines and suspension from the University.

Bond University utilises Originality Reporting software to inform academic integrity.

Feedback on assessment

Feedback on assessment will be provided to students within two weeks of the assessment submission due date, as per the Assessment Policy.

Accessibility and Inclusion Support

If you have a disability, illness, injury or health condition that impacts your capacity to complete studies, exams or assessment tasks, it is important you let us know your special requirements, early in the semester. Students will need to make an application for support and submit it with recent, comprehensive documentation at an appointment with a Disability Officer. Students with a disability are encouraged to contact the Disability Office at the earliest possible time, to meet staff and learn about the services available to meet your specific needs. Please note that late notification or failure to disclose your disability can be to your disadvantage as the University cannot guarantee support under such circumstances.

Subject curriculum

Introduction, structure and goals of the subject

1, 4.

What is global political economy (GPE)? Why GPE (Problems of power politics and egalitarian liberalism)?

1, 2, 3, 4, 5.

Ideologies of the GPE: Mercantilism, Liberalism and Marxism

1, 2, 3, 4, 5.

Theories of the GPE: Institutionalist, political economy and neo gramscians

1, 2, 3, 4, 5.

Actors in the GPE: States, markets and civil society

1, 2, 3, 4, 5.

The creation of the international trading system: Bretton Woods, the General Agreement on Tariffs and Trade, International Monetary Fund and the International Bank for Reconstruction and Development

1, 2, 3, 4, 5.

Energy, trade and the rise of neo-mercantilism

1, 2, 3, 4, 5.

Global systems: Debt and agriculture, from the General Agreement on Tariffs and Trade to the World Trade Organisation

1, 2, 3, 4, 5.

Regionalism: The European Union, North American Free Trade Agreement, Asia Pacific Economic Cooperation, East Asia Summit and the Asia-Europe Meetings

1, 2, 3, 4, 5.

Global Financial Crisis 2008/09

1, 2, 3, 4, 5.

The destruction of the present versus creating a future: Globalisation, Westernisation, Asia-Pacific Century, United States of America Hegemony, Chinese Hegemony, or Terrorism

1, 2, 3, 4, 5.

Review, cogitation and conclusion

1, 2, 3, 4, 5.
Approved on: Jan 15, 2018. Edition: 2.2
Last updated: Jan 25, 2018.